Ebay Car Auctions: On The Level? | FerrariChat

Ebay Car Auctions: On The Level?

Discussion in 'Ferrari Discussion (not model specific)' started by fenzoman, Dec 2, 2008.

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  1. fenzoman

    fenzoman Karting
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    On the 360 board a poster who recently ran a no reserve auction admits it was not on the level, perhaps in several ways. Someone "pinged" towards the end in an attempt to raise the price, the dealer buyer can't pay for it and offers to resell at a profit if people who made higher offer earlier in auction just come forward..... bottom line seems to be that earnest bidders got screwed. Then moderator closes thread when others note the fraud!


    Common or not?
     
  2. henryr

    henryr Two Time F1 World Champ
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    i've read about "pinging". i do not know that means but it was me who was bidding the car at +$1 increments.
     
  3. Ricambi America

    Ricambi America F1 World Champ
    Sponsor Owner

    I read the thread (and followed the auction too). To me, it is the disgrace of eBay which once again rears its ugly head. Moreover, how can a "dealer" be unable to pay? Crap, or get off the pot.

    Sorry for being so blunt, but if I were Tom, I'd be livid.
     
  4. UroTrash

    UroTrash Four Time F1 World Champ
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    I assume you mean TomF-1, the legit bidder, not Tom Atlanta the seller.
     
  5. badges2

    badges2 Formula 3

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    The actual term is "shill bidding". This will get a person tossed off eBay pretty quickly. Basically it's the bidding up of an auction with the intent of raising the final purchase price and not actually buying the item. Hopefully, the guy's bogus shill bid won the auction and he gets stuck with the fees for the final sale price!
     
  6. opus10583

    opus10583 Formula 3

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    Common enough that honest people don't trust eBay.
     
  7. 62 250 GTO

    62 250 GTO F1 Veteran

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    True.
     
  8. teak360

    teak360 F1 World Champ

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    The moderator should not have closed the thread.
     
  9. opus10583

    opus10583 Formula 3

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    F-Chat may have legitimate concern over liability, as elements of the thread could be construed as having facilitated or fostered shill bidding.

    Closing the barn after the cavalino has bolted, surely, but limiting all the same.
     
  10. ducowti

    ducowti Formula 3

    Jan 27, 2008
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    Very common. I assume damn near every bid - for car or other - from bidders having >2 or 3 ebay transactions that are placed earlier than the closing hours of an auction are shill bids. Why else (excepting noobs who don't yet know the game or bidders who won't be around to bid the close) would someone bid in the 1st few hours/days of an auction?! :confused:
     
  11. fenzoman

    fenzoman Karting
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    No, they shut down the after the fact thread too. Why? Protect a sponsor or buddy would be my best guess because these are important discusssion and the community here should know what's going on out there.

    The seller continues to BS or is the most naive Fcar owner on the planet. Come on, I think you have to be able to read contracts if you've been through an Fcar purchase. The guy thought some high bidders would come in at the end and when they didn't he simply tried to get more. Seller's remorse anyone? You know, playground behavior, I didn't win this game so now I'm changing the rules.

    Everyone should ban used car "dealers" from their future auctions, sounds like they found a new game for new economic times. Frankly I'm thinking Tom won't even end up with $100K at this point because his car is depreciating by the hour
     
  12. E60 M5

    E60 M5 Moderator
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    Dude, are you going to make it or do I need to get you a therapy session?? Never closed to protect a sponsor or buddy. There were 3 pages of responses and a explanation was given. The car was sold.

    Robert
     
  13. opus10583

    opus10583 Formula 3

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    #13 opus10583, Dec 2, 2008
    Last edited: Dec 2, 2008
    That the car has sold is not unambiguously clear, and the conduct of the auction continues to be a subject worthy of discussion.
     
  14. fenzoman

    fenzoman Karting
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    #14 fenzoman, Dec 2, 2008
    Last edited: Dec 2, 2008
    The excuse offered was total BS. Why stop the discussion? Clearly it's not policy to lock threads after cars sell because I can't find another where it's been done.

    See you guys, I expect to be banned shortly as I was a few weeks ago for "only posting about prices going down." I post on a lot of boards and have never seen such sensorship before.
     
  15. Juice It

    Juice It F1 Rookie

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    That car is far from being sold until it changes hands. I agree it is a worthy topic to discuss especially since people here were interested in purchasing it and the seller himself had a thread here marketing it. I don't see a problem with healthy discussion.
     
  16. teak360

    teak360 F1 World Champ

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    #16 teak360, Dec 2, 2008
    Last edited: Dec 2, 2008
    This is not a legitimate response, an any way.
     
  17. fenzoman

    fenzoman Karting
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    It's the rare thread on Fchat that ever gets to 3 pages, much less 3 pages in a few hours. You would think the signal this would send to the powers that be is that it's a topic of great interest to the community.
     
