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Paying time frame

What do you guys feel is a reasonable time frame to expect someone to pay for a purchase? I know audiogon says contact should be made within 72 hours and payment within 5 days but this seems extreme to me. I generally pay within 24 hours of making a deal. It just seems crazy to me to keep a seller waiting... For what, you already agree'd to buy now pay. What's your thoughts?
harri009
poets
9 posts
 
Harri009,
My thoughts are like yours, but sometimes a person may be in a situation that delays their being able to make immediate payment and that is were the grace period comes in to play.
I usually pay immediately if it is a purchase now, if bidding on a listing I pay shortly after the bidding has closed.
mitch2
4,202 posts
 
Agree with Poets. I try and pay immediately and cannot think of an occasion where I took longer than 24 hours.

Probably the longest I have ever taken was this past weekend when I made an offer on Saturday afternoon, which was accepted, but delayed payment until Sunday afternoon because I was out of town and didn't want my info going through the hotel internet.
czarivey
5,946 posts
 
if paypal, than 24...72 hrs. if money order or check, than slower.
schubert
7,386 posts
 
Some will not touch any online payment method, a MO should take no more than a week.
markpao
524 posts
 
I always pay within 24 hours, usually immediately. And ship within 24 hours as well. But that's me, OCD maybe.
But everyone's not like that and you have to honor the rules.
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