Viewing 23 posts - 1 through 23 (of 23 total)
  • eBay bike sale – reserve or no reserve
  • manvstarmac
    Full Member

    I’ve sold Islabikes on eBay with no reserve and always got at least the amount I hoped for. To some extent they ‘owed me nothing’ as my kids had used them happily for a number of years. However, I’d have still been gutted if they hadn’t got the price I deemed them worth.

    A mate bought an On-One 29-er in September and quickly decided he didn’t like it for the type of riding he’s planning to do more of – steeper bike park descents and little jumps. He’s hardly ridden it and isn’t convinced by my argument of ‘no reserve means more interest which in turn means more bids and a better result’.

    Has anyone sold a bike on eBay with no reserve and regretted it?

    Conversely, has anyone been put off bidding on a bike because of the reserve? Even when it’s perhaps 2/3 of the ‘value’ of the bike.

    taxi25
    Free Member

    Reserves tend to put me off. When I’ve sold bikes I go with a classified ad with make an offer option.

    ssbnreso
    Free Member

    Worst ones are ‘buy it now or best offer’ then refuse to accept any offer!
    Frame I was interested in was up for £750 worked my way through my three offers and ended up at £725……offer declined :-/

    superstu
    Free Member

    It’s not reserves that put me off, it’s just the fact that in most cases I see where a reserve is on a listing it’s at an unrealistic amount I.e. Real tip end (or above) what the bike or part is worth IMHO

    newrobdob
    Free Member

    Doubt you’ll get 2/3rds value of new bike. It’ll be one of those unrealistic prices and it won’t sell.
    If it’s a popular or common item just put it on for 99p, it’ll sell for what it’s worth. Whether that is the same as what the seller thinks it is worth is a whole other matter.

    thecaptain
    Free Member

    No reserve. Seller can always back out if the price is too low. Not allowed in the rules but it happens.

    mcnultycop
    Full Member

    As long as no-reserve auctions end at a sensible time (i.e. not 3:12 on Wednesday morning) then I’d prefer to just let them run. I’ve had my auctions finish for next to nothing (99p Deore rear mech) but many for way more than I thought (pink leather three piece suite left in my first house when I bought it went for about £700 and I thought was worthless). You could pull out, sellers have done the “item broke whilst I was packaging it” thing to me when I’ve seemingly won a bargain.

    Dickyboy
    Full Member

    Reserves are pointless, just start the auction at the lowest price you’d be happy to let the item go for, 10 day auction starting on Thursday evening finishing Sunday evening early in the month when people have just got paid should pull in the most punters.

    Usually find that auctions with reserves are a pointless waste of time, so never bother bidding on them

    woodster
    Full Member

    Reserves always stop me bidding. Given the amount of ridiculously priced items on eBay I just assume it’ll be set higher than the item’s worth. Either 99p no reserve it (which is likely the best option if you use a decent title and pictures and start it at a good time) or start it at the minimum you’re prepared to accept.

    coomber
    Free Member

    What is the price he is looking for? Under £500 i’d probably just roll with it, over that and there’s a fair difference in what you might want, what you get, and what you recieve net of the fees.

    Slightly off topic but nothing annoys me more on eBay then a listing that says no reserve but a start price of say £600. That is a reserve isn’t it! It’s just at the start. ** rant over, drinks coffee **

    manvstarmac
    Full Member

    Thanks for everyone’s thoughts.

    Bought for £1,800
    Would love to achieve £1,500
    Doesn’t want less than £1,000

    Will pass on people’s feedback and let him decide what to do.

    newrobdob
    Free Member

    £1500 for a second hand On-One?
    Actually, scrub that, £1000 for a second hand On-One????

    Is he on crack?? 😉

    newrobdob
    Free Member

    Need a spec really as that price seems bonkers.

    IHN
    Full Member

    EIGHTEEN HUNDRED POUNDS?

    I’ve got some magic beans for sale, if he’s interested.

    thomthumb
    Free Member

    I watch a lot of bikes on ebay (& buy very few).

    I see a lot of bikes with unrealistic reserves (or starting prices) go round and round, often with no or tiny decreases. Some have been on there for over a year. If that was me i’d want it sold.

    I also see a lot of bikes fail to reach the reserve, then get relisted without a reserve and sell for more.

    I woundn’t bother with a reserve, but i also wouldn’t expect £1500 for a second hand inbred.

    P-Jay
    Free Member

    Assume it’s one of the FS ones?

    He’d be better of splitting it I think.

    manvstarmac
    Full Member

    It is:

    On One Codeine 29er
    Size Large
    SRAM X1 groupset (30T chainring, 10-42T cassette)
    Rockshox Pike RC 140mm fork
    Rockshox Monarch Plus 130mm rear shock
    Rockshox Reverb 125mm Dropper seatpost

    chakaping
    Free Member

    Worst ones are ‘buy it now or best offer’ then refuse to accept any offer!
    Frame I was interested in was up for £750 worked my way through my three offers and ended up at £725……offer declined :-/

    May have accidentally put the “best offer” bit on, I have done that before.

    Also may have sold it off eBay and be rejecting all offers for that reason, as they appear to have tightened up on people ending sales early.

    In the case of the OP, I’d go BIN or best offer though.

    oink1
    Free Member

    manvstarmac – Member
    Thanks for everyone’s thoughts.

    Bought for £1,800

    I’d learn to love it for that money 😯 – either that or split it

    superstu
    Free Member

    They were selling them for less than £1,800 in one of their continuos sales. As such don’t think he’ll get £1,500, but if mint somewhere between £1,000-£1,200 I’d guess.

    That or split but doubt he’ll make good the same amount e.g. Second hand reverb has to be cheap to sell given lack or warranty that will inevitably be required

    ssbnreso
    Free Member

    chakaping – Member
    Worst ones are ‘buy it now or best offer’ then refuse to accept any offer!
    Frame I was interested in was up for £750 worked my way through my three offers and ended up at £725……offer declined :-/
    May have accidentally put the “best offer” bit on, I have done that before.

    Also may have sold it off eBay and be rejecting all offers for that reason, as they appear to have tightened up on people ending sales early.

    In the case of the OP, I’d go BIN or best offer though.

    POSTED 2 HOURS AGO # REPORT-POST

    What if someone hits the BIN?

    gonzy
    Free Member

    only ever sold one bike on ebay.
    i valued the bike at that time to be around £750.
    i did the BIN and got no real bites…lots of cheeky offers though!!
    put it on auction with a reserve and got some bids but the reserve wasnt met so i lowered the reserve and again the same thing…a lot of chancers asking me to end the auction for a quick sale but at a ridiculously low price!!
    in the end i removed the bike off ebay for a few weeks and then put it back on auction with no reserve. it ended up selling for £425!! much less than i wanted and even less once ebay had bummed me for their selling fees!!

    woodster
    Full Member

    That or split but doubt he’ll make good the same amount e.g. Second hand reverb has to be cheap to sell given lack or warranty that will inevitably be required

    You’d think, but I tend to rent Reverbs, by owning them for a year then selling them for c.£30 less than a good sale price.

    He’s not going to get £1500. But £1200 if he splits it might be do-able, a grand if he doesn’t.

Viewing 23 posts - 1 through 23 (of 23 total)

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