My recent experience in PayPal dispute

Bombaywalla, I am comfortable with bank transfers and certified checks although with certified checks I would be more vigilant. Feedback for an individual is a good indication of their integrity and I always prefer to communicate over the phone with a buyer/seller if high dollar transaction is involved. I have used PayPal on many occasions without problems but I would be especially careful if you're the seller and high dollar is involved.

Many thanks for all of your feedback.

In my case, I received his first email about the problem a couple days before my Europe trip, and I forgot to respond to him before I took the plane. Then, I got another email a few days after I arrived in Europe. It was about five months after I sold the amp.

I had a limited access to the Internet in Europe, and I told him that I could not help him for the problem he had -- the biasing problem -- and suggested him to try new tubes.
Then the buyer sent me an email and said how disappointed he was about my response, and went for a dispute with no further discussion.
So, apparently he seemed to have expected more help from me. Had I had more knowledge in biasing (the amp is self biasing), and had I had a better Internet connection, I might have tried to be more helpful, but as a matter of fact, I could not give any more helpful advice than changing tubes. If changing tubes did not work, then I might have advised him to contact the manufacturer.

The amp functioned just fine before I sold it, and that may be why I did not hear anything from him until five months had passed. Anyway, I felt sorry for him that the amp started acting up, but it was beyond what I could do for 20 year old used power amp five months after it was sold.
Also, I had no knowledge of how the amp was used or abused by the buyer for several months, and there was no way that I would accept the return.

I had a Michigan Ebay buyer tell me that a 9/10 perfect ARC preamp I sold him might be going to need a part _in the future_ because he could hear relays click during the warmup process. This as most of us know is normal, and mentioned in the manual. I had the exact same preamp in my other system, and they both worked identically (No, both of them weren't broken). He said three hundred dollars would resolve the problem, and he said he had his local dealer look it over, and that was what they wanted to replace the part that wasn't yet broken, but "might fail in the future".

I told him I was wise to the scam, and to return it for a refund, as I wasn't falling for it... and I'd rather deal with honest people. Then he decided to keep it, but left no feedback... And I deserved a "rave" positive, that pre was perfect in every way.

You really are more vulnerable as a seller than a buyer.

Paypal...necessary evil many times unfortunately; I've had to use it many times which have gone well but there is always that threat of the buyer coming back with some bollocks months down the road. They also take a long time (several days) to route money to you claiming (as they have with me via phone), that it is not their fault and it about clearing times through the FR on the disbursement of funds. Please note the same linkages and paths between the banks through the FR are used to pull money from an account and conveniently seem to work faster than when they have to disburse money from PP into your account. A cynical person who has worked much of their career with the financial markets and many FSI customers including the federal clearing related entities and settlement houses might conclude they are also 'playing the float' on the funds as a rather high percentage of possibility...same with Bombaywalla's experience while that $8K was sitting in their possession.

I'll have to check out Direct Merchants (pointed out by Czarivey above).

Wire Transfer and Certified Checks have their perils too (mostly because recourse is limited in the event of fraud once the funds have moved out of an account).

It all comes down to whether we are dealing with a scumbag on the other end of the transaction. I had one nightmare transaction spanning December 2014-early February of this year that was costly but was not PP-related. Also had one in the last couple of years where the user came back several months in and claimed a working unit had issues after not hearing back for almost all of the first 3 months after shipment was received and then freight-forwarded somewhere else that was a pain to resolve but eventually did get resolved.

I forgot to mention in the 2 problem transactions I cited above, that in the case of the 1st costly one, I was the buyer and the second I was the seller.....