General Cycling Discussion - eBay pricing???

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View Full Version : eBay pricing???


Walter
04-20-02, 05:51 PM
I'm a dedicated eBay watcher and occasional bidder (rare seller). I'm coming to the conclusion that eBay is losing it's cachet as a bargain mecca.

I have recently been outbid, on a few occasions by alot, on a number of fairly mundane and by no means rare cycle stuff. I'm not ranting about that, if I really wanted the items I would have "sat" on the auctions and sniped at the last minute, instead I entered a bid and checked back the next day knowing full well I may get beat. However, when I look at the selling price I see $ figures that would often buy outright from a catalog and often times aren't far off what your LBS may charge. I don't understand the logic. Is auction fever that virulent?

Btw my rule of thumb is if I can save $10 or more I look online less than that I go to the LBS. If my LBS was in fact "local" I might bump that to $15-20.

Any thoughts?

:beer:


bikerider
04-20-02, 07:02 PM
Originally posted by Walter
I'm a dedicated eBay watcher and occasional bidder (rare seller). I'm coming to the conclusion that eBay is losing it's cachet as a bargain mecca.

Not to be snide, but...was it ever?


...when I look at the selling price I see $ figures that would often buy outright from a catalog and often times aren't far off what your LBS may charge. I don't understand the logic. Is auction fever that virulent?

Definitely. I used to look there but I noticed this phenomenon you describe occurs with nearly everything (cycling related, at least ;) ). Perhaps there are good deals to be found but I value my time as well and it is not cost-effective for me.

Mikew305
04-20-02, 07:45 PM
Im not a huge user or fan of ebay, but sometimes you can grab a good deal <especially on bike components>

I grabbed an XT front derailleur for $12.50 <5.17 s/h> ..Usually its 45 bucks or so. So theres a nice 25 bucks saved. As for good deals on anything like Bicycles, component packs, or anything at an outright bargain, forget about it.

I had a high bid on a FULL XT Component set at $102.50 and when i hit refresh the last like 18 seconds, it was at $130 by another user...royal pain in the ***, and it always happens.


Mikew305
04-20-02, 07:50 PM
Originally posted by bikerider


least ;) ). Perhaps there are good deals to be found but I value my time as well and it is not cost-effective for me.

yeeeeehehehe...."I value my time"...Okay Mr. President! NOT COST EFFECTIVE... HAHAHAHahahaha!....10 minutes of bikerider's time is worth 10 grand, roight? :rolleyes:

lotek
04-20-02, 08:00 PM
My favourite e-bay story comes from my LBS
who put a pair of Cinelli handle bar plugs on e-bay
starting at $.02 by the time the auction closed he
sold them for $21.50 and these are items that are
free with any new tape. :roflmao:
I do sometime e-buy, and picked up a
Serotta frame for a song.

Marty

cycletourist
04-20-02, 11:37 PM
Before bidding on anything I always check the price of a new one just to make sure I don't overbid. Most people don't do that - probably why bidding usually goes so high.

bikerider
04-21-02, 12:10 AM
Originally posted by Mikew305
yeeeeehehehe...."I value my time"...Okay Mr. President! NOT COST EFFECTIVE... HAHAHAHahahaha!....10 minutes of bikerider's time is worth 10 grand, roight? :rolleyes:

Perhaps one day you too will value your time. You will probably then choose not to spend it making infantile and nonsensical personal attacks on the internet.

You truly have my sympathies.

Mikew305
04-21-02, 01:00 AM
heheh...relax buddy...harmless bs humor.

I value my time...part of the way i relax is post

roadbuzz
04-21-02, 07:12 AM
I am of the opinion that e-bay is a better place to sell than to buy. Every time I've tried, no matter how uninteresting I thought the item to be, the bidding rose until it was way out of proportion with the value of the item.

A guy I work with put a common fishing boat for sale on e-bay. Summary: Soon after posting, someone emails and asked the reserve price. Shortly thereafter, reserve price was bid. Bidding continues upward thereafter. Seller stopped the auction and sold the boat 3 days early... bidding had gotten way out of proportion to the value of the boat.

aerobat
04-21-02, 08:37 AM
Originally posted by lotek
My favourite e-bay story comes from my LBS
who put a pair of Cinelli handle bar plugs on e-bay
starting at $.02 by the time the auction closed he
sold them for $21.50 and these are items that are
free with any new tape. :roflmao:
Marty

That's great, love it!!!:D

Richard D
04-21-02, 11:48 AM
I'm currently awaiting delivery of a Raleigh Folding Twenty that only went for £15, as the previous few I've bid on have gone for £35-45 it should be a bargain if it's in reasonable condition.

Some stuff, goes for silly money, some for peanuts, I've never understood the logic behind the bids.

I did pay for much of my honeymoon with the £270 a Canadian paid for a paperback I'd bought secondhand for under a pound...

