Using paypal for local pickup

I just sold a pair of GE Triton Ones.  It was local pick up only.  When the person came over to listen, he wanted to pay by PayPal even though my ad stated cash only, no CC,  War Bonds, IO U’s or Bit Coin.  I told him no as the price was already $1000.00 cheaper than Blue Book and that PayPal was going to charge me 2.9% of the sale.  He already heard and inspected the speakers.  He left and didn’t buy them. 


The next day, a very nice gentleman from Connecticut came to the house and paid me in cash.  There was no way I was taking PayPal for a local pick up.  The very next day the first person called and said he was bringing cash.   I had a smile on my face when I told him they were already sold. 

No one is coming to my home, listening to the piece, physically inspecting it, putting it in their vehicle and leaving without paying cash.  That is just wrong on many levels. They can’t claim later that it wasn’t workin, didn’t match the advertised appearance or some such and demand a refund.  

That is why I like it when people do pick it up personally.  I set it up. They bring their music and listen and we talk music and equipment, they pay, take the equipment and leave happy.

If you bought a used car from a private party would you pay with PayPal or cash? Would the seller even accept that form of payment?

I understand that some are wary of locations.I happen to live in a pretty nice area.  But that problem rest with the buyer not with me. You are not physically taking my equipment without paying cash. 
As I’ve mentioned many times PayPal protects the buyer not the seller and Audiogon is in a business arrangement with PayPal, that is why they try to limit payment to PayPal only. I’m not drinking that coolaid.  I accept checks also,I just don’t ship until my bank tells me the check cleared.  If the buyer insist on using PayPal, fine.  You can’t pick up the item from my house and you pay the PayPal fee as shipping.

enjoy

Local pickup i take cash only paypal is garbadge.

I'll do PayPal friends and family. No fees, no hassle, no recourse.