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The seller owes Lance a huge commission.(10 posts)

The seller owes Lance a huge commission.elviento
Jul 9, 2002 8:19 PM
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1840552436
7 year old Trek with 8 speed 105, $1450 as of now!elviento
Jul 9, 2002 8:28 PM
I think the buyers are shills (nm)flying
Jul 9, 2002 8:36 PM
.
eBay auctions are as honest as EnronNiwot
Jul 9, 2002 8:56 PM
... because the seller logs in under another name and bids on his own item to drive the price up, hoping some sucker will jump in and outbid the seller-in-disguise.

So if you want to buy something on eBay, keep in mind that, more likely than not, that guy you're bidding against is the seller in disguise, trying to pump up the price on his own item. "Buyer Beware" is the first rule for anyone making a bid on eBay. It's as honest as Enron.

eBay ought to find a way to stop that B.S., but they're making too much money to give a dam about it.
not always trueJS Haiku Shop
Jul 10, 2002 4:53 AM
ebay guards against this and has revoked membership and/or proscecuted folks for this (some type of fraud?) in the past. it was about 16-18 months ago (or maybe a little longer) when this came to light--they were cracking down on both the same bidder as seller (by cross-referencing credit card/payment/billing/contact info), and looking closely at the same bidder for many of the same seller's auctions (in other words, if you and i were in shady e-bidness together, and we had an understanding that you'd always bid-up my auctions, but never with the goal of purchasing anything).

regardless of how ebay regulates this, if the buyer is willing to pay two grand for a bike that's worth maybe $800, that's their problem. nobody's forcing them to bid-up the item; a bidding war is pure folly in these cases (and how many people MAKE more than they should off auctions). then too, an item is worth exactly what one will pay for it. if one pays $2k for an $800 bike, it's worth $2k to them. i'll submit it's lack of knowledge, experience, and ignorance of the resources at hand that causes some of these auctions to go so high...boards like this and other (search results) internet resources provide loads of comparable info on nearly any bike or item you'd consider purchasing on ebay.

caveat emptor.
56cm for "distance running daughter"...errr, me....wulf
Jul 9, 2002 9:15 PM
Peddles, however, not includedRaf1
Jul 9, 2002 11:42 PM
These may come handy in heavy rain or triathlons but not included, bid accordingly.
Red flags:filtersweep
Jul 10, 2002 4:55 AM
This might be perfectly legit, however I'm very skeptical. Ad critique:

1- Too much cut and paste "Ad copy" from Trek. The only "original" info provided by the seller is:

"Excellent, very low mileage. Purchased for my distance running daughter whom I couldn't convince to switch to cycling. "

I've found that sellers that are deliberately vague (what does "excellent" mean, anyway?- can you be more descriptive?) are usually HIDING something- they make it YOUR responsibility to ask the questions, and if you don't, and you complain, they post that the item was exactly as described... see my old post of the Velomax wheels with the cracked rims that were in "excellent condition."

2- ZERO feedback. Even if it is legit, low feedbackers often don't even know how to pack something... or they spend three weeks figuring out the best way to ship something. (Said wheels listed above were ZIP TIED together... so they arrived all scratched up. I don't want to overgeneralize based on that one experience.. I've also had an amazing assortment of items that were simply sent in a USPS priority shipping envelope).

3- $40-80 for shipping??? Tells me this person doesn't have a clue how or how much shipping will be... and there is no mention of how it will be boxed or shipped... good luck!

I hate these kinds of ads- expecting big money, yet tersely worded... I recently sold some pro-audio gear that has been discontinued and is no longer compatible with most modern systems... I spelled it out SUPER CLEARLY in the ad AND pointed out the design flaws of the product. I ended up selling it for more than 80% of my purchase price (I would have been happy with 50%).

...also note that the high bidder also has ZERO feedback... that should be interesting!
went for 1500! ebay is a sellers marketishmael
Jul 10, 2002 9:47 AM
used, old bike with 105, Id give'm 750 max
wouldn't have given that much for itColnagoFE
Jul 10, 2002 10:41 AM
you could probably buy that bike new for that much. sucker born every minute i guess.