We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Winning bidder can't pay
mpet
Posts: 473 Forumite
Grrr! Daughter sold laptop on e-bay to bidder who asked numerous questions (but with only 2 FB). The auction ended @ 1hr ago and he has now e-mailed to say he has no money to pay - as he has to pay his student rent!!!!
Would the easiest thing be to mutually cancel the transaction and offer to the 2nd highest bidder?
Would the easiest thing be to mutually cancel the transaction and offer to the 2nd highest bidder?
0
Comments
-
depends if you are happy to take the lower amount, but to be honest I would NPB his !!! because he needs to learn that he can't bid and run.We have removed your signature - please contact the forum team if you are not sure why - Forum Team0
-
Must admit the NPB was my preferred route, but as the runner up bid was only £10 less and with lots of pos FB I thought it might be quicker than having to wait for a NPB dispute to close.
Can I send a 2nd chance offer to the runner up bidder, before the mutual cancellation is closed?0 -
It may be the easiest to do a mutual,IF they accept you get your fees back,IF they don't you pay fees.
Better to wait 4 days,open a non-paying-bidder case(NPB),close it 4 days later,get your fees back and your free to relist or try 2nd chance offer,buyer gets a strike and once they do it again they've basically banished their buying days from ebay for quite a while(better for us sellers)2 kWp SEbE , 2kWp SSW & 2.5kWp NWbW.....in sunny North Derbyshire17.7kWh Givenergy battery added(for the power hungry kids)0 -
It may be the easiest to do a mutual,IF they accept you get your fees back,IF they don't you pay fees.
Better to wait 4 days,open a non-paying-bidder case(NPB),close it 4 days later,get your fees back and your free to relist or try 2nd chance offer,(better for us sellers)
I thought if they don't respond to the cancellation within 7 days, I still got a refund of fees? If they don't accept the cancellation, can I then not start a NPB?0 -
I could never bid on something if I couldn't pay. :eek:
It's a pity you can't neg them as that would look really bad with only 2 feedback.Striving to clear the mortgage before it finishes in Dec 2028 - amount currently owed - £36,632.390 -
I thought if they don't respond to the cancellation within 7 days, I still got a refund of fees? If they don't accept the cancellation, can I then not start a NPB?
Hmm..not so sure about the fees bit. Thing is your talking about having to wait 7 days..it only takes 8 days to NPB and def get your fees back plus give them a strike.If you go your way you could be looking at over 2 weeks.Just NPB them,if they can't pay they shouldn't have bid in the first place..their problem..not yours2 kWp SEbE , 2kWp SSW & 2.5kWp NWbW.....in sunny North Derbyshire17.7kWh Givenergy battery added(for the power hungry kids)0 -
Yeah it's a shame sellers can't neg any more - from reading some of the threads it seems NPB's are becoming more common.
I think I'll look into a NPB for this 'buyer'!0 -
If you offer a mutual cancellation & they refuse as my last NPB did you're stuffed you don't get your FVF's back. Unless you need the money urgently I would go down the NPB route but that will be 8 days before you can re-offer it & by then the under bidder will no doubt have bought another one.0
-
Hermum is correct, but if you offer a mutual and they fail to respond (not a refusal) then after 7 days it times out and you can close it for a fee refund.0
-
I do not risk mutuals if i want my FVFs back. If a buyer is too stupid to realise he can't afford something then I doubt he has enough brain cells to opt for the right bit when asked about a mutual. There is also the possibility that he is an auction wrecker and is doing it for fun so he can just refuse.
Go for a full NPB.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
This discussion has been closed.
Categories
- All Categories
- 347.1K Banking & Borrowing
- 251.6K Reduce Debt & Boost Income
- 451.7K Spending & Discounts
- 239.3K Work, Benefits & Business
- 615.2K Mortgages, Homes & Bills
- 175K Life & Family
- 252.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards