2002 4.5 Red Rose on ebay - no reserve
Discussion
Just been sniffing around on ebay and spotted this:
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&category=18308&item=2483648287&rd=1
no reserve, and currently sitting at £14,500 (as I write).
Does having no reserve on ebay mean that you must sell to the highest bidder, or can you just withdraw the sale if the price doesn't go high enough? If so, then what's the point in a reserve?
gixxer
>>> Edited by gixxer1000 on Saturday 3rd July 13:37
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&category=18308&item=2483648287&rd=1
no reserve, and currently sitting at £14,500 (as I write).
Does having no reserve on ebay mean that you must sell to the highest bidder, or can you just withdraw the sale if the price doesn't go high enough? If so, then what's the point in a reserve?
gixxer
>>> Edited by gixxer1000 on Saturday 3rd July 13:37
TVR SLag's BiL said:
It has been for sale on eBay before. I suspect the guy now really needs the cash, why else would someone sell a car on eBay?
Is it just me or does the rear number plate look different?
On the later cars (don't know when it was introduced) the rear plate is angled in at the top, so that you can use a standard plate. So rather than being rear lit, they are top lit (like a normal car) - does that makes sense ?
_dobbo_ said:
If you have no reserve on ebay and the price doesn't get to what you want, couldn't you just get a friend to bid higher so they win the auction, and you don't bother then completing the sale?
Dont think so because im sure ebay demand a 5% cut of the sale price or something???
dobbo said:
If you have no reserve on ebay and the price doesn't get to what you want, couldn't you just get a friend to bid higher so they win the auction, and you don't bother then completing the sale?
you could do this but it is against eBay rules - it is known as shill bidding but is difficult to prove though
You could always cancel the auction at the last minute, although a lot of people do bid in the dying seconds so you may have ended up selling it at a decent price.
Ebay is a funny one when it comes to selling cars. The cost is actually quite low - around he £40 mark of the top of my head if it sells. Most people seem to put cars on setting their reserve at mid range auto trader type prices and they never get there. Cars with no reserve do tend to attract the bids - I have seen some go for relative bargains and then a few go for more than you could get a couple of examples from Autotrader buying privately. I think some people get into a bidding frenzy which is great if you are a seller.
My other half has a clothes shop and also sells stuff on Ebay and it is a very handy additional sales outlet. I have bought and sold the odd bit of stuff in the past and never had any problems.
I am selling my Alfa 156 on there this Friday and have no idea how it will go - it will be an experience.
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