I've seen buyers premiums on the "Go Antiques" seller's (live) auctions on ebay. See item # 6569862929 with a 17.5% buyers premium - Steve -----Original Message----- From: ecj [mailto:ecj@peoplepc.com] Sent: Monday, October 17, 2005 10:52 AM To: shelbymustang@carmemories.com; rr.b@rroc.org Subject: Re: Buyer's Premiums on eBay? I can't say I've ever seen this in an E-Bay auction before. I've seen the dealer fee thing before, but the only other things I have seen on E-Bay are new car dealers selling a vehicle over list price and that they don't have the vehicle on-hand yet or a buyer with a deposit on a new car letting you take his place for the vehicle. Jim Seisser -----Original Message----- From: MHeroy@aol.com Sent: Oct 17, 2005 10:00 AM To: shelbymustang@carmemories.com, rr.b@rroc.org Cc: ChrisHeroy@aol.com, DHeroy@bellboyd.com Subject: Buyer's Premiums on eBay? Gang(s), A rare post to both of the marque lists I monitor. Christine just sent me an eBay listing (for furniture, but read on...) for a fairly expensive item that contained a provision for a 22.5% buyer's premium in the terms of sale. Since I had not seen this before, other than the occasional "documentation fee" from car dealers that sell on eBay, I wondered if anyone else had seen anything like this before in an online auction. I know that we put up with buyer premiums in collector car auctions ranging from 8-15%, and they have become the rule in the machinery auctions that I sometimes attend in the course of our business. However, this seller has obviously confused their place in the auction continuum with Christie's or one of the other high-end houses. It goes without saying that any purchaser should read and understand the terms and conditions of sale for items that he buys, and this one was not particularly sneaky. I just didn't expect to see that particular term on an eBay listing. Cheers, Mike Heroy ________________________________________ PeoplePC Online A better way to Internet http://www.peoplepc.com
