Best day/time for starting eBay auction
Best day/time for starting eBay auction
Author
Discussion

carreauchompeur

Original Poster:

18,321 posts

233 months

Saturday 2nd July 2011
quotequote all
Folks,

Last "Buy it now/best offer" auction for my RX8 failed to attract any attention, so I'm going to see what a no reserve auction yields...

What's the consensus about the right time/day for it to finish? Bearing in mind with most auctions there is a "flurry" towards the end.

I need to be able to pull it if the auction's still at silly money with an hour to go, so this may have a bearing too smile Would be a bad situation to be stuck at work and the car set to sell at a grand hehe

supertouring

2,228 posts

262 months

Saturday 2nd July 2011
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Start it at the least you will take for it rather than starting it too low and pissing everyone off by pulling it part way.

Sunday evening is usually good, but not while TG is on.

TomJS

980 posts

225 months

Saturday 2nd July 2011
quotequote all
Most of your bids will be in the last 5 minutes, not before the last hour.

Thursday night is good, as everyone is in and bored. Avoid the corrie/eastenders slots.

carreauchompeur

Original Poster:

18,321 posts

233 months

Saturday 2nd July 2011
quotequote all
Fair play, Thursday's a good call. The trouble with starting the auction at quite a high price means that you don't get the bidding wars developing... At least if I get some interest and get half-close to a decent price and I have to pull it then it's a starter for negotiations hehe

The trouble I have is that it has a few faults, honestly described but still there so might not find favour...

MarJay

2,180 posts

204 months

Saturday 2nd July 2011
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carreauchompeur said:
Fair play, Thursday's a good call. The trouble with starting the auction at quite a high price means that you don't get the bidding wars developing... At least if I get some interest and get half-close to a decent price and I have to pull it then it's a starter for negotiations hehe

The trouble I have is that it has a few faults, honestly described but still there so might not find favour...
Who cares if you get a bidding war developing if you get the right amount of money for the car? Sure, there'll be a bidding war if you set no reserve, but it'll be a bidding war because the price is ridiculously cheap.

Don't be a fool, put the starting price at the very minimum you would accept for the car.

shakotan

10,862 posts

225 months

Saturday 2nd July 2011
quotequote all
supertouring said:
Start it at the least you will take for it rather than starting it too low and pissing everyone off by pulling it part way.

Sunday evening is usually good, but not while TG is on.
99p, no reserve, attracts the most bidders.

I've seen cars start at £3000 receive no bids, and the same car listed at 99p no reserve bid to over £5k.

I always list at 99p, no reserve. If it sells low, it wasn't worth what you were expecting to get for it. Simple.

Honk

2,005 posts

232 months

Saturday 2nd July 2011
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I've read or possibly imagined so that Sunday evening c 2000 hrs is the time to end an auction.

mikeyr

3,395 posts

222 months

Saturday 2nd July 2011
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carreauchompeur said:
I need to be able to pull it if the auction's still at silly money with an hour to go
Then set a reserve, the point is you want to auction it and get lots of people interested. To pull it just before the end is taking the piss in my opinion frown so either put a reserve on or man-up. Besides most of the bidding is generally in the last few minutes!

Have you seen what price other .99 starting bid RX8s go for? That should give you a fair idea of the price you'll get. You'll probably get some requests to buy it now too.



supertouring

2,228 posts

262 months

Saturday 2nd July 2011
quotequote all
shakotan said:
99p, no reserve, attracts the most bidders.

I've seen cars start at £3000 receive no bids, and the same car listed at 99p no reserve bid to over £5k.

I always list at 99p, no reserve. If it sells low, it wasn't worth what you were expecting to get for it. Simple.
I think that is fine for some items, but putting a car up for a 99p I think gives out the wrong message.

However, in this case I think your last statement is the best advice on this thread.

anonymous-user

83 months

Saturday 2nd July 2011
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A 10 day auction ending around 8pm on Sunday is ideal. This gives two weekends for people to view. No reserve with a 99p start if you dare.

Edited by anonymous-user on Sunday 3rd July 09:30

MikeyBe

123 posts

184 months

Saturday 2nd July 2011
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Doesn't matter what time you start it, but ensure it ends at around 11.30pm - 11.45pm on a friday - lot of people come from the pub and all sensibilities go out the window that time of night...

GilbertGutbucket

663 posts

192 months

Saturday 2nd July 2011
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Avoid auction ending times concurring with big TV screened sporting events and as has been said before avoid big Soap story lines etc.

Time your items to end when you think most buyers will be online, evenings/weekends. Also, Friday afternons fetch good prices as many workers scan the internet then.

Hth.

GilbertGutbucket

663 posts

192 months

Saturday 2nd July 2011
quotequote all
MikeyBe said:
Doesn't matter what time you start it, but ensure it ends at around 11.30pm - 11.45pm on a friday - lot of people come from the pub and all sensibilities go out the window that time of night...
True!

falkster

4,258 posts

232 months

Saturday 2nd July 2011
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99p no reserve is always a winner. I've sold quite a few in the last two years with the best result being this.
You've just got to hold your nerve because it may enter the last 12 hours a long way short of your price you had in mind but the last ten mins it will go nuts. Only one car I've sold didn't move in the last 10 mins - 08 plate corsa!

ch427

11,874 posts

262 months

Saturday 2nd July 2011
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Was watching the gadget show a while back and research suggested the best end times for an auction were thursday afternoons and sunday evenings.

Deluded

4,968 posts

220 months

Saturday 2nd July 2011
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I would say around 6pm Sunday evening. Most people just sitting around with not a lot to do so will browse the net. Perfect ebaying time.

eliters

130 posts

207 months

Saturday 2nd July 2011
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Just a thought,after 12 hours you cannot end an auction,so as said above best to set a reserve unless you have strong nerves!