Interesting Ebay Z3M Roadster

[Mr-P]

Very interesting Ebay sale of Z3M Roadster (blue) over the last few days.

As I had my car on Ebay for sale under the classifieds, I was watching other Z3M's with interest.

1 car that was for sale was a Blue car which started at 99p with no reserve. In the end it got bid up to £ 5,651 and sold.

I must admit I was surprised that it sold for that.

However today the car has been relisted by the same seller with a BIN of £ 7,000

On checking and IMHO the original item has been subjected to shill bidding. I hate the fact that this happens on Ebay.

If you want £ 7,000 for your car state that.

I feel sorry for the person who had the next lowest bid.

Sorry people RANT over.

 

[z3cade]

I would never sell a car on eBay by auction. Classified add only.

 

[Aceman]

Yes I have seen it too and noticed it had popped up again over the weekend. They kind of shot themselves in the foot really on that one although did it actually go for the full listing time or did the vendor pull it in the last minute to save the fees, I kind of suspect so.

Question is now that it has come out the vendor has done this would you deal with him/her as it is kind of a dishonest practice to be in.

 

[GazHyde]

Reserves are also bloody frustrating.

I always get annoyed when people put a reserve on, but don't give any indication of what it might be. If you know the reserve is £8k for example, and you only have £5k it would save you wasting your time. They have a car they want top dollar for, but the bidders have no idea that they would need to actually bid each other up to get close to that figure.

Watching cars that go through the real value, then get to forecourt pricing, but still haven't reached the reserve price is bloody frustrating to say the least.

 

[Mr-P]

Reserves are also bloody frustrating.

I always get annoyed when people put a reserve on, but don't give any indication of what it might be. If you know the reserve is £8k for example, and you only have £5k it would save you wasting your time. They have a car they want top dollar for, but the bidders have no idea that they would need to actually bid each other up to get close to that figure.

Watching cars that go through the real value, then get to forecourt pricing, but still haven't reached the reserve price is bloody frustrating to say the least.

Gaz there was no reserve on this car it was on sale from the first bid of 99p which makes it even worse.

It sold so the seller will have to pay the fees.

 

[GazHyde]

It sold so the seller will have to pay the fees.

Do fees still apply if a "buyer" never surfaces?

 

[Aceman]

And you can still cancel afterwards if both parties concent you just need a valid reason like item found faulty or not listed correctly.

 

[Boysie]

Reserves are also bloody frustrating.

I always get annoyed when people put a reserve on, but don't give any indication of what it might be. If you know the reserve is £8k for example, and you only have £5k it would save you wasting your time. They have a car they want top dollar for, but the bidders have no idea that they would need to actually bid each other up to get close to that figure.

Watching cars that go through the real value, then get to forecourt pricing, but still haven't reached the reserve price is bloody frustrating to say the least.

I agree say what do you want for it 'buy now' a bloody reserve is very annoying
I've lost out by £2 on not reaching a reserve, I now contact the seller and ask all this fuffing around, if I want it

 

[zedonist]

I just think it is a strange place to sell a car, especially with the fees, makes no sense

 

[oldcarman]

I've been watching ebay UK. For nearly a year now and there have been many shady deals gone down only to reappear again and again, sometimes with the same seller and sometimes with a new seller name only to return a month later with the original seller. Buyer beware!! Don't know if it's surfaced in UK but beware or the good deal where the seller is away and want you to send cash through the ebay/ paypal protection to a third party. They're all scammers. Had one here but being cautious I refused to send money sand called the RCMP fraud squad. It was the third Z3 scam in Canada that week. JIM

 

[Aceman]

Yes we get that scam here too all too often. It amazes me how people can be so gullible with this kind of scam why would you hand over a lump of cash without even seeing the car it is crazy.

 

[Brian H]

I bought both my zeds through eBay, both unseen, no problems at all. I paid a small deposit via Paypal and the rest in cash. My thoughts were that if I turn up and the car was not as described then I would walk away, the only thing I would lose would be travel costs. I must admit to agreeing with the comments above in regard to the reserve system though, if you put in a reserve of say £4000.00 on your item then eBay should not allow an auction to start at £0.99p.

