Recommendations for a trusted Ebay & paypal fee calculator to use?

Goldenview

Apologies if this has been covered but I couldn't find a thread. Please just point me to it if there is. Thank you
I was hoping to sell on eBay and just hope someone knows if there is anything that might help me work out the fees that both Ebay & Paypal would charge, as I get very confused how to work it out. I sold some things a while ago and the fees for both eBay and then Paypal too seemed much more than I'd imagined so I didn't make a great deal at all. 
I couldn't find one on eBay or MSE but maybe I'm just being stupid. Maybe there is a simple spreadsheet or something that lets you see how much it would be if you sold something for X, or you sold as a 'Buy it Now' or 'auction'.  I did find some via google but then I worried that the sites might be dodgy. 
I'd feel more encouraged to list things if I could guestimate the final price I'd get from a sale. At the moment, I'm just too confused so I keep putting it off, as it's so overwhelming. Any advice for a safe, trusted way to do this gratefully received and sorry if this has been covered already. Stay safe everyone.

theonlywayisup

It's very simple to work out.

Ebay charge listing fees and final value fees.  A listing fee is a charge for the item being advertised - most private sellers get 1000 free listings a month.  So you can advertise 1000 items and it won't cost you to list them.  A final value fee is charged depending on the total amount (item and postage price) that the listing sells for.  The final value fee is 10%.  Ebay fees are paid in arrears, they send you an invoice each month and you need to physically pay them.

Paypal fees are charged at source - you don't get a bill the monies are taken as the funds are received.  For a standard account there is a transaction fee and a percentage fee.  The transaction fee is 30p.  This is taken per transaction, not per item.  The % fee is 2.9% of the entire amount credited.  

If you list something and it sells for £90 with £10 postage the fees (assuming it is a free listing) will be:
Ebay - No listing fee
Ebay - FVF 10% of £100 = £10
Total fees for Ebay £10
You will get a bill for £10 for all Ebay fees at the end of the billing cycle.
Paypal - Transaction fee 30p
% fee - 2.9% = £2.90.
Total fees for Paypal £3.20
Your Paypal account will show a credit of £100 was made but the balance will be £96.80.   (£100 - £3.20 = 96.80)
You will not get a bill from Paypal as you have paid at source. 

There are lots of occasions when Ebay runs a '£1 final value fees' promotion.  If you sign up then in this situation  your £10 will be reduced to £1, giving you £9 more than normal.  You still pay the full fee with Paypal on the £100. 

I don't think I've missed anything but I'm sure it will be pointed out if I have.

A_Random_Man

I always use https://finalfeecalc.co.uk when calculating fees

martindow

Paypal have this page that calculates fees

https://www.ebayfeescalculator.com/uk-paypal-calculator/

If you have an international buyer there can be extra fees - you can scroll down the page to see these.

Goldenview

theonlywayisup said:

It's very simple to work out.

Ebay charge listing fees and final value fees.  A listing fee is a charge for the item being advertised - most private sellers get 1000 free listings a month.  So you can advertise 1000 items and it won't cost you to list them.  A final value fee is charged depending on the total amount (item and postage price) that the listing sells for.  The final value fee is 10%.  Ebay fees are paid in arrears, they send you an invoice each month and you need to physically pay them.

Paypal fees are charged at source - you don't get a bill the monies are taken as the funds are received.  For a standard account there is a transaction fee and a percentage fee.  The transaction fee is 30p.  This is taken per transaction, not per item.  The % fee is 2.9% of the entire amount credited.  

If you list something and it sells for £90 with £10 postage the fees (assuming it is a free listing) will be:
Ebay - No listing fee
Ebay - FVF 10% of £100 = £10
Total fees for Ebay £10
You will get a bill for £10 for all Ebay fees at the end of the billing cycle.
Paypal - Transaction fee 30p
% fee - 2.9% = £2.90.
Total fees for Paypal £3.20
Your Paypal account will show a credit of £100 was made but the balance will be £96.80.   (£100 - £3.20 = 96.80)
You will not get a bill from Paypal as you have paid at source. 

There are lots of occasions when Ebay runs a '£1 final value fees' promotion.  If you sign up then in this situation  your £10 will be reduced to £1, giving you £9 more than normal.  You still pay the full fee with Paypal on the £100. 

I don't think I've missed anything but I'm sure it will be pointed out if I have.

Thank you for such a clear, detailed response. You have made it seem much less scary & easier to work out too. Thank you!

theonlywayisup

Very welcome.  I like the idea of the calculator that was linked to, but you do have to know how the figures are arrived at to know if it is correct (or when it's not working).  Most people don't understand the difference between when and how the fees are charged or taken. 

Goldenview

A_Random_Man said:

I always use https://finalfeecalc.co.uk when calculating fees

Thank you for the link

Goldenview

martindow said:

Paypal have this page that calculates fees

https://www.ebayfeescalculator.com/uk-paypal-calculator/

If you have an international buyer there can be extra fees - you can scroll down the page to see these.

Thanks very much for the link

RFW

For Paypal it's worth checking your account is set correctly and that the fees will be what you expect.

Similarly when listing on Ebay make sure you haven't clicked on any extras/upgrades that they may charge you for.