OT: Has anyone ever had an eBay buyer ask to pay for an item in installments?

[Snapolit1]

That's what credit cards are for. A built in installment payment program.

[bobbyw8469]

Yes....A Spider Man #2 I had on Ebay......he made payments every month, and I didnt ship until the last payment came.....

[Mdmtx]

I have done this as a buyer many times. In fact I have a current deal pending with 3 payments to go.

[bnorth]

Originally Posted by bobbyw8469

Yes....A Spider Man #2 I had on Ebay......he made payments every month, and I didnt ship until the last payment came.....

That is great that it worked out for both of you.. How did that work on/with eBay?

I have never done it on eBay but have asked on here(Net54) about doing it on a complete set i purchased.

[bobbyw8469]

Originally Posted by bnorth

That is great that it worked out for both of you.. How did that work on/with eBay?

I have never done it on eBay but have asked on here(Net54) about doing it on a complete set i purchased.

I closed the item on Ebay and he made payments through PayPal, if I remember correctly......It went perfectly, but I guess there could have been problems?

[vintagetoppsguy]

I've seen sellers offer this before on BIN auctions where the price is inflated a bit. I think eBay seller Mike Denero (sp?) offers that on his eBay listings. I've never used it before, but I can understand why he offers it if it moves more cards.

[ls7plus]

I've arranged for such purchases as a buyer with dealers I knew, such as Tony Arnold and a few others. They keep the item until the last payment is made, and then ship. Has worked out quite well for me. I got my 1907 Dietsche Fielding Pose Cobb through Tony that way when cash flow in my practice was a bit tough during the great recession.

Best wishes,

Larry

[botn]

If you would be taking paypal payments be aware that in order to comply with the seller protection policy each paypal payment must have a unique tracking number. This would obviously not be possible if you are shipping 1 item. In their user agreement it recommends to never take multiple payments for an item.

And as was suggested there maybe issues with eBay in taking multiple payments for an item. I am not aware of a program where ebay supports that since it would frustrate the paypal policy and they require sellers to take paypal or another online payment service.

[x2drich2000]

Personally, through Ebay I wouldn't do it. Ebay just has way to many loopholes, rules, requirements, etc to take the risk. However, if someone from this site needed to make payments over time, i would work with them on it. Likewise I've had people on this site hold cards aside for me until I could pay for them. In all cases, make sure everyone knows the game plan upfront and don't send the card until payment has been made in full.

DJ

[philliesfan]

Yes I have. He wanted to do two payment about two months apart. It worked out fine. I did not ship until the second payment cleared.
Robert

[ALR-bishop]

I am just a buyer on ebay but often see and get offers from sellers I purchase from to make payments over time, especially on larger items. I fortunately do not need to use them but not surprised some buyers ask for it if they are seeing what I see

[Mdmtx]

The deals I have done as a buyer have been off eBay and 2000.00 or more. I have done this about 8 times. It allows me to cash flow the purchases better and keep my wife's smirks to love smirks rather than hate. I also did a similar deal here for 1k with Leon. Has worked well on each occasion and has been a win/win imo.

Mark