Should I reveal my reserve price

helen_jelly

Hi
I'm selling my car on Ebay and have put a Reserve Price on it, I've never sold something with a reserve, I now have a question from someone asking me what the reserve is
Is it normal practice to tell people what the reserve is or should I not do so, if not, other than "nosey" what should I say

Thanks for the help
Helen

soolin

There is no harm at all in telling someone your reserve.

helen_jelly

Thank you helping :]]

Helen

PasturesNew

I'd be put off a bit if I didn't know the reserve; on the flipside I'd be annoyed if the reserve were £3000 on an item currently bidding at £1.99.

porto_bello

For a reserve to exist at all, the minimum price must be at least £50, so if you're not prepared to bid £50+ it's not worth entertaining.

I find reserve prices counter-productive and more likely to put bidders off than attract them. Given that there is always a free listing day just around the corner, I find it better to list everything for the minimum price, rather than encounter a reserve price fee, whether the item sells or not.