ebay vs audiogon


I have bought equipment on both audiogon and ebay this past year and would say that I am definitely more comfortable with the former vs the latter. Twice recently equipment was misrepresented on ebay. On the first one paypal helped me recover my money. On the second it wasn't worth going crazy on (some scuffing on the top of a DVD player), but still left me hesitant to buy there again.

Hat's off to the audiogoner's for greater trustworthiness and honor.
quicke

Showing 5 responses by jmcgrogan2

Yeah, Ebay is very shady. One must be extremely careful when attempting to buy/sell there. I guess because it's so much larger, it tends to draw a larger amount of scammer's.
So I guess I should add 3% to the listing price and say Paypal is free. This is quite common. I know many sellers who claim Paypal is free, but will give a discount for a MO. What's the difference? I guess it's safer to do business this way. No chance that Paypal will catch you if you advertise free Paypal and give discounts for cash.

The reason Ebay enforces free Paypal, is because Ebay owns Paypal.
Bluefin684, I know some sellers who keep two Paypal accounts for this reason. If the buyer is transferring funds from a bank, they use the standard account, thereby no fees apply. If the buyer is using a credit card, they use their other, Premiere account, with the 3% fee.

Seems a tad complicated, but I guess it makes sense for some. I usually use CC when using Paypal, as a buyer. If I have the cash, I usually send a MO, as the seller will have a lower price if not using Paypal. I find that even sellers who advertise no charge for Paypal, give discounts for those paying cash.
Actually, what I did is just go open a new checking account. I had it verified and closed out my other bank account, which is a joint account with my wife and household moneys. My new account is strictly for Paypal. I've heard too many horror stories about that scam. They send you Paypal funds, you ship the item, then they refuse CC payment saying it's broken. They now have your ______ and their money. You have nothing.
So from now on I'll ship as soon as the funds clear Paypal into my account, and my account is emptied. Therefore Paypal wouldn't be able to come take back your money with you having no say in the matter.
PHD, USPS money orders don't give the buyer the choice of credit card use. I also have not been stung....yet. I've read posts from those who have been. I do not wish to write one of those posts. So while using Paypal may not get the buyer the unit any quicker, it will allow them to use a credit card.
Anyone can learn from their own experience, a wise man learns from the experiences of others.