(Topic ID: 236431)

Refund deposit or not?


By Jaymach1

11 months ago



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  • 122 posts
  • 78 Pinsiders participating
  • Latest reply 11 months ago by Zavadoza
  • Topic is favorited by 2 Pinsiders

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    #36 11 months ago

    Alter the scenario a little bit. Instead of borrowing a vehicle, you had to go rent one instead. You would be out $50.00-$60.00-$70.00 for trunk rental. Does not matter if your plans changed. You would have the trunk overnight. The trunk would have a full tank of gas so you cannot count that.

    THe family member, is not a jerk, will probably pay you for the gas you put in.

    You are out the trunk and your time. If you feel like you want give him a refund, give him $50.00 and call it good. As others have noted, a deposit is a good faith offer. You took down your ad but if you had left it up you may have had another buyer on the line.

    #97 11 months ago
    Quoted from Whysnow:

    If that is the case, then I would pull the funds from your account to atleast put up an extra line of defense.

    If you have a verified account with Paypal, you have authorized Paypal to dip into your checking account. Just cleaning out your PP account will stop PP from coming at you. You would have to zero your bank account, too.

    #113 11 months ago
    Quoted from YeOldPinPlayer:

    The risk is Paypal draining any connected account. If they assign a negative balance to the Paypal account you're not out a bunch of money while trying to sort things out.
    If you give a hoot about Paypal you can sort it out at your leisure.

    You know, if this transaction had been put thru as a sales item where Paypal would get its commission I would be proactive and contact PP and say what is happening with this good faith deposit and see just where I stand if the depositor is going to try for a refund. But since this is F & F I don't know how friendly PP would be with this type of action.

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