RhysP Posted February 7, 2015 Share Posted February 7, 2015 (edited) [quote name='cloudburst' timestamp='1423268374' post='2683101'] .....I've also offered up my flawless BC feedback..... .....I also feel that the seller is disrespecting my good name which is comprehensively evidenced in BC feedback.... [/quote] Maybe the seller, like me, has had past experiences on the forum that have led him to believe that "Flawless Basschat Feedback" is no guarantee of anything. At the end of the day how he wants to accept payment is up to him, not anybody else. Edited February 7, 2015 by RhysP Link to comment Share on other sites More sharing options...
MiltyG565 Posted February 7, 2015 Share Posted February 7, 2015 [quote name='SubsonicSimpleton' timestamp='1423281427' post='2683135'] No real point trying to claim the moral high ground if you give enough information to identify the seller and item in question quite easily without naming names - there are plenty of valid reasons to ask for a cash sale, and not everyone is willing to be trusting on high value transactions regardless of who they are dealing with (which is quite understandable IMHO). [/quote] I'd prefer an instant bank transfer, tbh. With real, physical money, there's always a risk of counterfeited money, and there's also a risk of getting mugged and having the money stolen from you. Straight into the bank, for me, please. It's where the money will end up, anyway. Link to comment Share on other sites More sharing options...
MiltyG565 Posted February 7, 2015 Share Posted February 7, 2015 [quote name='RhysP' timestamp='1423316523' post='2683428'] At the end of the day how he wants to accept payment is up to him, not anybody else. [/quote] True, but the seller has to be accommodating of the buyer's needs/wants too. As I said, I'm happier with a bank transfer at that sum of money. I might consider a cash sale, but if it feels wrong to me, I will either insist on a bank transfer (which makes it seem like something dodgy to the seller), or walk away from the sale. This is why retailers offer multiple ways to pay. Some people are just happier with certain formats. Link to comment Share on other sites More sharing options...
The Admiral Posted February 7, 2015 Share Posted February 7, 2015 [quote name='MiltyG565' timestamp='1423316656' post='2683429'] I'd prefer an instant bank transfer, tbh. With real, physical money, there's always a risk of counterfeited money, and there's also a risk of getting mugged and having the money stolen from you. Straight into the bank, for me, please. It's where the money will end up, anyway. [/quote] Not unknown in car trading circles. Punter turns up to buy car - offers to pay cash, let's say £10,000 for an M3. Deal done, he drives off. 5 minutes later, 3 lads in balaclavas and with a machete turn up on the doorstep, force their way in, and demand the cash, then drive off in a second car. Outcome - no car, no cash. Fake contact details for buyer, no pictures of anyone, and no evidence to speak of. When I've ever accepted any amount of cash for anything, I've always done the transaction at the bank and paid it straight in. They can then check for counterfeits too. Cash deposited and checked for fakes, the keys get handed over. Link to comment Share on other sites More sharing options...
TimR Posted February 7, 2015 Share Posted February 7, 2015 Maybe the seller likes to store all his money in shoe boxes in his wardrobe. Definitely ask to look in his wardrobe if you change your mind and go to collect the keyboard. In fact I think you should ask anyway. Link to comment Share on other sites More sharing options...
lonestar Posted February 7, 2015 Share Posted February 7, 2015 My take on this is that if you were keen to buy this keyboard S/h without warrnty for £1650 and happy to transfer funds then what diiference does it make paying cash other than having take it out of the bank and carry a substantial amount of money around ? The sellers financial or banking circumstances are neither here nor there. For me the question would be was I comfortable buying a complex electronic device with no comeback or spending a considerable amount more, 400quid is quite a chunk for me,to buy a nice shiny new one with warranty from a local dealer. Is it that the sellers approach has raised concerns about his general trustworthiness regarding the instrument rather than why he wants cash ? Personally I'd not worry about the cash thing if it was this sh keyboard that I wanted to buy. Pleaes let us know how it pans out Good luck! Link to comment Share on other sites More sharing options...
MiltyG565 Posted February 7, 2015 Share Posted February 7, 2015 [quote name='lonestar' timestamp='1423317062' post='2683442'] The sellers financial or banking circumstances are neither here nor there. [/quote] Agreed! [quote name='lonestar' timestamp='1423317062' post='2683442'] For me the question would be was I comfortable buying a complex electronic device with no comeback or spending a considerable amount more, 400quid is quite a chunk for me,to buy a nice shiny new one with warranty from a local dealer. [/quote] Indeed, it is quite a chunk of money. But, I feel that if I had saved up £1600, that saving an extra £400 wouldn't be that much bother. Link to comment Share on other sites More sharing options...
mcnach Posted February 7, 2015 Share Posted February 7, 2015 [quote name='MiltyG565' timestamp='1423316907' post='2683438'] True, but the seller has to be accommodating of the buyer's needs/wants too. [/quote] That's the thing, he doesn't have to. It's up to him how he wants to sell stuff, and at what price. We can try to negotiate, but his is the last word, he has the right to put whetever conditions he wants to. You have the right to pass. Link to comment Share on other sites More sharing options...
ambient Posted February 7, 2015 Share Posted February 7, 2015 Depending who you bank with, transfers aren't necessarily instant, so this talk of an instant transfer all depends on who you bank with. I sold an amp on here last year. It took 48 hours for the money to arrive in my account. He banks with Santander. Faster payments can take 2 hours, though the bank is allowed to take up to 48 hours. Link to comment Share on other sites More sharing options...
