Selling car via paypal - question around paperwork

[Axe]

Scenario:
Buyer (not local) for local car (mine) is offering to purchase the car without seeing it ( i have sent them pictures and descriptions), and pay for it via a credit card deposit to my pay pal account. They will then have someone pick it up.

Question
1. Are there any issues regarding accepting credit card pmt via pay pal (ie can they come back in 30 days and cancel the transaction?). Does pay pal verify that the credit card is valid?

2. Do I just need the usual Bill of Sale and have the person that is picking up the car fill it out or do i need a signed copy from the actual buyer?

If anyone can shed some light here, I would appreciate it.

[dynamo]

i smell a scam a mile away

[Ukyo8]

that does sound pretty shady

[Sentry]

Tell him to get fucked.

[SCHIDER23]

:werd:

Is a SCAM, when dealing with vehicles is better to deal locally and cash or bank draft, saves you alot of headaches.:thumbsup:

[Axe]

Appreciate the quick and consistent responses - helpes validate my gut as well. THanks for the feedback Beyonders!

[syrous]

Originally posted by SCHIDER23
:werd:

Is a SCAM, when dealing with vehicles is better to deal locally and cash or bank draft, saves you alot of headaches.:thumbsup:


bank draft not good too.. they can scam that....

[exodus989]

Scam. Stolen credit card, the payments get reversed and you get fucked.

[Dilmah]

It's a scam. Nobody would buy a car without seeing it first.

[ryanallan]

If the guy has a verified PayPal account it may be ok as PayPal offers pretty good protection.

But the whole credit card thing doesn't sound good.

[911fever]

you're going to get raped out of a car

[Axe]

So...sent the guy an e-mail saying whoever was picking up the car could bring a money order or cash....an amazingly enough the buyer did not reply...just validates the "scam" comments.

Appreciate everyone who chimed in on this