Paypal


Okay, I've been out of the selling game for a number of years, so maybe I'm just not informed. However, I thought that paypal only charges 3% if a credit or debit card is used? If checking is used there are no transaction fees I thought. So why does EVERYONE on this site and Audio Asylum ask for extra money when using Paypal? This seems rather disingenuous to me. If you want to cover paypal charges then make if for when Paypal actually charges you, if you want to make a few extra bucks then raise your price. It just irks me. What am I missing? Are there charges I don't know about?
aewhistory
Infinite wisdom? I hardly think so. Even I'm not that smart. I've never tried to charge for anything that was not legit. Listing, shipping, insuring, packaging, paypal and final sales fees are all part of the costs involved. I had a buyer ask me to take a MO for a 4500.00 amp once after the listing expired, so I shipped the item after I cashed his check. I felt the price I asked would cover most all the fees so I put a MO in the box and and deducted the paypal fee and final sales fee that I would have been charged if the deal was done through ebay. I didn't tell him I would I just did it. He emailed me and asked what the MO was for and I explained. He was thankful and bought from me again. But if I have to pay the fees they are passed on to the buyer. If the buyer dosen't agree they can look elseware. Check out my feedback on ebay. Paypal now sends 1099 forms out to sellers. They are expected to pay taxes on sales. Taxes that they paid when they first bought the some items new. Somebody has to pay. I think I deal fairly. Check out my feedback on ebay. If anyone thinks that they are paying fees they shouldn't be paying, they have the option not to buy. You either want the item or you don't.
If you write a check to someone do you ask that person to pay your banking fees? If the buyer were meant to pay the Paypal fees why does Paypal not just charge the buyer in the first place? The seller is charged because he instigated the add, not the buyer.
I have bought just as much as I have sold on Audiogon. As the seller I have always paid the fees and as a buyer I don't like to also pay.
Just my two cents worth.
If paypal could charge the buyers a fee they would! Banking fees for writing a check? I'd get a new bank. Again, if the buyer doesn't want to pay the fees they can look elseware.
Polk, let me see if I understand you correctly. I have no problem with the buyer paying for shipping. I have no problem with the buyer paying PayPal fees as long as there are other options, (personal checks, money orders, wire transfers) and the buyer chooses PayPal. I have a major problem charging the buyer Audiogon fees. If that's what you're doing and you feel justified in do so, I'll repeat what I said in a previous post. How Rude!
Rude or not. Either have the money to be in the game or butt out and look elseware. Nobody (at least not me) is begging anyone to buy. Pay retail for new if you want. There are closing costs when you buy homes, fees when you buy cars, taxes in stores etc. If the price is right on an item what does it matter what is or is not itemized? Some sellers incorporate the costs into the item being sold, and make it look like there were no additional costs. Did the buyer make out as good or better? NO!!!!!! Best of luck.