No wonder nothing sells: wire transfer only


Seems big ticket items not only carry big prices but also big risks. 
Many sellers,  selling ultra priced equipment  are only willing to accept wire transfer as payment. Where’s the protection for the buyer? Speaking on experience, I would never send anything over $1000. to anyone no matter how good their feedback is without some sort of protection as a buyer. Maybe it’s just me, but nightmares do exist and can come true!

hiendmmoe

It's almost like giving cash to a stranger with a promise of something in return. I wouldn't do it.

I buy from dealers. The thought of wiring off a huge bunch of money just seems like crazy to me. I know folks that do it. I have gotten burned in much more direct circumstances. I don't mind paying a premium for certainty if it is more than I can laugh at loosing. 

Buyers demand risk-free purchase protection , but so do Sellers. = Mexican stand-off in terms of logistics, PayPal can be a bonus or a FUHBAR . 

This is a fantasy to please both sides simultaneously in an unregulated informal bulletin board ad forum ..especially where forum fans hide behind a central plank of anonymity . Whiners, complainers, crazys, and Bottom-feeders …AND conversely  5-star members ,,,, arise, exist, and feed  on both sides,

 

- I buy from Dealers and buy & sell with Private Sellers on CAM, always paid by direct prepaid EFT or credit card . That included $15K electronics,

- Dealer reputation and Seller with high # positive feedback matters on forum ads , but there is always a theoretical potential for issues.

- my take ,,,, An imperfect system works well enough under an understanding that the following prevails and ain’t gonna ever change   …..  “ ,In God we trust. Everyone else pays cash,”

 

I've never gotten burned, but I also don't do F&F. It does not, as others have pointed out, protect the buyer and seller. I insist on the "normal" Paypal method, and either the buyer pays Paypal or we split the costs.

Wiring?!? To a stranger?  I think not.