how much is too much?

tinkerbell1978

i am selling an item for buy it now 450.00 and selling with a reserve of 450.00 rrp for the item is 739.00 it is brand new and still in it's box i have never sold an item worth so much before it is quite heavy to so i have put it on as other courier 70.00 the bidding ended and it didnt meet reserve but two people asked me how much i wanted for it afterwards i said 450.00 but mainly because it is still in the box and i wanted to use the money for driving lessons am i asking too much for it? what would you do relist with a lower reserve and hope it makes what i want?

jarrod1

depends on how much it cost you.

frivolous_fay

It's pointless having the BIN AND the reserve.

tinkerbell1978

so i should do a buy it now only ok umm pants someone bid already so i cant change it hmmm will know for next time though many thanks!

p.s cost me nothing i won it? but wanted to get as much as poss for it as i want it to pay for driving lessons etc

missyg_3

Hi, have you looked at completed listings for similar items, to see what they have been going for? Also what does a brand new one cost in the shops at the moment? Although rrp is £739, high street might have them closer to your price? (I am assuming this is something readily available, which might not be the case...) Good luck.

tinkerbell1978

am i allowed to say it's an x-bike 600 ? if not i will delete but that 's what it is not sure i think jjb sell them and there is only one other one on ebay and it is the next one up from mine and quite posh.

frivolous_fay

tinkerbell1978 wrote: »

am i allowed to say it's an x-bike 600 ?

If that's what it is, sure
I have no idea what that is

freddysmith

Looks like a good quality machine, but may only appeal to very few people willing to spend good money on essentially a second hand fitness bike.
If you are not happy with the auction price you could always stop the auction early as an option. Doesn't look like you would get much more than £250 at present going by your last auction.

tinkerbell1978

maybe i would get more if i rung around some local independant sports goods shops in my area see if they wanna buy one? or is that a brain hair ideaaaaaa!?

ormus

its worth is precisely what somebody is willing to pay for it.

freddysmith

Not knowing this type of market, I would guess there is quite a mark up on the price of fitness equipment. It would do no harm to do some research with local sport shops at least then you will have a better idea if you could improve on any Ebay offers. Who said selling stuff was easy.............