Check out this ebay sale!

rh71

No Lifer
Aug 28, 2001
52,844
1,049
126
So how will this turn out ? Doesn't the winner actually have to pay ?
 

Kenny

Platinum Member
Oct 12, 2002
2,567
0
76
Here is another auction by the same seller.

The same buyer is winning both, I wonder if eBay will do anything to him.
 

CommCR

Senior member
Oct 18, 2002
204
0
0
Here's how you calculate your Final Value Fee :

1.) If your item sold for $25 or less, your Final Value Fee is 5.25% of the final sale price.

If you item sold for more than $25, please follow the next steps:

2.) Take 5.25% of the first $25 of your final sale price.
3.) Take the additional amount from $25.01 to $1,000, and calculate 2.75% out of that amount.

If your item did not sell for more than $1,000, please add your calculated results from step 1 & 2. This will be your final value fee.

4.)If your final value was more than $1,000, take that additional amount and calculate 1.5% of the remaining amount.
Add the amounts together, from steps 1, 2, and 3, and you have your Final Value Fee!

Well here's a little quick math on the going price vs final Value fee at present price of $911,107.

1.) N/A
2.) 25 * .0525 =$1.3125
3.) (1000-25) = 975 * .0275 =$26.8125
4.) (911,107 - 1000) 910,107 * .015 =$13651.605

total = $13679.73

Hope the buyer pays....lol
 

abracadabra1

Diamond Member
Nov 18, 1999
3,879
1
0
Originally posted by: rh71
So how will this turn out ? Doesn't the winner actually have to pay ?


You don't have to pay...but the seller can post negative feedback.

However, the seller is going to get mondo owned by the commission that ebay takes from sales.
 

CommCR

Senior member
Oct 18, 2002
204
0
0
Originally posted by: abracadabra1
Originally posted by: rh71
So how will this turn out ? Doesn't the winner actually have to pay ?


You don't have to pay...but the seller can post negative feedback.

However, the seller is going to get mondo owned by the commission that ebay takes from sales.


EDIT!!!!

2.) 25 * .0525 =$1.3125
3.) (1000-25) = 975 * .0275 =$26.8125
4.) ($2,000,300.01 - 1000) 1999300.01 * .015 = $29989.5001
 

00Jones

Banned
Jul 15, 2001
800
0
0
When I posted this awhile ago, Ebay stopped the auction. So I am sure they will do it again. :(