Re: Ebay - beware the prices

Jul 01, 2003 11 Replies



> >I have noticed a lot of over priced kits on there.
>
> Based on what? MSRP? Some form of "price guide"? Your personal
> opinion? A friend's opinion?
>
> Were the auctions set at too high a price from the beginning or
> were the high prices set by the bidders?

When you've seen a couple dozen or more of the same kit sell for $15-$25, seeing it with a starting amount of $25 *plus a reserve* and a 'Buy it now' of $150 is almost laughable. Maybe P.T. Barnum overestimated slightly.


-- C.R. Krieger "Never give a sucker an even break." - W.C. Fields

Considering how eBay works, unless one party (usually two buyers) is dishonest or stupid, the sale price is pretty much by definition market value. Occasionally a Merlin TSR.2 kit comes up for auction. I've been told this kit is a piece of crap by a number of posters here. I usually bid a hefty amount, and always get outbid. Kim M\ Operation American Freedom-Where is our regime change?

Does that necessarily mean that "a lot" of kits are 'overpriced' on eBay?

eBay is a fantastic way to determine the value of an item. If you though it was worth $50 but the bids consistenty come in at $30, well then it is worth $30.

My experience is that I usually think something is worth $30 and it consistently sells for $50.

This works for items you have many of. The one time item will generally go for more than you thought it would.

Salinas

Yet a search of completed auctions will often show some auctions of the same items closed with no bids with a minimum below what the others sold for.

Tom

doesn't know the market or is hoping for someone stupid. Kim M

Operation American Freedom-Where is our regime change?

Ebay is a strange market. I do notice some stuff that is hard-to-find or truly OOP can go for some serious dollars. This is expected.

I think it is strange that kits readily available on shelves or in most major online stores can go for more on Ebay as well. Rob Gronovius Visit my motor pool in the

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That's true with just about anything sold on ebay. Go look at computer parts, then look the same parts up new on

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It's really amazing that people don't think to look for a *new* bargain elsewhere before looking for a used or new *bargain* on ebay...

________________________________

-= ®atzofratzo =-

No; did *I* say that? I think it was Martin.

These kits are still in the minority but in terms of absolute numbers, it seems to me to be a growing trend. I can think of a couple of reasons including greed, inflated model 'price guides' for 'collectors', and sheer ignorance of the market. Maybe too many morons responding to spam emails telling you how to make a fortune on ebay ...

-- C.R. Krieger (Been there; bought that)

And then they loud-mouth off about how ebay didn't work for them, it sux, etc.

The only problem that I have with eBay is some of the people I encounter there. You know them, the ones with deeper pockets than mine. 8-( Three Pyro Roman merchant ships, three outbids! All in one month!

-- John ___ __[xxx]__ (o - ) --------o00o--(_)--o00o-------

The history of things that didn't happen has never been written - Henry Kissinger

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