No Sellers willing to do COD anymore???


I first got into this hobby about 4 years ago (at least in terms of owning "high end" equipment).......one of the main ways I was able to do that was by buying almost everything used. My speakers (B&W M802's) I found used at a local audio dealer, & after that, bought most of the rest of my system from private sellers thru Audiogon, always doing COD, which seemed almost SOP at that time.

Now, most sellers INSIST on Cashier's Check upfront, end of discussion. And I admit, when I'm selling items long distance, it would be nice to be able to impose that, but the last time I tried that when listing something FS, no one was willing to do that. Am I missing something? Would anyone ship their expensive audio stuff to someone just relying on their word that they'd then send them the $$$?? It seems too one-sided now......even with all the potential pitfalls of COD; at least it's sort of equal for both parties. Thanks for any input!
steveaudio

Showing 1 response by hager_charles

It is a whole lot easier to follow the money trail than it is to follow the amplifier trail.... What I mean is that If I mail out my $2000 amp to Joe Cool, and he skips town, how do I know that was even his true name??? No picture or ID. If I get a check up front and cash it, there is a legal paper trail to be followed. ID's are neccessary for check cashing, NOT for accepting a package... My account information is at the bank and they require ID to open that account. It's a LOT safer mailing out $$$ first than it is mailing out the item first.

Furthermore, I have sent an item by COD and it really stinks. It took 6-8 WEEKS to get my money after the item was accepted. I will try FedEx next time, but UPS is horrible when it comes to this service. Quite the pathetic process...