Quote:
Originally Posted by chr2002ca
Like others said, don't always believe bids you see on Ebay, especially if the reserve hasn't been met yet. Unfortunately, for high-dollar items, a number of people use their buddies to bid the item up to a point right below the reserve, so the next person to come in(all excited by seeing the bids and interest in the car) and make his own bid will hit the reserve causing that bidder to be contractually bound to pay. Or, the seller does 2 auctions, the first auction is used to hype the car with some very high false bidding and then the 2nd auction is where they truly try to sell the car at a much lower reserve. "Wow, people were willing to pay $148K for this car 2 weeks ago, it's a steal now at $90K." They can also use these false auctions to convince someone to buy it from them outside of Ebay. "Hey man, you see what's it's being bid up to on Ebay don't you?"
It's a definitely a nice car though. I hope the seller fetches a reasonable price for it and the buyer is happy with it.
|
If I ever have to sell my car I am going to have to remember these tricks to get more exposure and the best ebay price to show prospective buyers.
Nice car but the hours they say they have in it would mean one heck of a learning curve on everything from building the engine to how do I put lug nuts on school ,LOL!!!!