High Value goods on ebay

burbs_2

Hi

I need a bit of advice from people who use Ebay to sell a lot. I have sold only 2 small items (nomore than £20 each) on Ebay before and took paypal payments but i have just set up a business and have decided to use Ebay to sell a few items.

I am selling cars and am going to be putting 3 cars straight onto Ebay to get quick sales for them. The problem is that each car ranges from £15,000 to £19,000 in value and i dont know whether Ebay is going to be worth my while?

I dont know what scams people may try to pull, or if there are scams i shoudl be aware of. If there are going too be much hassle from peoplem just wasting my time etc etc. if anybody has experience of selling high priced items, especially cars any info and help would be excellent.

Bets ways to accept payment that type of thing?

Thanx in advance

tab99_uk

fisrt watch out for nigerian scammers and dont accept westren union.
ebay fees will be very high.

burbs_2

tab99_uk wrote:

fisrt watch out for nigerian scammers and dont accept westren union.
ebay fees will be very high.

Yeah thanx mate. I have looked into the fees and they are going to be high but i think that as i know i will get the price that people bid and there is no haggling to be done i will be able to cover these easily enough. I know about not accepting western union but what is the nigerian scammers thing?

thank you

RACHIE77

burbs - people with zero feedback will bid on your auction but con you in to believing that the money is on its way and get you to send the goods (bit more difficult with a car I guess??) type in "419 scam" in google to find out more!

IMO a car is difficult to sell on ebay as people tend to want to come and look at it/test drive it before they pay for it - I tried to sell a car on ebay and no-one bid yet I got about 20 emails asking if they could come and look at the car - this happened to my friend too, plus a lot of time wasters (as his was a rarer car people were travelling from a lot further) that woul make an appointment but not turn up!!

abomb1969

Personally I think ebay is the only place to sell cars, loads of online viewings and you can put so much more detail than on autotrader, multiple photos for instance.

I have sold 2 Land Rovers circa £15k on ebay no problems at all, and a couple of bangers. Both my Landys sold off ebay but to people who had seen my listing.

ebay fees will be £30 maximum plus a listing fee of a couple of quid, and there is now a best offer option too. Read the latest news on ebays website for info.

BFG_2

....you will get email from someone in Africa offering to buy your car (priced at 15k).

They will send you a bankers draft/cheque for 20k and explain that the 5k is for the shipper, and ask you to pay cheque into your account and when cleared you send the 5k onto the shipper (via Western Union ).

The cheque will indeed 'clear' in your account and then you will send the 5k via WUnion - say goodbye to 5k.
W Union is the same as cash it's untraceable with no recover/protection. Some weeks later your bank will tell you that the cheque was a forgery and they are taking the money back; note the banks ARE allowed to do this!! You end up 5k oput of pocket.

Usually the car/motorbike/high valkue item is never 'collected' because the buyer is in Nigeria/SAfrica and they just want the 'shippers fees', so you only loose 5k and not the 15k motor as well:D

There are variations on it eg they send a cheque for 30k and say its their way of getting funds out of the country to starving/ill/destitute relatives, and how they trust you to do the right thing with the 'extra' money they have sent you. Or else they say it was a mistake and can the have the difference back (via WU of course]

You have been warned!

Clever B*gg*rs

ps - the quality of the cheques/money orders/documents from the best scammers is absolutely top notch!!

burbs_2

thank you all for your help. Due to a change in circumstances i will now be starting with 6 cars and hopefully if all goes to plan i will be adding to this weekly so all your help has been excellent.

I realise not to use western Union and also understand the scam mentioned.

thanks all

bleugh

.............under no circumstances accept cheques in person,
ONLY by post TWO weeks before they come and pick the car up

(otherwise the cheque will bounce big time)

when they arrive to look at the car DONT LET THEM HAGGLE (i wouldnt anyway)
the price they bid is the price to pay (unless you can come to some sort of 'mututal' agreement to not go thru with the ebay transaction, all it will cost then is the listing fees)

to be 100% safe accept CASH only, no cash = NO SALE,
as nasty as it sounds, you really dont want to read you r bank statement one day to find a 20k cheque has bounced do you

DONT let them test drive the car alone
- if you go in the car, make sure there is one of you and one of them,
two of them could overpower you and steal the car
make sure you take a mobile phone with you when in the car - if possible get pictures of the guys faces to be safe,
after all it's nearly 20K we're talking about here!!!!

finally, UNDER NO CIRCUMSTANCES USE ONLINE PAYMENTS FOR CARS
they are way too easy to bounce