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What's the catch with these auctions?

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I was doing an ebay search, specifying free delivery and price of under £1.00, out of curiosity.

There are hundreds of chinese auctions for various random things, from skimpy knickers to 'priceless chinese cup' and they all start at 0.01p with free international delivery.
Here's an example http://www.ebay.co.uk/itm/New-Hello-Kitty-Lady-Girl-Quartz-Wrist-Watch-PINK-CUTE-yike-zuan-/251049778948?pt=LH_DefaultDomain_0&hash=item3a73bb9f04#ht_1627wt_1344

Now, I've stayed away from these due to the 'too good to be true' thing, it's surely impossible for it to be that simple right???

are there hidden charges if you win one if these? What's the catch?Aside from cheap and nasty product of course
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam

Comments

  • I don't know, but a friend of mine almost bought something for an amazing price and free delivery when she noticed that the listing stated that whoever won the item would be charged £40 ish postage. :cool: Listing was already pulled when I tried to find it!
    They call me Dr Worm... I'm interested in things; I'm not a real doctor but I am a real worm. :grin:
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    You ever hear the saying "you get what you pay for" ?

    Unless it's delivered to my door in a carrier bag with free prawn crackers i wouldn't order anything Chinese on the internet.
  • Tina20
    Tina20 Posts: 471 Forumite
    I don't mind paying 0.01p for something even if it's terrible:D Xmas gift for the mother in law ;)
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • RFW
    RFW Posts: 10,404 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    These are auctions, so the chances of actually paying a penny are remote. I can't comment on this seller or the goods, but there are plenty of penny start auctions from China and Hong Kong that have good quality items from good sellers. The penny start auctions are usually used as advertising for sellers with multiple items, even if they sell them for a penny it can still bring in trade and if they have a million items for sale, losing on one would be no great hardship.
    .
  • deanos
    deanos Posts: 11,241 Forumite
    Part of the Furniture 10,000 Posts Uniform Washer
    no catch i have bought many items from HK for under £1 all been delivered :)

    The watch you linked to will be fake BTW
  • forgotmyname
    forgotmyname Posts: 32,930 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Totally fake and probably a decent profit for them at the current price £1.69.
    Censorship Reigns Supreme in Troll City...

  • Riversong
    Riversong Posts: 342 Forumite
    Are there any customs charges?
  • soolin
    soolin Posts: 74,167 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Riversong wrote: »
    Are there any customs charges?

    Not on a £1 item
    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.
  • hollyh
    hollyh Posts: 5,474 Forumite
    I've bought something really cheap and then when i wanted to buy a 2nd one the price had shot up. I'm wondering if they do it to hopefully get repeat business at higher prices.
  • steveo3002
    steveo3002 Posts: 2,731 Forumite
    Part of the Furniture Combo Breaker
    yeah ive had several cheap items , i think stuff and postage is so cheap they can do it

    dont expect it to be much quality
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