Paypal gift

[RedB4Black]

I like the idea that PP fees are a seller's expense. I should try to argue that the next time I get gas with my debit card, see if the gas station will pick up the 3% credit fee.

Exactly. Maybe stores will start paying sales tax for me too!

What people don't understand is that it is the buyer's legal obligation to pay the tax. The store is required to withhold it. If you buy something from another State, that State has no obligation to withhold tax in a State that it does not have nexus with. Even if they don't collect sales tax from you, you as the buyer are still legally required to submit the sales tax to your State. Noone ever does and it's difficult to enforce, but there is nonetheless legal exposure to the buyer to pay sales tax to his State for everything he buys regardless of whether sales tax was collected by the seller.

I was being facetious, dude. I know how sales tax works...

In this circumstance, it's actually not a "sales" tax it's a "use" tax

Nonetheless, I understand what you meant, wasn't really directed at you ...just happened to quote you since you brought up taxes.

 

[FourT6and2]

No worries bruddah

 

[messenger]

I like the idea that PP fees are a seller's expense. I should try to argue that the next time I get gas with my debit card, see if the gas station will pick up the 3% credit fee.

You have to pay 3% to use your debit card? In Canada that fee is payed by the store. Depending on your account you sometimes get billed a flat fee for use (or sometimes after a number of uses).

 

[SpiderWars]

I like the idea that PP fees are a seller's expense. I should try to argue that the next time I get gas with my debit card, see if the gas station will pick up the 3% credit fee.

You have to pay 3% to use your debit card? In Canada that fee is payed by the store. Depending on your account you sometimes get billed a flat fee for use (or sometimes after a number of uses).

I think it varies and this is usually just gasoline. The gas station decides how they do it. Where I live, in lower-income neighborhoods there are usually two gas prices; cash and credit. Cash obv cheaper. In higher-income areas there is often only one price and not necessarily higher than the cash price at the lower-income neighborhood station. Often lower actually. In other words, in the higher-income areas they pay the fee (and still give you a good gas price) and in the lower-income areas you have a choice (but have to use cash to get best price).

Most retail stores and almost anything other than gas, the store pays the fee. Some bill-pay options make you pay a fee to use credit/debit but don't if you use a check (which seems weird because they have to process a check).

 

[stephen sawall]

Anyone worried about 3% is being idiotic.

Including the buyer. So if it's idiotic for the seller to worry about it, it's also idiotic for the buyer. Buyers of used gear these days expect FREE shipping. FREE packing. FREE Paypal. And so on. Each one of those things takes a chunk out of the sale price. Add it all up and you are close to, if not OVER, $200. Then take into account the low-ball offers and a $2000 sale is now $1500. And it's not about making a profit. Selling used gear isn't about that (for me). It's simply about getting what's fair.

Including everyone in my original statement.
The rest of that stuff you mentioned is outside the 3% PayPal. These people that want to low ball the price or people that buy cheap and then resell to make money piss off most people. Occasionally no big deal.... But we all see the people that are doing this all the time.

 

[squank]

Anyone worried about 3% is being idiotic.

Sorry dude, that's full of shit. If you don't want to worry about it, then don't. Many people disagree with you. It doesn't make them idiots.

3% of $20 is not an issue. But paying PP $75 in order to send $2,500 is bullshit for the incredibly low risk they incur. I'm fine paying Paypal for their service, but a more reasonable fee would be acceptable, like a small flat rate plus a tiny percent, say 0.25%.

Paypal has established essentially a monopoly in this game. Until there's some real competition, PP will continue to gouge users.

 

[stephen sawall]

Anyone worried about 3% is being idiotic.

Sorry dude, that's full of shit. If you don't want to worry about it, then don't. Many people disagree with you. It doesn't make them idiots.

3% of $20 is not an issue. But paying PP $75 in order to send $2,500 is bullshit for the incredibly low risk they incur. I'm fine paying Paypal for their service, but a more reasonable fee would be acceptable, like a small flat rate plus a tiny percent, say 0.25%.

Paypal has established essentially a monopoly in this game. Until there's some real competition, PP will continue to gouge users.

The back and forth barter is usually much more than 3%. There is plenty of other methods for anyone that wants to avoid PayPal. Personally I don't use PayPal, credit, banks at all since 2002.

 

[messenger]

Anyone worried about 3% is being idiotic.

