EBay reserve not met

Don't forget also that it is very cheap effective advertising for both the car and the business - the listing fee is low and the quantity of likely viewers is higher than almost any other advertising medium - especially if the ad then gets discussed on a forum like this

 

It happens, I've done it several times.

 

interesting. i always think the high bid is under market for decent cars.

 

I saw this on Ebay:

http://cgi.ebay.com/ebaymotors/07-Ferrari-F430-Spider-F1-Daytona-s-Stitching-Ceramics_W0QQitemZ250222095503QQcmdZViewItem?hash=item250222095503

I contacted the seller to see if he could budge on the buy it now and they took $295
Remember, it has the CC brakes as a $16,800 option.
Not too sure if he had to pay a commission or not.
Eric

 

Auto auctions on eBay do not have commission charges.
There is a listing fee (usually $40)and there is a flat completed auction fee (usually $50) if the car sells.
I do agree, many (most) people use eBay for cheap advertising.
And, I never believe a very high bid for an item that has not met reserve,
I assume it's the sellers friends bidding to right below reserve....
Larry

 

You don't pay additional commission when you sell a car on ebay. It's a flat fee.

I do think many of the better cars are listed on ebay simply to advertise them, not to sell them through ebay.

Maybe to avoid paypal fees on deposits, but other than that, there's no additional cost associated with actually selling the car through ebay.

 

What if you buy on ebay, then you inspect and have ppi and now don't want it?

 

Welcome Aboard!

Looks like you made a fair deal on the 430.

Looks like the ammo business is better than I expected. I've been a customer and was thinking about making a purchase again soon (I've got a new toy to feed).

 

Great to hear from you and thanks for the business.
We sell 1.5 million rounds per week and a high of 2 million.
I think the 430 is going to be a keeper and not too sure how often the Lambo will see the light of day.
Gonna test the new LP560 in late May but love the look and feel of the 430.
Thanks again.
Eric

 

like buying anything else on ebay, your bid is supposedly a contract. the best case is you just get some negative feedback. the worse case is you get sued.

 

If you just don't want it, then you are on the hook.

If the item was misrepresented, then there is no contract and ebay supports this. However, you will need to show that the item was misrepresented significantly, not just a little bit.

 

Having personally bought a couple vehicles on Ebay, it was not so rigid in my cases.
Both times, I called the seller, and we agreed that I would ONLY have to pay if I
still wanted it after the test drive. No harm no foul. Most sellers respect that if
you have to buy a very expensive (i.e., purchased on short notice) airline ticket,
hotel room, meals, and rental car just to come look, you MUST be serious enough
to buy if everything works out.

But some sellers... yeah, a lawsuit could be in the offing

Jedi

 

Then you're screwed - you buy a crappy car and piss your money away, or you welch on the deal and have your aution credibility trashed...or worse. Some big-ticket sellers consider online auction bids to be a form of contract. Walk-out on a contract, and you might need legal representation. I haven't heard of it happening, but the fine print is posted for a reason....

For me, if someone is going to offer a car for-bid, and they're not being realistic regarding the car's value, then I see that as a sign of a mis-informed seller and I steer clear.

 

This hasn't been my personal experience on eBay. I've never actually "won" a car auction there, but I have been the high bidder several times, been contacted by the seller, and arrived at a satisfactory price; done the PPI, and NOT bought the car due to my own DD. Never been a problem. I'd guess others have had the same experience. I've been told by many auction "winners" of similair situations. I've never heard of anyones Auction credability" being trashed, due to a bad PPI, (but the sellers could be).
There seems to be somewhat of an "eBay-Phobia". Many folks spreading rumors about cars for sale on eBay, even referring to them as "ebay cars". They're just used cars for sale. Do your own DD, as you would for any other purchase.