Another lame E-bay auction
08-07-2003, 10:22 PM
#1
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Another lame E-bay auction
Take a look at this auction - http://cgi.ebay.com/ebaymotors/ws/eB...category=31271
I was watching this, as it looked lie a great deal on a 24 Outlaw, especially with no bids. Look closely for the BS comment the seller added earlier today. Funny how the title of the auction still boldly states "No Reserve."
I was watching this, as it looked lie a great deal on a 24 Outlaw, especially with no bids. Look closely for the BS comment the seller added earlier today. Funny how the title of the auction still boldly states "No Reserve."
08-07-2003, 10:36 PM
#2
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I got really bad news for him. If someone bids 18,500 he has to sell for that. He did not set a reserve and if you get in at 18500 then there is a contract. I don't know what e-Bay does if he tries to pull out but he is offering it at 18500
08-08-2003, 05:41 AM
#3
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I'm not sure I understand the issue on the ad.... it doesn't have a reserve, however it does have a starting price. Usually a reserve is a hidden price, that usually you have to email the seller to ask what it is. The way I read it, the seller is only willing to let it go at the minimum of the selling price of 18,500. In my opinion, I don't understand the difference between a starting price and a reserve price other than one is visible and the other is not. Then again, a reserve does allow for lower bids which the seller can possibly consider as possible offers if the offers didn't hit the reserve. The minimum bid should buy that boat. Looks like the person has a good track record so far.
08-08-2003, 06:11 AM
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Originally posted by insptech
I got really bad news for him. If someone bids 18,500 he has to sell for that. He did not set a reserve and if you get in at 18500 then there is a contract. I don't know what e-Bay does if he tries to pull out but he is offering it at 18500
I got really bad news for him. If someone bids 18,500 he has to sell for that. He did not set a reserve and if you get in at 18500 then there is a contract. I don't know what e-Bay does if he tries to pull out but he is offering it at 18500
08-08-2003, 06:33 AM
#6
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Originally posted by Madcow
If you are working under the presumption that this is a contract, than just like any other contract you need to read the fine print, and the fine print says if you want this boat you need to pay $25,000. Seems pretty simple to me.
If you are working under the presumption that this is a contract, than just like any other contract you need to read the fine print, and the fine print says if you want this boat you need to pay $25,000. Seems pretty simple to me.
08-08-2003, 06:36 AM
#7
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e-bay will do NOTHING to enforce any contracts or any auctions, trust me
08-08-2003, 06:48 AM
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Originally posted by olysan
ebay might have something to say about the listing, as I think they charge a fee based on the reserve price.
ebay might have something to say about the listing, as I think they charge a fee based on the reserve price.