Richard

fubar5
04-21-02, 11:52 AM
Time is money as they say.

Joe Gardner
04-21-02, 12:50 PM
I dont know, theres quite a few deals to be found, if you look. At the same time, i was once bidding on a 3 1/2" floppy drive, and it went for over $60! Retail was $45 :p

Brains
04-21-02, 12:56 PM
I still have bikes on my E-Bay search, I haven't found anything worth biding for yet, but here in the UK the Police use E-Bay to get rid of the mountains of stolen/recovered/unclaimed bikes.

There was a block of 50 (yes fifty !) bikes sold as a single lot for £10.00 (US$15.00) a few weeks back

That works out at 20p or 30 cents a bike, now even if it was all rubbish, there had to be some good parts/fames in that lot

Most of the bikes are sold as single lots with a starting bid of £10.00 (US $15.00) -

Look for the seller 'Alpha Foxtrot' (No doubt some sort of 'in' joke for the British Police, probably supposed to be read backwards 'FA' = 'F**k All')

Walter
04-21-02, 01:52 PM
There are some deals online to be sure. The best I've done was at Campy-Only.com where I scored a very clean Campy (well duh:) ) S Record gruppo with built wheels for a nice price.

I build scale models on occasion and used to find nice prices on older kits on eBay but those prices are being driven up too. Oh well it's not like I need to buy these things.

:beer:

Guest
04-21-02, 02:30 PM
Hey!

I bid on ebay a lot... I used to bid a lot in my early, pre-addictive days, but since the first lot of stuff came in, I've toned back the bidding considerably. Actually, I more liked the idea of winning rather than the buying merchandise... which is why I stopped.

Now when I bid, I do what someone else said- I check the retail price. Then I check the reviews from past ebay winners of the person who's selling the item. Then I email the seller with questions. Then I make a decision to buy after perusing ebay and getting the best priced one. From there, I just moniter the bidding. Sometimes it gets a bit crazy with the bidding and I don't even bother at that point. I just bow out. But for the times when I do stick around, I can get some great bargains. I only bid when I know it's a bargain. I can't be bothered with bidding against idiots who have no idea about the true cost of items.

I just recently purchased a digital camera that does 80 sec film shots as well as still shots. My friend got the same camera new for $550. I got it new for $240. He was shocked when I showed up with his camera a few days after he showed me his for half the price.

I got a number of things for my upcoming cycling trip for Italy (see the touring forum for my dedicated sub-thread). I haven't opened them yet because I haven't been home all weekend, but I'll be home tonight. I'll report back on the forum site on the condition of the equipment I received.

On a side note, I've purchased a number of interesting medical equipment that you couldn't buy if you were a pimp with 20 good hookers working all night for a week! This has helped my business considerably. As long as the machines are salvageable and good for a year, it can save you thousands in the long run to buy it cheap on ebay and then get it repaired.

Food for thought.


Koffee Brown

cycletourist
04-21-02, 09:40 PM
Ebay is a great place to buy books. There are so many thousands of books and only a few buyers... often I am the only bidder. Once shipping is factored in, the price is about the same as buying from a used book store, only the selection is better and it is a lot more convenient.

bikerider
04-21-02, 10:19 PM
That's another problem with Ebay - shipping. I've noticed that some of the shipping rates people quote are outrageous.

Also, if the seller prefers to use FedEx and UPS, I would have to pay an exhorbitant "brokerage" [extortion] fee if the item was being shipped here from the U.S.

Someone could probably get bids on used toilet paper on Ebay.

Guest
04-21-02, 10:48 PM
For my trip, the ebay items so far:

1 tent- (new) paid 38 bucks. It's in perfect condition with a 3 year warranty.

1 thermarest 3/4 length- new. Paid 38 bucks. Checked it and looked great!

1- 6000 cc backpack- paid 80 bucks. Also brand new.

1 sony digital camera- takes still shots and 80 sec movies in realtime. Paid 240 bucks. Turns out it's brand new! Wow!

2 panniers for front wheel. Used- paid 15 bucks for the pair. Guy was great and sent it free of charge. They seem nice, but I haven't tried them out yet.

So far, I think I'm doing pretty good. Ebay can be good, but you really have to look around, do some research, then check the bidders and place your bid. Then you have to invest the extra time into protecting your bid. It's a lot of work, but if you get what you want and saved good money, I think it's well worth the effort.

Now I can spend all that extra money I saved on some good wine and cheese! Whooooooo!


Koffee Brown

Bigtime
04-22-02, 12:55 AM
Bikerider is right, if you don't look closely at the shipping fees you could get a nice little shock when you have to pay the bill. I always look at the s/h fee and if it's seven bucks for a ten dollar part I don't even bother with it. Many people will sell something cheap and try to make up for it with s/h.