  18. SonomaRik

    SonomaRik F1 Veteran

    #18 SonomaRik, Dec 2, 2008
    Last edited: Dec 2, 2008
    Why the discussion over a closed thread, when this thread had really nothing to do OP's Fchat's administration.....

    So, in response to keep it on track:

    1. yes common enough that I always don't trust certain auctions and I have bought many large ticket items to include several cars and art works.
    2. ebay should do something, but probably will not. It as it kind of is an accepted norm and what makes ebay, for all it's 900#'s of clout, such a topic of hatred: think Microsoft.
    3. we all know: That's worse than ebay.
     
  19. E60 M5

    E60 M5 Moderator
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    Mark,

    I spoke with the seller over the phone and was told the car was sold. Worthy?? What does that mean really?? If, in fact this is (was) a sham sale what can any of us really do about it and why worry so much about the outcome. Were you an interested buyer? From what I am hearing if it were true, this happens frequently and Ebay does nothing. Apparently they hand out 14 day sale bans.

    On the other end the seller will likely not be selling another Ferrari any time soon. I guess I am more interested in moving on then worrying about an Ebay sale. What more would you like to see happen? You have stated your feelings and I know mine.

    Robert
     
  20. fenzoman

    fenzoman Karting
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    #20 fenzoman, Dec 2, 2008
    Last edited: Dec 2, 2008
    Gosh, now we have the moderator talking to the seller on the phone before closing the day's most popular threads. Why does your opinion on the situation matter Robert, other to state it like any other poster? The fact is you are trying to end a discussion many members of the community want to have. All seem to be in compliance with TOS. What exactly was your reason for closing the 2 threads? This plot just keeps thickening with all sorts of colusion not to mention bully tactics. Therapy session indeed!

    P.S. Robert, you seriously compromise the credibility of the site by trying to stifle subjects of your choosing. Banning me for discussing the fact that prices are falling? Aiding crooks? What can I believe here anymore if Big Brother is getting rid of any contentious threads?

    If you want to sensor, why not start with the dealers trying to talk up prices without identifying themselves as dealers?
     
  21. E60 M5

    E60 M5 Moderator
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    No bully tactics, just being fair. Actually, the original thread was closed by another mod and it was agreed at the end of the auction that original thread would again be closed. So I closed it again. The second thread was fast becoming a he said, she said and does not benefit the community:

    1.2 No "Trolling": Please do not post any topic that disrupts the peace and harmony of this community. Don't create meaningless threads with the sole purpose of starting a dispute. This includes messages in profiles and signatures.

    Contact the op, contact Ebay.

    My opinion does not matter and I am simple acting on this issue as a moderator.

    By the way feel free to fill out your profile anytime and share with us who you really are, how about that for a conspiracy.

    Robert
     
  22. fenzoman

    fenzoman Karting
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    #22 fenzoman, Dec 2, 2008
    Last edited: Dec 2, 2008
    Let's stay on topic. You have not told us why this topic is so upsetting to mods. There was no trolling going on, these were very relevant discussions about a topic that greatly effects the community. Many members took the time to post thoughtfully and it is clear the community at large wants to have this discussion. Further, it would be hard to deny these threads were BENEFITING the community.

    You have not offered a single valid reason for the actions the moderators took and I think the community deserves a real answer not to mention an apology.

    And Robert, you absolutely used bully tactics in suggesting I need therapy for wanting to get to the bottom of this fraud which effects community members who bid and all those considering participating in an ebay auction.

    I know moderators get things wrong on many sites, but when members call them on it most have the ability to think it through and change course.
     
  23. rome

    rome Rookie

    Nov 18, 2008
    26
    That thead-- and whether or not there was a bona fide sale at $100K-- was probably the most valuable data point on this whole site to assess current market value.

    far more imformative than the plethora of "specualtion threads" asking "what is this car worth?"
     
  24. BigTex

    BigTex Seven Time F1 World Champ
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    The word is "censor"...

    And if you have issues with eBay it should be addressed THERE not HERE...

    Shill bidding is costly to participants and most likely illegal it's definately frowned upon.....I didn't read the locked thread it's in discussion now what to do with it..

    Ungrounded accusations do no good, and some of these participants are known long time chatters....if you mess with TomF-1, he'll have his pet parrot bite the crap out of you..I have seen pictures.....

    Personally I would never buy a car off ebay, I like to look the guy in the eye, you know...I am buying one today that is currently on there but no matter.....
     
  25. SonomaRik

    SonomaRik F1 Veteran

    that is a better topic of discussion.

    OP: Please take your side topic on TOS to Police area or somewhere...you started a decent thread [even for your mantra], which could be well discussed, and now it is off topic.



    NOW: I suspect that sold value is NOT the market worth. Otherwise, ALL 360's would be within 10% of that and certainly such isn't the case.
     

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