Sorry dude, that's full of shit. If you don't want to worry about it, then don't. Many people disagree with you. It doesn't make them idiots.

3% of $20 is not an issue. But paying PP $75 in order to send $2,500 is bullshit for the incredibly low risk they incur. I'm fine paying Paypal for their service, but a more reasonable fee would be acceptable, like a small flat rate plus a tiny percent, say 0.25%.

Paypal has established essentially a monopoly in this game. Until there's some real competition, PP will continue to gouge users.

The back and forth barter is usually much more than 3%. There is plenty of other methods for anyone that wants to avoid PayPal. Personally I don't use PayPal, credit, banks at all since 2002.

How do you manage to not use a bank?

 

[Scumback Speakers]

That 3% fee paypal charges is basically the same as using your credit card at a merchant. The credit card companies don't cut the merchant a deal unless they hit a volume discount amount, but a lot of that went away 18-24 months ago I found out.

From a dollar perspective, it's pretty much the same percentage whether you use your Visa at GC, or send an individual money via paypal. You pay for certain protections, warranty, financing, and that all comes at a fee.

No bank is in it for free, whether it's your bank's Visa, or PayPal. They're not going to negotiate a small purchase, only long term steady purchases, which pretty much precludes gear sales...unless you're spending $25k per month on gear!

 

[napalmdeath]

So sending or receiving cash instantly across the country should be free, and insured against getting screwed over by the other party regardless? You guys crack me up. Y'all must be the same guys that buy an amp for $2000 one week then relist in the classifieds 4 days later for $2300! Flipping gear is a money losing venture, always will be. If you can't afford some loss you should stay out of the higher end gear market.

Well then as a buyer, if you can't afford to pay the PayPal fees associated with you demanding to use that service, you should stay out of the higher end gear market.

This makes no sense. Are you suggesting that buyers should be the ones eating fees? Does a $2000 amp sale give you some sort of entitlement?

Look, I've sold many things, gift, and not. I have 75 5-star transactions on Reverb, 45 positives on TGP, over 80 on Ebay, and several here. If a buyer wants to purchase from me, and won't use gift, I eat it. Plain and simple. This ideal that everyone has to jack their prices up to cover fees, or make the buyer eat them is totally ridiculous. The price of doing business is the sellers' and always should be, in my opinion, if you want your money. You high and mighties that sell $2-$3000 items some how feel entitled to do business for free, like the man said above, it cracks me up as well. A buyer is just looking to buy gear, not make Paypal free for YOU, and if not, punish the buyer. Yeah, that makes sense

And, FWIW, I choose to do transactions as a seller via gift more so I don't get fucked, than fees.

And, as far as TGP, I don't believe they should dictate what goes on in their classifieds. I pay them $12 a year to sell there, and they should mind their business. It's been stated for years, "NOT RESPONSIBLE FOR BAD DEALS", and I'm sure one too many faggots over there thought they should be for their own stupidity. Know who you're doing business with. If a guy has NO feedback, and 12 posts since 2008, chances are, I won't gift them shit!

 

[napalmdeath]

Anyone worried about 3% is being idiotic.

Including the buyer. So if it's idiotic for the seller to worry about it, it's also idiotic for the buyer. Buyers of used gear these days expect FREE shipping. FREE packing. FREE Paypal. And so on. Each one of those things takes a chunk out of the sale price. Add it all up and you are close to, if not OVER, $200. Then take into account the low-ball offers and a $2000 sale is now $1500. And it's not about making a profit. Selling used gear isn't about that (for me). It's simply about getting what's fair.

Including everyone in my original statement.
The rest of that stuff you mentioned is outside the 3% PayPal. These people that want to low ball the price or people that buy cheap and then resell to make money piss off most people. Occasionally no big deal.... But we all see the people that are doing this all the time.

I just tell lowballers to get lost, plain and simple. Yes, I see the ones flipping gear here all the time. I couldn't tell you the last time I even broke EVEN selling something. I take a bath on everything, 99% of the time, and I learned to accept it a long time ago.

 

[FourT6and2]

So sending or receiving cash instantly across the country should be free, and insured against getting screwed over by the other party regardless? You guys crack me up. Y'all must be the same guys that buy an amp for $2000 one week then relist in the classifieds 4 days later for $2300! Flipping gear is a money losing venture, always will be. If you can't afford some loss you should stay out of the higher end gear market.

