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-   -   What are Vendors Thinking?? (WTF) (https://www.lateral-g.net/forums/showthread.php?t=35594)

Sparks67 02-19-2012 12:49 PM

Quote:

Originally Posted by John510 (Post 396442)
If the vendor wouldn't do credit card and instead wanted a wire transfer that right there should be a huge red flag.


Post the name of the vendor!!!!

Lot of vendors and manufacturers won't do Credit Card, but it costs the business to have credit cards. So it really is not a red flag. My supercharger required me to buy directly from the manufacturer. Harrop is the manufacturer, and it required me to do a International bank to bank wire transfer. The company is located in Australia. That company was great to deal with because they developed custom parts for me. Turn around time was 3 weeks. That company continued to work with me after the engine was completed...

I am not sure though if Yenco is meaning C...C. as certified check or credit card. Don't do Certified check, because it takes about 3 weeks to clear. Credit card be useless because the sale was back in October. Well, it depends if he carries a balance.

Jeff

John510 02-19-2012 02:18 PM

Quote:

Originally Posted by Sparks67 (Post 396527)
Lot of vendors and manufacturers won't do Credit Card, but it costs the business to have credit cards. So it really is not a red flag. .

A Legitimate company will take a credit card. Does it cost 2-3% in fees? YES. A smart business can either add that in their cost of the product since its overhead or charge the customer to use their card. The businesses that only take cash are usually the ones that are hiding stuff from Uncle Sam.

Now Im not sure how an international order would work. Maybe in Australia they cant take our cards?

Simmo 02-21-2012 01:34 AM

Quote:

Originally Posted by John510 (Post 396539)
Now Im not sure how an international order would work. Maybe in Australia they cant take our cards?

Not sure either...but it certainly works the other way around!..mine's still smoking lol

Sparks67 02-21-2012 05:53 PM

Quote:

Originally Posted by John510 (Post 396539)
A Legitimate company will take a credit card. Does it cost 2-3% in fees? YES. A smart business can either add that in their cost of the product since its overhead or charge the customer to use their card. The businesses that only take cash are usually the ones that are hiding stuff from Uncle Sam.

Now Im not sure how an international order would work. Maybe in Australia they cant take our cards?


I have used my Credit Cards all over the world, but some companies don't do credit cards. So you don't think this is a legimate company?
http://www.harrop.com.au/auto.php

The cool thing about buying in Australia is the exchange rate. Well, the rate changes daily, so it cost less for me. So if you used a CC, then that 3% might end up being around 13%. Although, the safe way to transfer money is to do a bank to bank wire transfer.

Jeff

Greg from Aus 02-21-2012 07:02 PM

Quote:

Originally Posted by Sparks67 (Post 396940)
I have used my Credit Cards all over the world, but some companies don't do credit cards. So you don't think this is a legitimate company?
http://www.harrop.com.au/auto.php

The cool thing about buying in Australia is the exchange rate. Well, the rate changes daily, so it cost less for me. So if you used a CC, then that 3% might end up being around 13%. Although, the safe way to transfer money is to do a bank to bank wire transfer.

Jeff

Not any more the exchange rate has changed a lot we are now worth more than the US dollar.

Greg

Sparks67 02-22-2012 08:18 PM

Quote:

Originally Posted by tonner (Post 396946)
Not any more the exchange rate has changed a lot we are now worth more than the US dollar.

Greg

Yes. I see according to the historic graph. It was in 2009, but it was rather good time to buy international during that time. X-rate just gives you an idea, but it will also vary on the Australian bank. I know Frank from Prodigy customs was buying engines from Australia, because of the exchange rate was so low in 2009.

http://www.x-rates.com/d/USD/AUD/hist2009.html

Jeff

Greg from Aus 02-22-2012 10:21 PM

Quote:

Originally Posted by Sparks67 (Post 397179)
Yes. I see according to the historic graph. It was in 2009, but it was rather good time to buy international during that time. X-rate just gives you an idea, but it will also vary on the Australian bank. I know Frank from Prodigy customs was buying engines from Australia, because of the exchange rate was so low in 2009.

http://www.x-rates.com/d/USD/AUD/hist2009.html

Jeff

It's great for us at the moment Jeff, and they say it should be for quite a while.

Greg

69znc 02-25-2012 11:15 AM

So What is the Update?
 
Yenko did they return the money? Did you go to your bank to giet the wire transfer instructions and confirmation of receipt? Again just because he is refunding thru PayPal your challenge will be to prove transfer (easy with a wire) and get your money or sue (for $7000 I would have already filed)

camcojb 02-25-2012 11:17 AM

I'm going to close this one for now, the OP hasn't been here for over a week. The vendor of issue is not a site vendor here. Wes, if you have anything to add let me know.


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