I am not the best business man in the world, so can someone tell me what the cost would be to sell a $15,000.00 item on ebay. They give you so many things to figure out and is there a max that you would have to pay?
I thought I saw about a year ago that they had a max of $250.00.
10% to a seller of a 50,000 car would really add up.
I also seem to remember that they had a caculator where you entered the amount of the item and it gave you a cost.
Have never sold on EBAY so do not quote me on this.
Craig there is a maximum final value fee of $250 on any item not listed in ebay Motors or Real Estate. They do sometimes offer special promos of $50, $100, or $150 final value fees to sellers that have an ebay store.
Selling a car is entirely different:
It is a successful listing fee of $60 for any car up to $2000 and $125.00 for any car over $2000 for first 4 listings every 12 months. Starting with your 5th listing there is no final value fee, only a $50 insertion fee per car.
Ebay does provide a calculator to show you the fees for any item you list excluding ebay Motors and Real Estate.
My question is then, Why would anyone end a listing early to save just $250.00 ?
A good example was just shown on this site how a member got burned taking a credit card using paypal at a show. This is a reason why someone "might" not sell the item through ebay and end the auction. They get the ebay exposure but do not have to deal with all the ebay regulations. Ebay has control of your money when using payapl for up to 90 days after a transaction takes place. I personally do not think that is fair and is the main reason I do not sell on ebay. The control of the customer on ebay is unreal. Ebay sides with the buyer most of the time.
You just wait 3 days on paypal money and take it out.leave it dry intell you need Paypal.you can transfer money within 30second
They probably ended the listing early and were making a deal off of Ebay and as a cash, check, or money order payment instead of using Paypal. The Paypal fees on a $15,000 sale would be $435 at 2.9%. If this is what they were doing, then add that to the $250 and they would have been trying to save a total of $685 on the sale, which depending on their actual profit margin might have been a big difference.
Shotzy and tbirdkid make very good points and one I would consider given my experience with paypal.
Otisbagotis is incorrect because if it's an ebay transaction the payment is held for a month or two (or 3 according to tbirdkid).
I think if positive feedback is left by the buyer then it will also be released.
If I'm happy with the $15,000 sale, I would end early to avoid paypal.
Not necessarily their fees, but the unfair way they treat ebay sellers, who btw are the ones that actually pay them.
otis...it does not matter if you take money out of your paypal account..ebay will charge the card on file. Taking it out makes no difference. Even if positive feedback is left the buyer can still file a chargeback with their credit card company. In this case payapl is the monkey in the middle.
Other thing is if someone wins the auction, are they really going to come though at the end and pay. Last 10-12 things I sold on there a few left me to hang as they never paid.
File a claim. If they don't pay you will get a fee refund and they will get a non payment strike.