Ebay Question and Help

wisemen

wisemen

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Nick
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Even though I buy occasionally on ebay, I'm new to selling on there and I have a queryfor those who have selling experience.

I've finally admitted defeat and realised I don't have the time, or the inclination, to keep my Lambretta on the road and as such have decided to sell. However, for the life of me I cant work out what the charges to me would be.

I'm quite happy to let an auction run its course but would like to set the start price at a realistic amount, say £500 or so. Not prepared to watch it creep up penny by penny from .99p.

I would assume a final selling price would be around the 2k mark, but I wont be setting a reserve, I'm happy for it to find its own price. I want it out of my garage as soon as possible.

The best I can find for costs to me appear to be £8 insertion fee, plus final fees of £20 or 1% if over 2k. So I figure less then £30 assuming it goes for under 2k.

Now this seems cheap to me, especially when I hear all the horror stories about ebay fees. Am I missing something???

Sorry for the question but approx 1.5% seems quite a small amount if it sells for my rough guess. I cant help but think I am missing something obvious.
 
Use buy it now with best offer

Cheaper than straight auction, set it at what you want for it and consider any offers that come in as well

Reserve price is very expensive and can be off putting to buyers, get it to finish Sunday evening which by all counts is the best selling time and make sure you have good pictures of the actual item

Rough estimate if you start at £500 and end at about 2 grand, the fees including insertion, final value and paypal would be about 90 quid
 
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Ahhhhh forgot about the paypal fees. Rich, it looks to me that a buy it now adds an extra £2.99 to the listing price. I dont want to set a reserve, I'm happy for it to find its own price. Can I 'dodge' some of the paypal fees by asking for cash on collection with maybe a paypal deposit? Seems most that are for sale ask for this.
 
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wisemen said:
Ahhhhh forgot about the paypal fees. Rich, it looks to me that a buy it now adds an extra £2.99 to the listing price. I dont want to set a reserve, I'm happy for it to find its own price. Can I 'dodge' some of the paypal fees by asking for cash on collection with maybe a paypal deposit? Seems most that are for sale ask for this.
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you have to offer paypal as a full paying method but you can also list other ways of paying.. if you list that even though offered you dont want paypal.. then some miserable git who thinks they are clever will tell ebay and your listing will be removed.... happened to me :( so you might sell it and get paid the full amount through paypal
 
I'd watch eBay fee's they are never as you expect. I sold my GSXR on eBay about 6 months ago. Only went for £700 but £30 final fee (just over) + listing fee.

£190 Take That tickets had a final fee of £20 also. So i'd add some more if I was you.
 
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If you go through the listing process, just before you actually list it, it tells you exactly what the fees will be. You can then edit the various buying types/auctions/BIN etc and see what the price difference is. The only thing it doesnt tell you is the paypal fee.
 
Many people want to use paypal for the protection which is fair enough, if you start it at 500 quid, would you be happy to sell at that?

Could get lucky and get a couple of bidders push the price up or just be a bum week and it sells for a lot less than you want

Still reckon BIN with offers is the best bet, no need to even have it as a regular auction and sure its cheaper that way
 
Bloody hell it is 10% now, they must have put that up when people realised BIN was a cheap option, looks like straight auction then with high'ish start price.

Well spotted Nicholas
 
Vehicle sales are a little different as far as I am aware. I have sold 2 cars on eBay and did not have to accept or even offer Paypal as a payment option either time.

Cash on collection is fine.
 
http://pages.ebay.co.uk/help/sell/motorfees.html this should tell you exactly what you will pay. Also consider autotrader.

And you don't have to offer paypal for cars - in fact you shouldn't for security reasons. They may claim they have not received the car or papers, and will seek for reversal. Cash or BT is the only way with cars, but still be careful, meet in daytime, and go to the bank.
 
I actually sold my car on ebay yesterday. Fvf was £35 for a £5245 sale. The listing fee was around £15 which included a subtitle and supersize pictures. I started the auction at 99p with a £5k reserve.

I also had the car on autotrader for 3 weeks that cost £44 and all I got was relentless spam emails and phonecalls.
 
TCR4x4 said:
I actually sold my car on ebay yesterday. Fvf was £35 for a £5245 sale. The listing fee was around £15 which included a subtitle and supersize pictures. I started the auction at 99p with a £5k reserve.

I also had the car on autotrader for 3 weeks that cost £44 and all I got was relentless spam emails and phonecalls.
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How does that work then? :cuckoo:

If you have a reserve of 5K then that is what your auction would start at, not 99p

I recently sold my car on Auto Trader 2 weeks web + 2 weeks mobile + 1 week in the mag total cost at the time about £17 - had two people call and not turn up, 1 person turn up and not buy and another person turn up and buy the car at asking price - all in the space of 3 days

It is all down to personal choice at the end of the day but out of the two I would go for Auto Trader
 
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No, the reserve is what the miniumum amount you will let the car will sell for. You can start the auction at anything you like. By listing the car with a starting bid of £5k, you are kind of setting your own reserve, but in the process, you will loose bidders and also it costs more to list at higher prices.

You start the auction at 99p, it gets bid up to say £4900 and the auction ends, the car doesnt sell as it didnt meet the reserve.
You do the same but the car goes over the £5k reserve, the car sells.

Thats how it works at any auction, not just ebay.
 
Keith W said:
I recently sold my car on Auto Trader 2 weeks web + 2 weeks mobile + 1 week in the mag total cost at the time about £17 - had two people call and not turn up, 1 person turn up and not buy and another person turn up and buy the car at asking price - all in the space of 3 days

It is all down to personal choice at the end of the day but out of the two I would go for Auto Trader
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They want more like £40-50 from me. How did you get it that low?
 
daugirdas said:
They want more like £40-50 from me. How did you get it that low?
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Same, £44 for that package. I know, Ive had to pay for the blasted thing twice in 3 weeks. :razz:
 
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We use the classifieds version on a fixed price but we fix it so no pay pal etc can be used or buy it now as people mess around too much that way you only get stung for the insertion fee and not any charges we have sold a few bikes from that way and works well
 
Thanks for the pointers everyone. Will have a think over the next few days.
 
How about Scootering magazine's website......I'm fairly sure you can put a classified ad on there for nothing.

I'd really worry about putting it on ebay without a reserve.

How funny, my first post on this forum and it's about scooters rather than photography!

Good luck with the sale, shame you have to get rid of it.
 
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