Originally Posted by Landlockedpirate
I know that this example is a scam, but just in case Ribnet members think Paypal will give them protection when buying a boat, it wont. Paypal excludes all vehicles from its money back policy.
Very interesting has the policy changed then?
This time last year I had my V8 MG BGT 220 bhp for sale on Ebay (still for sale if interested
though not advertised yet
) anyway I was offered the full asking price, paid directly into my PayPal account (by three different buyers/scammers) just pass on my PayPal account Email, they would then send their Agent to pick the car up that same day.
So thinks I mmm cant lose, I do not release car until funds in my account I am in charge as to letting the car go.
But it was an obvious scam, so I rang PayPal and run it by them, they said that it was a scam, what the buyer does is pay me the full ammount as requested he then sends his agent to pick up the car, the agent takes the car , the buyer waits a day and then gets onto PayPal to report that he has not recieved the goods (car) Pay Pal then ask ME to PROVE that the buyer picked the car up, of course I cant prove it, so PayPal said that they would have no option but to refund the full £8,500 to the buyer, and I would not see the car again, CLOSE CALL
PayPal said that they do not offer ANY protection to SELLERS of motor vehicles.