Thread: Banjo Steering Wheel COMPLETE
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01-04-2007 09:36 PM #6
People will b*tch regardless... Thats just what people do.
I have no interest in putting something on ebay with an opening bid thats the same as the buy it now price, or artifially "inflating" my opening bid or reserve to cover listing fees or shipping or something else.... its a no reserve auction... there's a risk involved and I'm ok with that. At the same time, bidders know that the final bid price is the actual price they pay... I'm not into all these auctions i always see with "reserve not met". No one has any idea what the actual reserve really is... with a no reserve auction you know whatever the current bid is will be the price it sells for unless you place a bid higher, and it WILL sell for that, not just end with "reserve not met"...most of em END with reserve not met too, because people don't bother to bid on something with a hidden price. I've always thought that if you don't really want to sell something to the highest bidder then don't put it up for auction. While I do sometimes put reserves on stuff that I can't afford risking selling for peanuts, I usually don't use any reserve at all, and just let the bidders set the price. A little risky for the seller, sure, but I've been buying and selling on ebay since July of 1998, before it even had pictures of what you were bidding on... Have had good luck so far, and have sold a ton of stuff with over 1000 happy transactions... if anyone doesn't want to bid on something I'm selling for any reason, I have no problem with it... On the other hand you may lose out on a brand new banjo wheel that costs over 300.00 new, that could be had for whatever the highest bid is, with no reserve and a low opening bid... so by not bidding on it, who really loses?Last edited by joeybsyc; 01-04-2007 at 09:47 PM.





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Right after I posted yesterday it was down again, I don't think it's getting better.
Where is everybody?