Should I Sell For This Price?

GreenSaints

Evening all

I've listed a load of stuff on eBay (quite expensive stuff) and one of the things finished about 5 minutes ago.

It is a Canon IX4000 Pixma A3 printer. I only used it a few times so I put a reserve of £100 on it, as brand new they are £195

It didn't met the reserve - the highest price was £76.50, which I was disappointed with.

Should I sell it a second chance offer? I think with the fees I'll make £65.51 (not including postage)

I'm confused what to do

geordie_joe

If you were disappointed that someone only offered you £76.50 for it then you will be disappointed if you accept it.

You put a reserve of £100 on it because that was the minimum you wanted to sell it for.

Try relisting it, but ending at a better day and time. I don't think Friday night is a good time to end auctions, I would try a Sunday night.

While you are doing that decide why you are selling it

Just to get rid of it, and accept the best offer, or selling it for a minimum amount and you won't let it go for less.

GreenSaints

I'm selling everything that's not nailed down to clear the mountain of debt I have.

I suppose £76.50 is better than nothing - but I was hoping for this to go for £100 and the other 7 items to go for £100 (currently at £83.21)

Maybe I'll relist it. Thanks for the advice

Cat2011

Anything used, even just a few times, will at least halve the price from new, so the max I would expect is £98. I think £65 profit is fair, but it depends how much you want the money/to be rid of it I suppose. If you're not desperate for the money right now then just relist it. 7 day listing ending sun evening will give it a lot of exposure. I sell a fair amount of tat, and it sometimes take 2 or 3 goes for it to sell. (not that your printer is tat!)

lincroft1710

GreenSaints wrote: »

I put a reserve of £100 on it, as brand new they are £195

It didn't met the reserve - the highest price was £76.50, which I was disappointed with.

Well that's what the market (eBay anyway) is willing to pay for it this week. List it next week you may get more than £76.50, you may not. What price have others sold for? If none have achieved more than £80, then £76.50 is a fair price.

If you have a Cash Converters or similar nearby, what would they offer? I doubt more than £76.50.