topic Layby - How do you do this? in Selling

Layby - How do you do this?

musiclover70s — Thu, 19 Feb 2015 01:52:09 GMT

Hi,

I have just had a buyer requesting to layby an item I have for sale.

I would like to know if any other sellers do or have done this and how I go about it.

Kind regards

Re: Layby - How do you do this?

whiznumber6 — Thu, 19 Feb 2015 02:37:07 GMT

eBay US has it, Australia doesn't. eBay Australia says it's due to various Australian laws and regulations (presumably, an agreement has to signed by both parties).

You could offer installment payments as part of the item listing; but I doubt you'd be able to invoice via eBay if you did - you'd have to either invoice via PayPal, or just hand over your bank details to the buyer.

I'd avoid it - if seller and buyer are both of good conscience, no problem. If one isnt - big and potentially ongoing problem...

Re: Layby - How do you do this?

phorum_junkie* — Thu, 19 Feb 2015 04:20:45 GMT

I have done it before, I made it very clear that they had to pay a percentage straight away and that the payment was non refundable and then they had to pay $xx per week until the payment was completed (all within 4 weeks max)

It is pretty safe for the seller as there is no buyer protection for items not paid for in one go.

I haven' had anyone ask about it for years now.