If you did the transaction through PayPal you should get a confirmation email within 48 hours. If not I would call PP and ask them if there is a transaction still in transit. If they can't divulge that info then I would put it on the dealer to show you some sort of proof that the refund has actually taken place.
Remember, this is the same person that told you he had already placed the order so don't just take his word for it that it actually happened. Factual proof is what is needed for you to call the dogs off.
BTW wire transfers shouldn't take more than a day to complete......
John
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