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Old 06-05-2003, 01:15 PM
Jeff H Jeff H is offline
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Default Re: Some musings regarding eBay...

I'd like to think that people are paying too much when someone says "rare" or "Yenko" or "COPO", but the stuff keeps selling at those high prices so I guess that's what it will cost to buy the parts. No reserve with a high starting bid is a bad auction tactic. Side deals do bother me, but I've had good success on both ends of auctions with some side deals so it's a legitimate part of the selling process as long as you list in your auction that you reserve the right to end the auction early. Ebay is tremendous for advertising. I just helped my boss sell his 1977 Corvette which he was the original owner with all paperwork and a "rare" color combination. It didn't meet the reserve, but 2 of the bidders kept following up on it until it reached the price he wanted. My thought process is to determine what I'm willing to pay for an item and either bid early or wait until the last second. But, I will not increase the amount I'm willing to pay.
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