I have found good deals from time to time but like people have said sometimes the bidding just gets crazy. I think it's more of a "I want it no matter what" mentality than a "These bar ends are worth 20 bucks" type of thing. That was pretty funny by the way :)

What gets me about Ebay is the sniping. Nothing pisses me off more then getting outbid at the last minute by a dollar, sometimes less. I've learned if you really want something on Ebay you better sit there and watch it the last few minutes, right up to the closing. There's always some rat out there just waiting to take the cheese from you.
-BT

D*Alex
04-22-02, 05:33 AM
Once, I saw somebody selling a lot of used bike tyres on eBay, and I believe somebody actually bid $20 for them!
You can still get good deals on eBay, but you gotta watch out when a "newbie" is bidding against you (guys with 5 or fewer sales). Sometimes, these guys are over-anxious, sometimes they are idiots, and somtimes they may be a shill.

thbirks
04-22-02, 06:06 AM
I just picked up a blackburn expedition rear rack on Ebay for $12.50 plus $8 for shipping. These retail for $50. It was a dutch auction and there were 20 racks, so the price never got out of hand.

fofa
04-22-02, 07:23 AM
I agree with Koffee Brown, I have found, check Shipping and handling first, if it is way out of wack, I pass. If starting bid is to high compared to street price, I pass. If I think it is worth bidding
on, I usually place a bid where I think it would be a good buy. If I get outbid, so be it, there is always tomorrow.
:)

John E
04-22-02, 08:37 AM
My strategy resembles Fofa's. Over the past two years, I have bought two dozen bicycle components on eBay. I bid only on items I really want or need, such as oddball-sized chainrings, and I decide ahead of time what each is worth to me. I win less than 15 percent of the time because I refuse to get sucked into a bidding war with anyone, but I admit that I am not a "certified NOS, museum-quality" collector, but just a guy who loves to ride and to repair old road bikes and does not mind that they look well-used (and well-maintained).

Over the past year, eBay prices for classic bikes and components have been escalating dramatically, and I visit eBay primarily for "looky-loo" curiosity, amusement, and information, rather than as a serious buyer.

cycletourist
04-22-02, 08:58 AM
My greatest ebay prize was an XTR seatpost for $10. I also got a Shimano RSX 46/36 crankset really cheap.

aturley
04-22-02, 10:21 AM
Ah, capitalism. This is just pure economics. You can't really get a deal on something unless you rely on imperfect information, economically speaking. And as more people go to ebay to buy things, there are more and more people out there who recognize the value of an item and will bid closer to that value. And you also get the kind of imperfect information that benefits the seller, where a buyer over-values a product. And in an auction, all you need is one person to overvalue the product. There are still deals out there, but you really have to know where to look.

andy

AutoAudio
04-22-02, 01:09 PM
I love ebay, you can find alot of great deals on ebay, and then alot of them aren't. You just have to know how to ebay is all. I've never really used it for biking, but i saved a ton on my amp for my car from ebay. (bout 500 bucks) and it seems to force alot of the online retailers to lower their prices to some what match the ebay price which i think is good, but on that note, usually see how cheap you can find something online before you bid. Good chance you can find it close too with out the head ache of bidding. Or i find it a head ache anyways, i hate sitting there for days waiting to see if i win or not.

Inkwolf
04-23-02, 08:03 AM
Originally posted by thbirks
I just picked up a blackburn expedition rear rack on Ebay for $12.50 plus $8 for shipping. These retail for $50. It was a dutch auction and there were 20 racks, so the price never got out of hand.

Ha, ha, ha! Just strikes me as funny, I got the same rack on the same auction as you. :P (What's really funny is that I bid $15 on the same rack a week ago on another Dutch auction by the same retailer, and was outbid.) I also got a Vistalight rear flasher for 3.99 and a Blackburn frame pump for 4.99, and since they are all from the same guy (e-Discount Bike) I only have to pay the $8 shipping for the rack. That's another good way to get a bargain, buy a few items from the same person and they will almost always let you combine shipping.

I agree, the ridiculous prices usually come about by a combination of overstatement from the seller and ignorance from the buyer. I, too, have paid too much on occasion (the guy selling the Willow soundtrack said it was out of print, and I bid about $30 as a newbie....later found it on Amazon.com for $12! Now I check prices first.)

I also agree with Cycletourist that it's a wonderful place to get books. I found three books I've been looking for for years, and bid unopposed for them. (Hardcovers of Mistress Masham's Repose by TH White, Once On A Time by AA Milne, and The Casting Away of Mrs. Lecks and Mrs. Aleshine by Frank Stockton. I also got Animation in 12 Hard Lessons for $41--I was bid against--and the lowest I saw that on the used-book search sites was about $90.)

Astra
04-23-02, 09:24 AM
My little brother once told he how exciting and cool it was that he had got a Panasonic DVD player on eBay. The look on his face when it arrived and it was an oldish twin speed computer drive was priceless :lol:.