Private Sale of Electronic Goods

frugal_mike

I can understand the buyers confusion. Amazon mix in Marketplace products with their own, and a lot of the Marketplace sellers are businesses.

Hintza

fozzeh wrote: »

[*]Xbox bought from Tesco (in TV bundle deal) in November 2013

[*]Sold on Amazon Marketplace 4 days later (still in November),

Selling for profit!

Johno100

Hintza wrote: »

Selling for profit!

I read that as the OP got something unwanted as part of TV package promotion and then sold it on Amazon at a price that neither you or I know.

System

The "he's really an evil business" argument is a bit bizarre. A private seller must make a loss on his single item or register as a company? It's not so black and white.

There isn't a profit anyway, he got a cheap TV, discounted by the sale value of the xbox. The TV depreciates and the OP posts a loss. Great business plan there, he'll be retiring tomorrow, having sold up to Amazon (who see him as real threat) for £5.2 billion

For more boring information, google 'badges of trade'

fozzeh

Yes, a month or so later but...

Johno100 wrote: »

I read that as the OP got something unwanted as part of TV package promotion and then sold it on Amazon at a price that neither you or I know.

...that's the one. More than happy to say I paid £430 for the XBox and the TV and sold the Xbox for £130 net.

mutzi wrote: »

The "he's really an evil business" argument is a bit bizarre. A private seller must make a loss on his single item or register as a company? It's not so black and white.

There isn't a profit anyway, he got a cheap TV, discounted by the sale value of the xbox. The TV depreciates and the OP posts a loss. Great business plan there, he'll be retiring tomorrow, having sold up to Amazon (who see him as real threat) for £5.2 billion

For more boring information, google 'badges of trade'

Don't mock it, I'm buying Google next with my copper collection

zaax

shaun_from_Africa wrote: »

Selling for a profit doesn't make you a trader.
Buying with the intention of selling for a profit might make you a trader but even this isn't conclusive..

I used to buy box sets of DVD's from Amazon.com and when I had finished with these I sold them on ebay.co.uk by way of auction.
Quite often these sold for more than I originally paid but by selling them for a profit, I was in no way a business seller.

If you make a profit to have to tell the tax man

bod1467

He didn't make a profit ... he's still down £300.