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Reply to "Do people use Venmo to buy used cars?"
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[quote=Anonymous]I sold an old car for $2K last year and the buyer paid me via PayPal. Venmo has no seller or buyer protection. A big Venmo scam is for someone to initiate the Venmo transaction, but then cancel it before the money officially settles in your account. Further, PayPal specifically excludes motorized vehicles from buyer or seller protection. In hindsight, I should've just done a cash transaction or a cashiers check from a bank. [/quote]
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