I don't get it..... Can someone please explain

[6S219]

Lately I have been following the 993 turbo cars on eBay and was wondering..... Why do the sellers of these cars have a opening bid no where near their asking price? Example,
I saw one car that had an opening bid of $200 with a buy it now price of $229,000.
I will see the same cars repeatedly being relisted.
What's the logic behind such a low opening bid?

[SilberUrS6]

No-reserve auction?

[dad911]

Low opening bid attracts more bidders.

[Skwerl]

I wish they would just list it at their asking price with no reserve instead of wasting everyone's time with bidding that shockingly never comes close to their asinine expectations.

[6S219]

Originally Posted by Skwerl

I wish they would just list it at their asking price with no reserve instead of wasting everyone's time with bidding that shockingly never comes close to their asinine expectations.

Exactly!!!

[zundfolge]

eBay is for exposure, not for selling. Deals are typically done privately thus saving the seller 10%.

[sugarwood]

Originally Posted by zundfolge

eBay is for exposure, not for selling. Deals are typically done privately thus saving the seller 10%.

Ebay charges a flat fee of $125 to sell a car.

[zundfolge]

I stand corrected, thanks.

[turbo owner]

Originally Posted by sugarwood

Ebay charges a flat fee of $125 to sell a car.

When the time comes, I'll be selling my cars on eBay. I have to admit, I am totally stunned you can sell a $100k car for $125 yet get charged $300 on a $3000 set of wheels.

[Norm K]

^^^ Sell your wheels for less and save money.

[turbo owner]

Originally Posted by nkowi

^^^ Sell your wheels for less and save money.

Using that approach, I may have been best off not selling at all. They have doubled in price since I sold, 3 set of Fuchs 7&9's for $3k or less. Look at them now