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I bid on a used stock exhaust header for my 2010 Limited and won. The item sold for $50 with a shipping cost of $42.09. I sent payment via paypal within 5 minutes of the auction closing. This was yesterday morning about 8:45 am. I had not heard from the seller, so I went into my account on Ebay and it showed that I still needed to make payment. I went back to my paypal account and it showed payment went to the seller, they received it, and then they refunded the payment back to my account with no explanation. I contacted paypal and they told me that my funds would be in the paypal account at the earliest on Wednesday, most likely on Friday. I could then use the funds out of paypal or request it be refunded to my personal account which will take an additional 4-5 days. I sent an email to the seller to find out why they refunded the payment, but have not heard back yet.
I would just bid on another one if there was one available, and the funds are not available to be used if I find one somewhere else for at least 6 days. I would at least like an explanation from the seller,
Ebay did tell me that if they did not reply to me within 48 hours I can file a dispute with them. This could result in them being removed from Ebay. I dont want to go that route, just want to know what happened, and why no explanation. I was going to gut the cat on this one and keep mine in case I need it for future issues. I guess I will just get on the list with Fuelmoto when I get a little more cash set back.
I had a problem like that. It took 5 business days before my money was back in my bank. Paypal uses a Federal Reserve bank. All money transaction are done through the Federal Reserve and not Paypal. The Federal Reserve is drawing interest on your money, no matter how short a time it sits in there bank.
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