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Paypal Fees

Discussion in 'FEEDBACK: The Good, The Bad, The Ugly!' started by Funsize, Jul 31, 2013.

  1. Funsize

    Funsize

    24
    Dec 27, 2012
    Hi folks, I'm a new member here and would like to start collecting a few of the great knives I see here. I hope this is the correct forum for this question. Sellers mostly ask for a PP "gift" or for the buyer to add 3.5% and pay for shipping. I have no problem with the shipping but isn't the PP fee part of "doing business"? Additionally why would anyone negate any PP recourse if the sale goes bad by using the gift option?

    Thanx,
    Sue
     
  2. dericdesmond

    dericdesmond

    Sep 10, 2007
    Yes its a part of doing business but some justify it otherwise.
    eta-deleted 2nd part-read wrong
     
  3. powernoodle

    powernoodle Power Member

    Jul 21, 2004
    Sue:

    The seller will always pay any Paypal fees, and will always pay for shipping. You can't ship a package without paying to have it shipped, right? Some sellers recoup these costs by openly asking the buyer to pay them, and others - like me - factor these costs into the asking price and then say that there are no Paypal fees and shipping is "free". No matter how you do it, its all the same, though. Only the way its presented is different.

    Some buyers will pay with the gift option. I almost never do that, but will do it on rare occasions when the seller is someone I "know" and has tons of good feedback, in order to save them that 3.5%. But its leaves you without any recourse, too.
     
  4. Birnando

    Birnando

    150
    Jul 20, 2013
    Well, I guess people can ask whatever they want;)

    That said, I will never accept such terms.
    Period.
    I find it peculiar why a seller don't just say what they want, and add in the cost of selling it thru a service like Paypal.

    These tactics are but one of the reasons I do as much business with proper retailers as I possibly can..
     
  5. 3f8

    3f8

    148
    Mar 5, 2013
    Transactions done on the exchange are based on the parties goodwill and integrity. Using PP gift fraudulently makes a statement.
     
  6. spketch

    spketch

    Jan 28, 2011
    I think it should just be included in the asking price, but I'll still buy from someone asking 3.5% extra if I want the item. What really grinds my gears is the people who ask for 4, 5 or even 6% for PayPal fees... That is just insulting to me and I refuse to buy from those types.
     
  7. bolocheung

    bolocheung

    34
    Jun 3, 2013
    I have bought & sold a few knives with the stipulation of 3.5% or paypal gift. I can understand trying to recoup some of the fee which is in addition to shipping/packing. Say you sell a nib knife that costs $485 new. Seller offers it for $385 which is already a $100 hit, then add the pp fee & insured delivery & you end up taking another $15+ loss. I have no problem with gift option with a trusted member on the forum, but with the gift option you must have the funds in your pp balance or direct from bank account, otherwise still incurs fee with credit cards.
     
  8. Funsize

    Funsize

    24
    Dec 27, 2012
    Thanx, noodle. I guess that makes sense. If you know the person with whom you are dealing then the "gift" option is okay. I just think it is better practice to factor in all costs.
     
  9. RevDevil

    RevDevil

    Nov 9, 2009
    People have been asked to do this in the past, to no avail. Currently, there is no rule against asking for fees in addition to the cost of an item. It just makes the seller look like they can't do simple math in the end though. Add your fees, include your shipping and list one price. Don't make your potential buyers have to do math for you.
     
  10. richard thurman

    richard thurman

    Nov 9, 2005
    most of the time they want it to be a gift is when they are selling a switchblade or some other item that is against paypal rules. lets say you bought a switchblade with paypal and they find out about it. they can reverse the money and the Seller is out of the money and the switchblade knife too but if you use the gift Option you are not protected by paypal.
     
  11. ISKski

    ISKski

    Apr 11, 2011
    I flat out refuse to buy anything from anyone who asks for ME to pay THEIR pay-pal fees, if you want to ball it into you asking price thats another story..
     
  12. Funsize

    Funsize

    24
    Dec 27, 2012
    Just asking, why would you sell $485 knife for $385?
     
  13. arizcowboy

    arizcowboy

    899
    May 6, 2013
    Because people won't usually pay full retail for a knife from a private party as it's considered used. Of course there exceptions like the limited sprint runs of the Spydercos.
     
  14. MasterPisaster

    MasterPisaster

    774
    Apr 15, 2012

    There are many knives where makers have closed their books, even used, command 3x, 4x, even 5x their value. Cough "Burchtree" Cough "Rexford" Cough etc
     
  15. Lone_Wolfe

    Lone_Wolfe Dazed and Confused Platinum Member

    May 3, 2011
    Like some here have said, you only want to use the gift option if you trust the seller. I'll often price a knife "net to me". That gives my buyer the choice of how they want to pay me. Because I have a little feedback built up, I sometimes get paid by money orders or gift, even though I don't require it.
     
  16. JackHammer

    JackHammer Gold Member Gold Member

    Jun 24, 2010
    If I sell a knife, I usually ask for $10 towards shipping, though shipping usually runs me a few bucks more than that. I don't ask for paypal fees, I don't ask for the gift option, and I don't ask for insurance from the buyer. Insurance covers the seller, not the buyer.
     
  17. powernoodle

    powernoodle Power Member

    Jul 21, 2004

    I'm scratching my head on that one. $100 + 3.5% is bad, but $103.50 is good?
     
  18. GronK

    GronK Gold Member Gold Member

    Apr 1, 2001
    Using the paypal gift option is fraudulent. You accepted the terms of service, you should abide by them. BTW using that option makes honest people pay the price to keep paypal available. To put a finer point on it, if you are unethical enough to defraud paypal then how could I trust you not to reverse the payment when I'm not protected?
     
  19. ISKski

    ISKski

    Apr 11, 2011
    Yes, because they are not asking me to pay THEIR fees directly, they are giving me a price for an item.

    (Its really bothersome when someone is asking for full retail price PLUS 3.5% because they don't want to lose money in the transaction.

    If you don't want to pay the fees associated with using pay-pal then don't use pay-pal. Its not my job to pay 'your' fees.)

    That being said, I have added 3.5% to some of my transactions as an act of generosity

    As quoted from RevDev above

    "Add your fees, include your shipping and list one price."
     
    Last edited: Jul 31, 2013
  20. powernoodle

    powernoodle Power Member

    Jul 21, 2004
    I get myself in trouble a fair amount around here because I have a character flaw that doesn't allow me to accept nonsense. And forgive me but its just nonsense to pretend that the asking price does not encompass everything including shipping and Paypal fees. Whether the seller acknowledges this fact by saying "$100 + 3.5%", or does not acknowledge it by say "$103.50 and I'll eat the fees", the buyer is still paying the fees and shipping costs either way, and the price is still $103.50 either way. The only difference is the emotion that the buyer experiences or does not experience based on the seller's marketing technique.

    I agree with you, Archbishop RevDev and others who contend that "$103.50 and no fees" is the easier and more straightforward of the two ways, and that's the only way I've ever done it. I always say "free shipping and no fees", and I'm not advocating using the words "plus 3.5%". What I am advocating is that there is no objective difference between the two ways, because either way you are putting $103.50 into the seller's Paypal account, and either way you are paying the fee.

    I've ridden this donkey too far, and will zip it now. :) I get that you don't like being asked to pay the fee. :thumbup:
     

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