📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Sale price 150, how much Would I get ultimately?

Options
Hi,
This is for the first time I am selling a mobile phone on ebay.I am so confused about all the fees on ebay.Trying to clarify, but failed.

If I sell my item on ebay at 150 pounds, could somebody give me an idea of how much money I would get into my account after all the fees?

I have already put my item on sale and ebay is asking for 11.50 pounds as initial fee (insertion fee, pictures, reserve price etc).After deduction of 11.50, if my mobile is sold for 150 via pay pal, how much I would get in the end?

Thanks in advance.

AJ71

Comments

  • jo_b_2
    jo_b_2 Posts: 7,122 Forumite
    1,000 Posts Combo Breaker
    aj71 wrote: »
    Hi,
    This is for the first time I am selling a mobile phone on ebay.I am so confused about all the fees on ebay.Trying to clarify, but failed.

    If I sell my item on ebay at 150 pounds, could somebody give me an idea of how much money I would get into my account after all the fees?

    You can use this handy online fees calculator. Fill in all the details that it asks for and it will tell you how much the fees will be. :)

    http://www.ezaytools.co.uk/calculator.html
  • aj71_3
    aj71_3 Posts: 98 Forumite
    10 Posts
    jo_b wrote: »
    You can use this handy online fees calculator. Fill in all the details that it asks for and it will tell you how much the fees will be. :)

    http://www.ezaytools.co.uk/calculator.html

    Thanks Jo_b.But it is a complex software to use and I am not getting the answer.

    Any further help?

    AJ71
  • Helix
    Helix Posts: 2,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    aj71 wrote: »
    Thanks Jo_b.But it is a complex software to use and I am not getting the answer.

    Any further help?

    AJ71

    For a closing value of £150 it will be around

    £4.93 closing value fee and £5.30 PayPal fee.
  • Nadia
    Nadia Posts: 355 Forumite
    Your final value fee would be £4.92 calculated on the basis of:
    5.25% of the initial £29.99 (£1.57) plus 3.00% of the initial £30.00 - £99.99 (£2.10) plus 2.50% of the remaining closing balance

    If you use paypal you will pay a further fee of £5.30 on the basis of:
    3.4% plus £0.20 GBP

    So you will be left with 150 - 11.50 - 4.92 - 5.30 = £128.28

    HTH

    Edit: Posts crossed. Helix posted the answer while I was calculating the fees. Cheers.
    I :heart: this site!!!
  • Here's another calculator .... should keep you busy :)

    http://ecal.!!!!!!/en/fee_calculator/ebay.co.uk/
  • aj71_3
    aj71_3 Posts: 98 Forumite
    10 Posts
    Nadia wrote: »
    Your final value fee would be £4.92 calculated on the basis of:
    5.25% of the initial £29.99 (£1.57) plus 3.00% of the initial £30.00 - £99.99 (£2.10) plus 2.50% of the remaining closing balance

    If you use paypal you will pay a further fee of £5.30 on the basis of:
    3.4% plus £0.20 GBP

    So you will be left with 150 - 11.50 - 4.92 - 5.30 = £128.28

    HTH

    Edit: Posts crossed. Helix posted the answer while I was calculating the fees. Cheers.

    Thanks all.
    I am a bit confused with 17% VAT.Does it apply to the transaction? Do I need to pay it in addition to what you are saying (I mean 128.28-17% VAT)?

    Thanks in advance.
  • martindow
    martindow Posts: 10,569 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No there is no extra charge for VAT, but they are pointing out that VAT is included in Paypal and Ebay fees. I think the VAT is from somewhere odd like Luxembourg.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.