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Is it wrong????

Hi All,

Just wanting help on a morale/financial issue.

Is it wrong to buy something knowing full well that you could sell it for more on an auction site?

Just wanting some opinions.

Thanks:confused:
«13

Comments

  • dinx1972
    dinx1972 Posts: 1,885 Forumite
    Debt-free and Proud!
    It depends on, who are you buying it from and your own moral code I suppose. No one would like to think they have been 'done over', but in todays society with google etc I don't think I would sell something without having a tentative look at what it was worth. My own personal opinion anyway:confused: .

    Doesn't help your dilema does it?:rotfl:

    Think I need more infor before I give a firm yes or no.:o
    :j DEBT FREE FROM 01/01/11 :j
    Declutter 2012 - 191, 2013 - 26
  • Pollycat
    Pollycat Posts: 36,010 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    I guess it depends if you would be taking advantage of the original seller when buying the item.

    For example, if it was an old lady who had had a piece of furniture for years handed down through the family so 'it had always been there' but you knew it was a Chippendale and offered to 'take it down to the scrapyard for a fiver', then sold it for £thousands, my personal view is that you'd be lower than a snake's belly.

    If however, something is priced in a shop and you pay that price knowing that you can sell it for more, that's OK (with me).

    Polly
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    Hi there I am with Polly, it really does depend. You might want to buy it sell it and then split the difference with the original seller or something. Are we talking making £100's or just a few extra pounds?
    chev
    I want a job that is less than an hour driving away from my house! Are you listening universe?
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    If you're buying from an individual then i'd say morally questionable, but from a company - go for it. They should have already done their pricing calculations and are happy to sell at that price.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
  • robpw2
    robpw2 Posts: 14,044 Forumite
    Part of the Furniture Combo Breaker
    i disagree if i buy a ornament at a car boot and take it to auction and make 1000+ its not me thats wrong its the person who sold it for 10p


    Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
    Slimmer of the month February , March ,April
  • moneymaker2
    moneymaker2 Posts: 449 Forumite
    Hi, It is something from a huge directory which I know will sell out quickly when it is released. I really want one for myself but I cannot really afford it so I thought that if I purchased a couple then I could make a couple of extra quid on ebay and reduce the cost of mine iyswim.
  • robpw2
    robpw2 Posts: 14,044 Forumite
    Part of the Furniture Combo Breaker
    supply and demand supply and demand. No this annoys me . the fact you search everywhere for a product because selfish people have bought two or three to sell at a profit .

    its worse than ticket toutiing


    Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
    Slimmer of the month February , March ,April
  • Nomad25
    Nomad25 Posts: 1,995 Forumite
    Part of the Furniture Combo Breaker
    In the circumstances moneymaker2, you absolutely go for it. Robpw, I don't agree - the thing is you [and I] may search everywhere, because we're MSErs, but a lot of people are just too lazy. If the OP has done some background work, she's entitled to make money on it. Only doing on a small scale what most companies do over and over - big time.
  • If the OP has thinks they can make some money good for them as they run the risk that the product wont turn a profit when it comes to it. Remember PS3?
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    calm down rob - just use the profits you got from selling the ornament!!

    You are entilted to buy as much of a product as you want and the sellor is willing to sell. You are also entitled to sell you own goods. No conflict here.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
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