Well then as a buyer, if you can't afford to pay the PayPal fees associated with you demanding to use that service, you should stay out of the higher end gear market.

This makes no sense. Are you suggesting that buyers should be the ones eating fees? Does a $2000 amp sale give you some sort of entitlement?

Look, I've sold many things, gift, and not. I have 75 5-star transactions on Reverb, 45 positives on TGP, over 80 on Ebay, and several here. If a buyer wants to purchase from me, and won't use gift, I eat it. Plain and simple. This ideal that everyone has to jack their prices up to cover fees, or make the buyer eat them is totally ridiculous. The price of doing business is the sellers' and always should be, in my opinion, if you want your money. You high and mighties that sell $2-$3000 items some how feel entitled to do business for free, like the man said above, it cracks me up as well. A buyer is just looking to buy gear, not make Paypal free for YOU, and if not, punish the buyer. Yeah, that makes sense

Don't like the terms of a sale? Pound sand and buy somebody else's amp. This shit is a business transaction. You want the thing somebody's selling, whether it's an amp or a car or a house or a freakin' hot dog? But you don't like the price or the terms or how they cook a ballpark frank? You're free to look elsewhere.

 

[legend71]

As a person who recently had to use the pay pal buyer protection policy, I would never do a transaction without ti again. I had a guitar shipped to me that was broken and the seller said I was on my own because I did not request insurance. He did not understand basic buying and selling principles. Paypal got my money back and I sent the guitar back immediately. It really was ridiculous but thank God the policy was in place. I do not mind if buyers factor it in to their price though. I think there has to be some give and take in a negotiation.

 

[Emg77]

Ive been screwed using PP multiple times. Thats why I prefer the friends and family option. All a buyer has to do is charge back their credit card , get their money back and keep your gear and PayPal shoves it right in your ass! I have no problem with the fees but PayPal does not protect buyers what so ever. I also use this option as a buyer. I vet out the person Im dealing with. I will say I have had nothing but great transactions on this site.

 

[Scumback Speakers]

I had a clown try and pull a fast one two years back. He bought a used Scumback, blew it up, bought a new one from me, then sent it back after six days saying it had voice coil rub, blown, some other lies. When the speaker came back it had the cone dented, the doping scraped off in three places, and the box was dented in a couple of inches as well.

When we tested the speaker, it was bad, but when we checked the hidden build date that speaker had been sold/built 10 months earlier, and you could see where the label had been changed. The guy also filed a Fedex damage claim and a paypal claim when I told him he'd sent me back a different speaker. Without the proof of the hidden build date to verify with PayPal (and my great record with them) this guy would have double dipped on getting his money back from both Fedex and me.

Not sure what Fedex did, I informed them, they told me he'd filed two damage claims on my speaker sale, and two others in the last 3 months. So now I put the ship date on the label, and on the cone as well, to avoid this type of fraud.

So, don't underestimate what paypal will do for the seller, but you must have proof. Of course, that buyer made it a lot easier by filing multiple claims, including the paypal dispute before the speaker got back to me. Takes some real balls to try to screw everyone over you do business with. I don't think he's on this forum, but if he was I'd expose him so the rest of you don't get treated like this.

 

[napalmdeath]

So sending or receiving cash instantly across the country should be free, and insured against getting screwed over by the other party regardless? You guys crack me up. Y'all must be the same guys that buy an amp for $2000 one week then relist in the classifieds 4 days later for $2300! Flipping gear is a money losing venture, always will be. If you can't afford some loss you should stay out of the higher end gear market.

Well then as a buyer, if you can't afford to pay the PayPal fees associated with you demanding to use that service, you should stay out of the higher end gear market.

This makes no sense. Are you suggesting that buyers should be the ones eating fees? Does a $2000 amp sale give you some sort of entitlement?

Look, I've sold many things, gift, and not. I have 75 5-star transactions on Reverb, 45 positives on TGP, over 80 on Ebay, and several here. If a buyer wants to purchase from me, and won't use gift, I eat it. Plain and simple. This ideal that everyone has to jack their prices up to cover fees, or make the buyer eat them is totally ridiculous. The price of doing business is the sellers' and always should be, in my opinion, if you want your money. You high and mighties that sell $2-$3000 items some how feel entitled to do business for free, like the man said above, it cracks me up as well. A buyer is just looking to buy gear, not make Paypal free for YOU, and if not, punish the buyer. Yeah, that makes sense

Don't like the terms of a sale? Pound sand and buy somebody else's amp. This shit is a business transaction. You want the thing somebody's selling, whether it's an amp or a car or a house or a freakin' hot dog? But you don't like the price or the terms or how they cook a ballpark frank? You're free to look elsewhere.

