Mountain Bike Reviews Forum banner
1 - 10 of 10 Posts

·
Registered
Joined
·
354 Posts
Discussion Starter · #1 ·
Hi all. Does anyone have any experience selling bike parts (or anything for that matter) on this site or ebay and accepting postal money orders as a form of payment? There are a lot of scammers out there. I have run it through my head and as long as I don't ship the item until the cash is in my hand, I think that I will be safe. Am I missing anything here? Any comments would be great.Thanks.
 

·
Registered
Joined
·
2,585 Posts
It would be better to use Paypal. Your bids will stay low on Ebay because buyers will have the same distrust you have about sending cash without any guarantee the item will be sent. I bought a bike for $1000 using a postal money order but the seller had an address in the phone book and I could see from his selling record that he could pretty much be trusted. From the buyers perspective I have become suspicious of sellers who appear to be under 22 years of age. I have had a couple of bad experience with young sellers trying to make an extra buck.
 

·
Registered
Joined
·
354 Posts
Discussion Starter · #3 ·
....As the seller in this case, I prefer Paypal but a lot of potential buyers email me asking if I would accept money orders and/or cashiers' checks. So, it is the buyers who are making the first move. This is my first ebay transaction so I have no buy/sell history.So, why would a buyer trust me enough to send cash...basically?
 

·
Registered
Joined
·
642 Posts
rocdog said:
....As the seller in this case, I prefer Paypal but a lot of potential buyers email me asking if I would accept money orders and/or cashiers' checks. So, it is the buyers who are making the first move. This is my first ebay transaction so I have no buy/sell history.So, why would a buyer trust me enough to send cash...basically?
Start buying some cheap stuff on Ebay, it doesn't need to be bike related. Then you will have some feedback, and people will trust you more.
 

·
Registered
Joined
·
49 Posts
borregokid said:
It would be better to use Paypal. Your bids will stay low on Ebay because buyers will have the same distrust you have about sending cash without any guarantee the item will be sent. I bought a bike for $1000 using a postal money order but the seller had an address in the phone book and I could see from his selling record that he could pretty much be trusted. From the buyers perspective I have become suspicious of sellers who appear to be under 22 years of age. I have had a couple of bad experience with young sellers trying to make an extra buck.
I have had excellent success buying from people (sometimes a lot)younger than 22. :eek:
 

·
Registered
Joined
·
198 Posts
I have been selling on eBay since I was 20. Over 200 transactions with 100% feedback. I prefer PayPal but have bought/sold using money orders.

I think age is irrelevant. I know some 30yo "kids".
 

·
I don't huck.
Joined
·
2,543 Posts
Sorry for the hijack, but anyone know what is the stigma with shipping overseas (Europe) from ebay? If it is a paypal transaction, and they are paying the shipping, what is the deal? Extra hassle with shipping, less recourse for a bad buyer? A lot of Euro guys like this vintage bike stuff.

I just sold some stuff to a guy in Canada. His Paypal money is as good as anyone else and shipping was not much different.

Hopefully this is pertinent to the context of the thread.

Personally, I like Paypal, however I sold a vehicle on Ebay and I asked for cash since it was being picked up in person.
 

·
Registered
Joined
·
1,602 Posts
Believe it or not, I once had a car for sale online in which I received a bogus money order as payment. I should point out that it wasn't a postal money order, but rather a bank MO but still, it just goes to prove how low some scammers will sink to rip you off.
 

·
Registered
Joined
·
97 Posts
I've taken a lot of MOs for eBay transactions. Actually I prefer it because you don't have to give Paypal a cut of your money. I figure I cash the MO, then if I have the cash in hand then I'll ship. If it turns out to be bogus then I hang on to my stuff and cancel the transaction. No skin off my back. Actually, I have never had a deal fall through with the MO. I guess I have been lucky.
 
1 - 10 of 10 Posts
Top