MiltyG565 Posted February 7, 2015 Share Posted February 7, 2015 [quote name='mcnach' timestamp='1423317758' post='2683460'] That's the thing, he doesn't have to. It's up to him how he wants to sell stuff, and at what price. We can try to negotiate, but his is the last word, he has the right to put whetever conditions he wants to. You have the right to pass. [/quote] True, but it is easier to sell if one accommodates the buyer. He doesn't have to, you're right, but for the sake of closing the deal, he should. [quote name='ambient' timestamp='1423317815' post='2683462'] I sold an amp on here last year. It took 48 hours for the money to arrive in my account. He banks with Santander. [/quote] Yes, sometimes it isn't instant. I sold my iPad on BC last week, and the buyer paid by bank transfer, and even though his bank said that it could take until the end of the next banking day to go through (which would have been Tuedsday, as the deal was done on a Saturday night), it was in my account almost instantly. It's often quite quick, although not always. Link to comment Share on other sites More sharing options...
leschirons Posted February 7, 2015 Share Posted February 7, 2015 TBH, If, as the OP states, the seller is a member on here, I find it quite weird that you're all discussing this in public in the first place. Link to comment Share on other sites More sharing options...
Colonel36 Posted February 7, 2015 Share Posted February 7, 2015 As far as I'm concerned it's the sellers terms and if the buyer doesn't want to deal on those terms then that's that. If the seller wanted to deal only in Bitcoins, then the buyer would either agree or not. Deal or no deal. Link to comment Share on other sites More sharing options...
FinnDave Posted February 7, 2015 Share Posted February 7, 2015 Cash also can be risky as there are a lot of forged notes out there. I sold one of my bikes last year and the buyer paid 6k in cash. I had a rather unsettling time at the bank as their machine flagged up a couple of hundred quids worth of potentially dodgy fifty quid notes. All finally proved to be ok but the bank told me it is quite common for any large sum in cash to contain a few fakes. Link to comment Share on other sites More sharing options...
TimR Posted February 7, 2015 Share Posted February 7, 2015 Withdrawing over £1k in cash is not without problems. http://www.thisismoney.co.uk/money/experts/article-2540445/What-maximum-money-I-withdraw-HSBC.html Link to comment Share on other sites More sharing options...
fretmeister Posted February 7, 2015 Share Posted February 7, 2015 I seem to recall a story where someone arrived to pay & collect an item. The buyer paid electronically while there, and the goods changed hands. 5 mins after the buyer left the buyer called his bank and cancelled the transaction as an error. Money gets pulled straight out again. It's so close to the original transfer the bank just do it. Link to comment Share on other sites More sharing options...
Jus Lukin Posted February 7, 2015 Share Posted February 7, 2015 I've been very trusting on here, and folks have been very trusting of me. We fire off large amounts of money to complete strangers on items sight unseen very regularly on the forum. Most of us presumably have faith in positive human nature, and fortunately find we are in good company much of the time. I view this from the other direction though- I'm surprised we are not all more cautious round here, and the seller is displaying sensible skepticism towards a large transaction with a guy he has never met. He has the potential to lose his synth and a payment of £1650 in one fell swoop, so wants the cash in his hand. Very sensible I'd say. You know you are trustworthy, he knows he is trustworthy, but you don't know each other from Jack. Link to comment Share on other sites More sharing options...
ambient Posted February 7, 2015 Share Posted February 7, 2015 [quote name='FinnDave' timestamp='1423318366' post='2683477'] Cash also can be risky as there are a lot of forged notes out there. I sold one of my bikes last year and the buyer paid 6k in cash. I had a rather unsettling time at the bank as their machine flagged up a couple of hundred quids worth of potentially dodgy fifty quid notes. All finally proved to be ok but the bank told me it is quite common for any large sum in cash to contain a few fakes. [/quote] I sold a bass last year, withdrew the cash from natwest. One of the 20's was a fake. Link to comment Share on other sites More sharing options...
thebrig Posted February 7, 2015 Share Posted February 7, 2015 [quote name='leschirons' timestamp='1423318169' post='2683466'] TBH, If, as the OP states, the seller is a member on here, I find it quite weird that you're all discussing this in public in the first place. [/quote]This! If a seller asks for a method of payment I don't agree with, I would not take it as a slight on me, I would just look elsewhere, and quite honestly, this should not have gone public, as I'm sure the BC'er who is the seller and has done nothing wrong, is going to read this thread sooner or later. Link to comment Share on other sites More sharing options...
stingrayPete1977 Posted February 7, 2015 Share Posted February 7, 2015 Is this the seller? [attachment=183170:keytar.jpg] Link to comment Share on other sites More sharing options...
M@23 Posted February 7, 2015 Share Posted February 7, 2015 [quote name='leschirons' timestamp='1423318169' post='2683466'] TBH, If, as the OP states, the seller is a member on here, I find it quite weird that you're all discussing this in public in the first place. [/quote] Glad I'm not alone. Link to comment Share on other sites More sharing options...
CHW Posted February 7, 2015 Share Posted February 7, 2015 I must admit that I've never had a problem with large cash, or online purchases or transfers either through fora, or eBay/Gumtree. However, I do always transfer the money out of the account it's been put in within a few minutes of it being there, so I obviously don't trust the method completely. I used to run the bar for my local tennis club, and would regularly leave the premises with well over 1K in cash, taking it home to pay into a bank later. I know I far prefer the online method for my own comfort. Link to comment Share on other sites More sharing options...
lurksalot Posted February 7, 2015 Share Posted February 7, 2015 I think on this occasion the general conscensus has been made known , I dont think this needs topic needs any further exploration , if a general trustworthy topic needs raising then that should be the way to continue this discussion . There are plenty of hints and tips in the marketplace to help come to these sort of decisions. Link to comment Share on other sites More sharing options...
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