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      07-20-2012, 12:06 PM   #1
coh4777
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Drives: 07 BMW 335i Coupe
Join Date: Jul 2009
Location: Vegas

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Ebay Motors Payment Options

When it comes to purchasing a vehicle using ebay motors, I know that paypal is the preferred method of payment, but are bank-to-bank wire transfers safe as well? I am wondering because it takes about a week for funds to transfer from my bank to paypal, so it makes the process a little more difficult. I was looking at ebay's Vehicle Protection Policy and it says the following:

You, the seller, the vehicle, and the financial institutions on which payment was drawn, and to which payment was made, must have been located in one of the fifty United States or Canada on the listing's end date.

This leads me to believe that bank-to-bank wires are protected.

A related question, if I were to use the paypal method, the seller would be charged the 2.9% fee. If there is no mention of the fee in the listing, this means that they will have to cover it, correct?

Thanks!
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COH4777
2007 335i Coupe - Jet Black / Coral Red / Aluminum Trim / 6MT / Sport / Premium / CA / Navi / iPod + USB

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