SELLING TYRES ON EBAY

summerevans1998

I'm looking to sell part worn tyres on eBay what insurance do i need

walwyn1978

You don’t NEED anything. You might want to consider traders insurance, sometimes called sellers insurance, which a good policy would cover the below, some or all of which might be relevant ti your circumstances.

• Product liability insurance to cover any accusations of negligence should the goods you sell damage a customer’s property, injure them or make them ill.
• Public liability insurance to cover damages for any third parties who are injured while coming into contact with your business (couriers, suppliers, market stall browsers etc.)
• Employers’ liability insurance to cover the people who work with/for you, including employees, volunteers and apprentices, for illness and/or injury.
• Stock and property insurance to cover your stock if it gets damaged or stolen. This often goes hand-in-hand with business interruption insurance, which covers you if a fire, flood or other unexpected event (hopefully not all three) prevents you from trading from your usual business premises.

You might also think about cross posting this on the eBay board. 

jimjames

summerevans1998 said:

I'm looking to sell part worn tyres on eBay what insurance do i need

Why would you need insurance? Or are you doing it as a business?

I've sold tyres on eBay before but to be honest I found Facebook marketplace a better option

summerevans1998

I'm going to do it as a business

Ectophile

If you're employing anybody, then you do need employer's liability insurance.

It's a really good idea to have product liability and public liability.  if someone is injured, then the resulting compensation bill could bankrupt you.

summerevans1998

   walwyn1978     You seem like you know this sort of business. By any chance you don't do freelance ?

summerevans1998

   walwyn1978    I know everything about tyres , testing them , doing repairs . getting the supplies  but not eBay and the listing side of thing .I will give you my email if your interested 

walwyn1978

summerevans1998 said:

   walwyn1978     You seem like you know this sort of business. By any chance you don't do freelance ?

No, I sell a bit on EBay but I’m not a business trader. I did look into it at one point seriously when I was thinking of a career change and EBay sales would have formed part of it so I looked at insurance etc but in the end didn’t go down that path. I know squat about selling tyres, sorry. 

Good luck with it if that’s what you decide to do, wish you well. 

spiro

Make sure you comply with the The Motor Vehicle Tyres (Safety) Regulations 1994 (reg.7.) part of the Consumer Protection Act.

motorguy

summerevans1998 said:

   walwyn1978    I know everything about tyres , testing them , doing repairs . getting the supplies  but not eBay and the listing side of thing .I will give you my email if your interested 

I'd look seriously at the fees charged by ebay and paypal, and the postage costs and then factor in for an element of returns also.

All of that may come to a lot more than you think.

It feels like an incredibly crowded market to me.  I plugged "tyres" in to ebay.co.uk and there are over 1.2 million listings.  Where there is a lot of competition on ebay it becomes a race to the bottom on price.

caprikid1

"It feels like an incredibly crowded market to me.  I plugged "tyres" in to ebay.co.uk and there are over 1.2 million listings.  Where there is a lot of competition on ebay it becomes a race to the bottom on price."

THat's ebay, race to the bottom on prices, no protection for sellers from rogue buyers. Not sure why anyone would use it as a platform to be honest if any alternatives exist. Facebook market place seems to be exploding.