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 vayasteve

I rather not bother with COD.UPS took a long time sending the Money orders to me.You can specify like I did that you only want postal money orders or will not bother.I did COD once and it was a leap of faith.I put everything up front but UPS took 3 weeks to send the money order.Postal service has a dollar limit which is 500.00 and you can specify cash only which will be converted to a postal money order sent to you,you have that choice.You can do the same with UPS ask for a POSTAL money order as they dont accept cash.I hadnt dealt with FED EX yet and I usually deal with the Post Office only,as I work for them and using the competition would be taking the few crumbs away from me.But I rather accept a postal money order up front,I really dont like personal checks andsome bounced on me,not for a lot of loot but still it's loot that I lose plus bank charges.When someone send s a check i let them know that it's 3 weeks for clearence and that usally get me the postal money order that I asked for in the first place.After all I might not have too many feedbacks here on Audiogon but I always let folks know to check out my feedback on EBAY which is over 800 positives.Cheers.