If he sold it on ebay he's end up paying around 10% on fees when you factor in listing cost, final value fee, paypal and whatever else. If it's $950 on ebay 850 privately is more reasonable than 925.
James wrote:If he sold it on ebay he's end up paying around 10% on fees when you factor in listing cost, final value fee, paypal and whatever else. If it's $950 on ebay 850 privately is more reasonable than 925.
Ebay caps the final value fee of 10% at $500. So even if your guitar sells for $1000 you still only pay $50 for final value fees. I sold my stingray in december and paid around $60 in fees between final value, extra pictures, reserve price, and listing fees off of the $860 sale price. Then Paypal takes an addition 3% or something like that. So I think off of that guitar after ebay and paypal fees I wound up with about $780. I didn't factor in fees when I figured it would go for about $850- $900. Had I thought about those fees, I would have just put it up on craigslist for $800 and it probably would have sold pretty quickly.
James wrote:If he sold it on ebay he's end up paying around 10% on fees when you factor in listing cost, final value fee, paypal and whatever else. If it's $950 on ebay 850 privately is more reasonable than 925.
Ebay caps the final value fee of 10% at $500. So even if your guitar sells for $1000 you still only pay $50 for final value fees. I sold my stingray in december and paid around $60 in fees between final value, extra pictures, reserve price, and listing fees off of the $860 sale price. Then Paypal takes an addition 3% or something like that. So I think off of that guitar after ebay and paypal fees I wound up with about $780. I didn't factor in fees when I figured it would go for about $850- $900. Had I thought about those fees, I would have just put it up on craigslist for $800 and it probably would have sold pretty quickly.
Even with that cap you paid 9.3% in fees if you took $780 from $860. The last time I sold a range of stuff the fees came in at between 12 and 17%, with the items being £20-80 or so. It's definitely worth keeping in mind when buying and selling with ebay. There's a noticeable lack of stuff on ebay UK compared to a few years ago before the last big fee increase.
JJLipton wrote:Everytime you sell a beautiful guitar like that...i die a little inside . No worries though, ive thought about selling my 58RI plenty of times
I'm sad too .Show me a picture of your R8 too cheer me up.
Actually,I'm not really sad cuz I got 25 Benjamins for it and I still have 4 guitars