 

[oldcarman]

Yes we get that scam here too all too often. It amazes me how people can be so gullible with this kind of scam why would you hand over a lump of cash without even seeing the car it is crazy.

Hi Aceman, and then again that's just what I'm doing. But, I've been communicating with this seller for 5 months now and I'm pretty confident the car is as advertised and is there. The seller has been kind enough to install parts that I've had sent there and send update pics whenever something gets done. You just have to be carefull. JIM

 

[miller1098]

I bought both my zeds through eBay, both unseen, no problems at all. I paid a small deposit via Paypal and the rest in cash. My thoughts were that if I turn up and the car was not as described then I would walk away, the only thing I would lose would be travel costs. I must admit to agreeing with the comments above in regard to the reserve system though, if you put in a reserve of say £4000.00 on your item then eBay should not allow an auction to start at £0.99p.

I've sold hundreds of lots at auction always start well below the reserve .Sometimes I will stand buy the auctioneer and if there is only one other bidder I'll give his foot a kick to increase the bidding as much as I think I can get away with.As a producer most of the stuff I sell is at trade and is liable to market fluctuation ,and I have to make as much as I can to stay in business .All of the things I need to produce stuff is bought at RETAIL

 

[oldcarman]

Hi, could you please explain give his foot a kick, not a term we use in Canada. As a seller how often do you get bids that exceed your reserve and how often is it not met. I've been thinking of selling but just what is the best way to list has held me back. I understand that you pay retail and therefore costs are higher especially if you only produce small runs of product. JIM

 

[miller1098]

Hi, could you please explain give his foot a kick, not a term we use in Canada. As a seller how often do you get bids that exceed your reserve and how often is it not met. I've been thinking of selling but just what is the best way to list has held me back. I understand that you pay retail and therefore costs are higher especially if you only produce small runs of product. JIM

By giving the auctioneer a kick ,in effect I am bidding against the other bidder the trick is in judging how far you can push it without being the last bidder you have to take the risk that you might end up with it and dependant on your cash flow that could be a problem.

 

[t-tony]

I recall a recent conversation regards buying a viewing a car which had a short mot. I suggested the buyer offered to pay for an mot to give him peace of mind(max £54.85). If the car failed badly you just "walk away" having only invested the cost of the test. I don't see any difference. Incidentally I bought my car off eBay and went to view it and drive a few days before paying for it and driving it home.

 

[oldcarman]

By giving the auctioneer a kick ,in effect I am bidding against the other bidder the trick is in judging how far you can push it without being the last bidder you have to take the risk that you might end up with it and dependant on your cash flow that could be a problem.

Hi Miller1098, I'm missing something here. Are you the seller or buyer in this situation? I'm confused! JIM

 

[miller1098]

Hi Miller1098, I'm missing something here. Are you the seller or buyer in this situation? I'm confused! JIM

Sorry it's difficult to write .usually I'm the seller, and have to sell ,but I don't want my prospective bidders to know how desperate I am to sell. Never tell your reserve but value your product realistically .Most folks overestimate their stuff,buyers don't care how much you paid for it or how much you put into it ,only to brag to their friends later how they had a bargain.More often than not it's a buyers market and if you are prepared to wait you will get things at a reasonable price.How long are you prepared to wait to get what you want

 

[oldcarman]

Thanks, now it makes sense, but I didn't think seller were allowed to bid on their auctions. Please correct me if I'm wrong. Dependant on how soon I need something dictates my bids. I make sure that I've researched the availability, prices and ask for costs to ship if not listed first, decide what my top bid will be and very seldom will go over that no matter what. Sometimes I'm successful and a lot of times not. I personally don't agree with reserve prices or starting auctions at .99 either. Everyone's circumstances differ and that makes things interesting. Good luck, JIM