(Topic ID: 329598)

Buyers...is 'cash on the glass' ever a deal-breaker for you on local pickup

By curban

1 year ago


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Topic Stats

  • 161 posts
  • 88 Pinsiders participating
  • Latest reply 1 year ago by curban
  • Topic is favorited by 6 Pinsiders

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    Topic poll

    “Buyers...is 'cash on the glass' ever a deal-breaker for you on local pickup”

    • No, cash requirement is never a deal breaker on a local purchase 174 votes
      94%
    • Yes, I might back out of a deal if the Seller requires cash 11 votes
      6%

    (185 votes)

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    #14 1 year ago

    Cash is how it's done. You don't like it go find someone else to buy from, I'd happily tell someone to walk if they balked at that.

    Only exception is if you're doing a long distance transaction and shipping, then it is what it is, and know who you're dealing with.

    #24 1 year ago
    Quoted from StoneyCreek:

    As someone who is about 2 hours from my nearest bank branch

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    Quoted from StoneyCreek:

    Perhaps in another 10 years people will come to learn that Zelle is a bank-to-bank wire transfer and be OK with it.

    I kinda doubt people really want a long electronic paper trail of all their pin sales.

    #43 1 year ago
    Quoted from Jodester:

    Chase makes you sign some IRS paperwork if you withdraw more than 10k in cash.
    I have paid and received money via Zelle for pinball machines and never had any issues.

    The new reporting law got delayed, but the way things are going you're going to have a lot more IRS issues with those Zelle payments in the future. Which is why I suggested not having a long electronic record of your sales.

    #60 1 year ago
    Quoted from galore2112:

    I’m convinced that if you survey people (not pinsiders, but the population in general)

    The general population, on the whole, are not particularly bright.

    13
    #80 1 year ago
    Quoted from galore2112:

    Neither are the people who think it’s a good idea to show up at a stranger’s house with so much money. It may not be a lot to you or me but for some it’s way enough to risk a violent crime.

    We've established that you're not going to be buying much pinball I think.

    Meanwhile I've been in the hobby for years, picked up and sold loads of games, both mine and for friends, and I don't even own a gun.

    Nobody I know in this hobby, and I know quite a lot, has ever been robbed trying to buy a pinball.

    Use a little common sense, and be a little less afraid of the world.

    #89 1 year ago
    Quoted from ForceFlow:

    It's happened once 3 years ago, but it's also the only incident I've ever heard of.

    Yeah, I mean shit happens. You could be hit by a car on the way to pick up a game.

    I don't live my life taking stupid risks (anymore, I was a teenager once) but I'm not afraid to leave my house.

    And really, when else can you feel like Pablo Escobar for a brief moment?

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    #122 1 year ago
    Quoted from bane:

    Can we agree that not being willing to transact in any manner other than with cash constitutes being a bit “afraid of the world”?

    Nope.

    #123 1 year ago
    Quoted from 27dnast:

    So why not trust a little and use electronic payment?

    First, there's a world of difference between "I know how to reasonably handle a cash sale without fear of armed robbery" and "this person might be petty or weird enough to try and screw with things when they're unhappy/regretful/drunk etc".

    Secondly, as I keep saying, this is actually the reasonable and smart take:

    Quoted from luckymoey:

    I’m happy to take electronic payment from people I know or well established Pinsiders for smaller transactions, maybe up to couple grand. But for larger ones I don’t want the Gov’t potentially getting involved in, or even knowing about, my pinball fun.

    I'm selling $1500 Tron toppers to people right now, through PayPal. Without a worry. I take electronic payments for all my mods. And I'm going to pay taxes on it all, my mods are a side business. The books are all legit and aboveboard.

    Me moving games in and out of my collection isn't business. I don't have receipts worth a damn for anything I didn't buy NIB, and have no desire to try and track that sort of thing once it's on record if I get audited, or the new reporting laws finally kick in on anything over $600 a year.

    That's not being paranoid, that's just common sense. When people start getting 1099-Ks for their pinball sales they're going to start thinking twice.

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