eBay markup...

[coalnotdole]

I bought a cutaway model of a girling mk2a brake servo at the spring autojumble, it cost about £20 and after having it sitting around on my workbench all summer. I sold it on for ten times what I paied for it and thought I'd done well. However the bloke I sold it to thinks there's more money to be made....

 

http://www.ebay.co.uk/itm/201198839148?ssPageName=STRK:MESINDXX:IT&_trksid=p3984.m1436.l2649

 

I'll be shocked if he sells it mind...

[AldridgePrior]

He's not.shy.

[pshome]

nobody will buy this, doesnt even work....

[Lankytim]

Bloody hell, I could make one of those. Wheres my angle grinder?

[Mr Lobster]

Stupid if he really would send a £500 item by Royal Mail 2nd Class standard post though.

[Rusty_Rocket]

Chancers like that really irritate me. I've no problem with people earning money but whatever happened to doing an honest days work for your beer tokens?! Just leaves a nasty taste in the mouth I s'pose.

I think it's called 'the American dream'? 

[mercrocker]

Email links to your listing and his to his taxman.

[Pillock]

But isn't part of business all about taking risks and having bigger bollocks? What if it doesn't sell?

 

If anyone buys anything from me and sells it on at a higher price, fair play.

[garbaldy]

Email links to your listing and his to his taxman.

Oh and while your at it tell the taxman that you only paid £20 for it in the first place.

I don't see it as a problem you made money now he's trying, its human nature he may have to reduce it a few times before it sells anyway.

[Sigmund Fraud]

It's a well established fact that some people are willing to pay huge amounts of money for items that most others consider worthless. Have any of you even been to a modern art auction ?

[HillmanImp]

I can understand someone buying something in one market place, say a car boot sale and then moving it to another marketplace such as ebay for a large markup as you are offering the product to a whole new group who may well see the additional value and be inclined to pay more for it.

 

However the idea of buying something off ebay for 'x' selling for 'x times 2' to the same people seems crazy. Its like being at a car auction, buying the first car that comes through for £1,000 and then popping it back through 20mins later hoping it will make £2,000. Its pretty much not going to happen.

[They_all_do_that_sir]

I bought a cutaway model of a girling mk2a brake servo at the spring autojumble, it cost about £20 and after having it sitting around on my workbench all summer. I sold it on for ten times what I paied for it and thought I'd done well. However the bloke I sold it to thinks there's more money to be made....

 

http://www.ebay.co.uk/itm/201198839148?ssPageName=STRK:MESINDXX:IT&_trksid=p3984.m1436.l2649

 

I'll be shocked if he sells it mind...

 

Did you flog it to him on ebay?

 

If so, did you sell as an auction or buy it now?

 

If it was auction, and people bidded up to £200 then I would say that's what the market value is

[coalnotdole]

Just for the record I have no problem with him trying to get a profit on it.... Just amused that it had been marked up so far.

[Cavcraft]

Chancers like that really irritate me. I've no problem with people earning money but whatever happened to doing an honest days work for your beer tokens?! Just leaves a nasty taste in the mouth I s'pose.

I think it's called 'the American dream'?

Why though? Seriously like if he wants to burn money trying to sell something for more than its value, it's only him that's going to lose out.

Pointless being narked about it, if anything you should just LOL to yourself a bit and move on to the next eBay listing.

[jonny69]

LOTUS CORITNA MK1 ESCORT must help.

[Twiggy]

Mark up (1) £20 to £200, 200/20  x  100% = 1000%

 

Mark up (2) £200 to £500, 500/200  x  100% = 250%

 

Not bad either way !

[coalnotdole]

Did you flog it to him on ebay?

 

If so, did you sell as an auction or buy it now?

 

If it was auction, and people bidded up to £200 then I would say that's what the market value is

 

The man who bought it off me came to collect some other spares he'd won on ebay, He mentioned he was into mk1 cortina's I showed it to him and he seemed interested but didn't want to take it then. A few days later he made an offer via email / paid via paypal and I sent it in the post.

 

As I'm not a trader I cant see how the tax man should be interested? i never bought it to make a profit I bought it because I liked it! I imagine the seller will have to pay tax on it as I believe thats his line of business.

 

As a cutaway servo Its genuinely pretty rare, I assume they were intended as display pieces which may once have sat on the counter in a motorfactors during the 60's. All the chrome parts are unique and I can see that it would not be cheap to make a copy. To buy an unrestored mk2a brake servo body can easily cost over £100!

 

It probably wasn't worth a thread on its own but after a couple of glasses of Absinthe last night I couldn't find the bargains thread!

[tooSavvy]

Case in point... [fantasy, of course!]

 

Minder.. with our Arthur... he finds this Trabby, in a container, and gets 'skimmed' on the deal.

 

As revenge on the bttd, it turns out some 'actor' is crazy about E.Germany and wants a Trabby as a toy on set.....

 

Enter Arthur, offering to solve the Directors woes - for a hefty wedge.... all ends happily before the credits.

 

Agreed with all above >> How much££ do they WANT IT!!

 

 

TS

[lisbon_road]

Lot of chancers with free listing of 20 items a month.  You can put anything you own up for sale really.  The ones who do well out of all this are ebay and paypal; don't get me wrong, when I sell something, I don't normally mind if someone makes a profit and I use ebay a lot.

 

I often buy old cars from people and sell them for more, but I always say to them that I am going to resell and make a profit so they don't get narked.  That way they don't normally.

 

Must admit, I wouldn't pay £500 for that thing.  Actually, I think you did well to get £200.  Very well!