That's exactly what I'd do - look elsewhere, and tell YOU to pound sand.. I don't believe everyone out there is stupid enough to OVERPAY by what could be hundreds, because you want your money, and expect to incur no fees.

 

[FourT6and2]

So sending or receiving cash instantly across the country should be free, and insured against getting screwed over by the other party regardless? You guys crack me up. Y'all must be the same guys that buy an amp for $2000 one week then relist in the classifieds 4 days later for $2300! Flipping gear is a money losing venture, always will be. If you can't afford some loss you should stay out of the higher end gear market.

Well then as a buyer, if you can't afford to pay the PayPal fees associated with you demanding to use that service, you should stay out of the higher end gear market.

This makes no sense. Are you suggesting that buyers should be the ones eating fees? Does a $2000 amp sale give you some sort of entitlement?

Look, I've sold many things, gift, and not. I have 75 5-star transactions on Reverb, 45 positives on TGP, over 80 on Ebay, and several here. If a buyer wants to purchase from me, and won't use gift, I eat it. Plain and simple. This ideal that everyone has to jack their prices up to cover fees, or make the buyer eat them is totally ridiculous. The price of doing business is the sellers' and always should be, in my opinion, if you want your money. You high and mighties that sell $2-$3000 items some how feel entitled to do business for free, like the man said above, it cracks me up as well. A buyer is just looking to buy gear, not make Paypal free for YOU, and if not, punish the buyer. Yeah, that makes sense

Don't like the terms of a sale? Pound sand and buy somebody else's amp. This shit is a business transaction. You want the thing somebody's selling, whether it's an amp or a car or a house or a freakin' hot dog? But you don't like the price or the terms or how they cook a ballpark frank? You're free to look elsewhere.

That's exactly what I'd do - look elsewhere, and tell YOU to pound sand.. I don't believe everyone out there is stupid enough to OVERPAY by what could be hundreds, because you want your money, and expect to incur no fees.

Glad we're on the same page.

 

[Candiria]

So sending or receiving cash instantly across the country should be free, and insured against getting screwed over by the other party regardless? You guys crack me up. Y'all must be the same guys that buy an amp for $2000 one week then relist in the classifieds 4 days later for $2300! Flipping gear is a money losing venture, always will be. If you can't afford some loss you should stay out of the higher end gear market.

Well then as a buyer, if you can't afford to pay the PayPal fees associated with you demanding to use that service, you should stay out of the higher end gear market.

This makes no sense. Are you suggesting that buyers should be the ones eating fees? Does a $2000 amp sale give you some sort of entitlement?

Look, I've sold many things, gift, and not. I have 75 5-star transactions on Reverb, 45 positives on TGP, over 80 on Ebay, and several here. If a buyer wants to purchase from me, and won't use gift, I eat it. Plain and simple. This ideal that everyone has to jack their prices up to cover fees, or make the buyer eat them is totally ridiculous. The price of doing business is the sellers' and always should be, in my opinion, if you want your money. You high and mighties that sell $2-$3000 items some how feel entitled to do business for free, like the man said above, it cracks me up as well. A buyer is just looking to buy gear, not make Paypal free for YOU, and if not, punish the buyer. Yeah, that makes sense

And, FWIW, I choose to do transactions as a seller via gift more so I don't get fucked, than fees.

And, as far as TGP, I don't believe they should dictate what goes on in their classifieds. I pay them $12 a year to sell there, and they should mind their business. It's been stated for years, "NOT RESPONSIBLE FOR BAD DEALS", and I'm sure one too many faggots over there thought they should be for their own stupidity. Know who you're doing business with. If a guy has NO feedback, and 12 posts since 2008, chances are, I won't gift them shit!

That's cool and all, but that's not really how it works. The 'cost of doing business" is almost always passed onto the buyer. PayPal fees are no different. If you don't like the price that's cool, you just don't buy it or you shoot them an offer at what you're willing to pay.

Do you always pay for shipping when you sell something online?