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Originally Posted by ylwjacket
I sold a car last week on Ebay. I was watching 2 similar cars, both sold by dealers. They were both no reserve auctions, one with a min bid of 500, the other of 2000.
As it turned out, no one bid on either car. Both cars are sellable easily for 12k.
So, the question is this:
If I had bid on them both, 500 for one, and 2000 on the other, in no reserve auctions, do you think the dealer would have gone through with the sale?
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With such ridiculously low starting prices and no bids, there must have been something wrong with these vehicles to scare away potential buyers. Were these salvage vehicles?
Extraordinary deals do exist on eBay if you know the market for the item you're bidding on and understand how to make the bidding process work in your favor. eBay is great for buying rare, collectible, out of stock items. It is not the place to buy current models that are commonly found in the retail channel.
12-29-2006, 05:56 AM
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