The 1947 - Present Chevrolet & GMC Truck Message Board Network

The 1947 - Present Chevrolet & GMC Truck Message Board Network (https://67-72chevytrucks.com/vboard/index.php)
-   The 1960-1966 Chevrolet & GMC Pickups Parts Board (https://67-72chevytrucks.com/vboard/forumdisplay.php?f=7)
-   -   Other paypal gift option on sales. (https://67-72chevytrucks.com/vboard/showthread.php?t=712711)

Cash3481 11-09-2014 10:24 PM

Re: paypal gift option on sales.
 
I will make sure my future post include the no gift wording and correct the threads that come TTT. I frequently get payments from previous customers that include the added amount or on the other side... I state a price shipped and the person adds more money on top of the quoted amount and then pays as a gift (I appreciate it too).
Although I don't depend on parts for income (I reinvest it into more parts), several people do. I can see where there is significant losses over the course of the year for parts suppliers/businesses because small parts have small profit margins.
I also understand there has been several deals gone south and that ruins it for others but like it or not it's still customer based sales and this site has the best people/customers.
The SIGNIFICANT SAVINGS I get buying here offsets the 3%. Think of the added cost as a savings privilege we get (and give) to each other.
If people have to raise their prices I'll pay it! I would like to thank all who sell on here and share their wisdom. I think the knowledge I learn on here every month is worth the $15 a month I pay. Thanks again to all!

w314speed 11-10-2014 07:28 AM

Re: paypal gift option on sales.
 
The difference in hobbyist sales and vendor sales is the vendors have recourse through tax deduction for business expenses, hobbyist don't.

We all want to sell our parts for fair market value and not have to absorb the payment method of PayPal or credit card. When all the extra's are stuffed into the sale price, then many think you are ripping them off.

The payment method that the buyer chooses is for their convenience, for quick shipping etc. As stated in this thread check and money order can still be used.

The adding of the 3% fees to purchase and shipping charges is the best way to handle PayPal. That will put all specific charges on the table and in-front of "all". Thanks, Dan

lowlyfec10 11-10-2014 10:07 AM

Re: paypal gift option on sales.
 
i've always used and gotten gift payments, i hate the fees....but i understand the risk and i've never been out to screw anyone over. i guess i will no longer mention it here. no sweat.

Maddoxdb 11-10-2014 10:25 AM

Re: paypal gift option on sales.
 
As a purchaser, paying an extra 3% for faster shipping is really a pretty cheap upgrade on shipping price vs. waiting for the seller to receive your check or money order. On a larger purchase I may consider sending money orders still but for smaller stuff 3% really isn't that big of a deal. Dustin

cheyenne shortstep 11-12-2014 12:09 AM

Re: paypal gift option on sales.
 
It is the cost of doing business and the convenience of instant payment vs. waiting on the mail. I don't ask the buyer to cover the fees I include that in my asking, shipped price. I am always a little turned off when agreeing to buy something for asking price and receive a message asking me to cover the PP fees. I agreed to a price and the seller agreed to a payment method but then wants to charge extra, no thanks. Just my 2 cents.

DeadheadNM 11-12-2014 05:15 AM

Re: paypal gift option on sales.
 
Should this be a sticky thread?

jjzepplin 11-12-2014 09:02 AM

Re: paypal gift option on sales.
 
I cover the fees and never use the gift option to save money. I have been saved several times by this function from otherwise highly rated sellers. The 45 days to launch a dispute for the transaction is a fair amount of time to get the issue resolved and I have used this function a few times to give the seller even one more chance to make it right or send my product. It works.

wahl4m 08-21-2016 09:29 AM

Re: paypal gift option on sales.
 
i agree that after saying i will take something /the seller will tack on a pp fee !!! include your fee in price ! i like the sellers saying that includes shipping !!

paulspickupparts 11-14-2020 10:20 PM

Re: paypal gift option on sales.
 
How about sales tax ? Who pays that . The government passed a law that should tax all online sales. Should they buyer or seller pay for this? Our state area is 7% plus 2.9 plus transacraction fee which ends up being about 10%

LostMy65 11-15-2020 05:19 PM

Re: paypal gift option on sales.
 
Quote:

Originally Posted by paulspickupparts (Post 8835885)
How about sales tax ? Who pays that . The government passed a law that should tax all online sales. Should they buyer or seller pay for this? Our state area is 7% plus 2.9 plus transacraction fee which ends up being about 10%

Actually, who has to claim it on their taxes?
Does the seller get taxed on what they sell? Yes they do. But when someone shops at a store, the cost of the sales tax is rolled over to the buyer. The buyer does nothing with their tax statement, the seller does, but the seller charges sales tax to the buyer.
.
To answer your question; The seller would be completely in their rights to advertise an item for whatever they want. Do you have a $100 item you want to sell? You could either ask $110 for it, or ask $100 and lose $10 on the sale.


All times are GMT -4. The time now is 05:32 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Copyright 1997-2022 67-72chevytrucks.com