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buying at full price an listing on ebay, HELP!

imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
i was thinking of buy a iphone 5 32gb at 750$ an selling it on ebay at 1250$, do i have to buy a plan with my iphone 5 if i buy it at full price in the SPRINT store on friday at 7am? has anyone bought at full price an sold an iphone for more money on a website before? im trying to make some money in order to buy my iphone 5 because i dont have enough money right now. got any advice?
 
K

KimMelton661

macrumors 6502
Sep 13, 2012
257
0
imjoee said:
i was thinking of buy a iphone 5 32gb at 750$ an selling it on ebay at 1250$, do i have to buy a plan with my iphone 5 if i buy it at full price in the SPRINT store on friday at 7am? has anyone bought at full price an sold an iphone for more money on a website before? im trying to make some money in order to buy my iphone 5 because i dont have enough money right now. got any advice?
Click to expand...

I'm so confused.
You want to buy an iPhone 5 and sell it, then buy another iPhone 5 because you don't have enough money to buy one now?
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
KimMelton661 said:
I'm so confused.
You want to buy an iPhone 5 and sell it, then buy another iPhone 5 because you don't have enough money to buy one now?
Click to expand...


***TO CLEAR EVERYTHING UP***
yes, i have 250$ now which isnt enough to buy a new 32gb iphone 5. i want to buy one at 750$ an sell it for 1250 so i can get my 750$ an get 500$ to put towards my iphone 5. i dont have enough money because im 16 an my parents would help pay for the one i want to sell online
 
greytmom

greytmom

macrumors 68040
Jun 23, 2010
3,566
1,002
imjoee said:
***TO CLEAR EVERYTHING UP***
yes, i have 250$ now which isnt enough to buy a new 32gb iphone 5. i want to buy one at 750$ an sell it for 1250 so i can get my 750$ an get 500$ to put towards my iphone 5. i dont have enough money because im 16 an my parents would help pay for the one i want to sell online
Click to expand...

This still makes no sense. Just use the $250 to get a 16g and call it a day.
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
christyn said:
Keep in mind you will likely owe paypal/ebay at least $150 in fees
Click to expand...

ok, thank you. definitely will wait till january when im eligible to get it. thanks for the feedback, almost spent 750$ on a phone.

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greytmom said:
This still makes no sense. Just use the $250 to get a 16g and call it a day.
Click to expand...

i can't my contract says it will cost me 650$ for a 16gb. i still wont have enough i would need about 350$ more
 
i-John

i-John

macrumors 6502a
Jul 14, 2008
691
84
The Republic of Texas
imjoee said:
***TO CLEAR EVERYTHING UP***
yes, i have 250$ now which isnt enough to buy a new 32gb iphone 5. i want to buy one at 750$ an sell it for 1250 so i can get my 750$ an get 500$ to put towards my iphone 5. i dont have enough money because im 16 an my parents would help pay for the one i want to sell online
Click to expand...

Still doesn't make an ounce of sense. If you only have $250, how are you going to buy one for $750?
 
K

kilj0y

macrumors member
Apr 4, 2012
51
0
Then you have to assume that it would sell, who says that anoyne is willing to buy one at that price? If they they do 9/10 they will be overseas so that is more money in shipping.

Best advice do not do it, just save up and buy one you can truely afford without needlessly jepordizing yourself to eBay and the scammers that can easily say they did not recieve it or whatever and they end up with your phone and their money.
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
i-John said:
Still doesn't make an ounce of sense. If you only have $250, how are you going to buy one for $750?
Click to expand...

i would sell the 750$ one on ebay for 1250 an get 500$. which would give me enough to buy the 32gb iphone .
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
kilj0y said:
Then you have to assume that it would sell, who says that anoyne is willing to buy one at that price? If they they do 9/10 they will be overseas so that is more money in shipping.

Best advice do not do it, just save up and buy one you can truely afford without needlessly jepordizing yourself to eBay and the scammers that can easily say they did not recieve it or whatever and they end up with your phone and their money.
Click to expand...

thank you, ive decided to not do it considering the fees i would have to pay ebay.
 
greytmom

greytmom

macrumors 68040
Jun 23, 2010
3,566
1,002
Kiddo, you can't count on some future buyer. If your parents are willing to give you the money for this harebrained scheme, why wouldn't they simply loan you less money to buy one that you will keep, and let you work it off to pay them back?
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
greytmom said:
Kiddo, you can't count on some future buyer. If your parents are willing to give you the money for this harebrained scheme, why wouldn't they simply loan you less money to buy one that you will keep, and let you work it off to pay them back?
Click to expand...

i also am saving up to buy a mba
 
i-John

i-John

macrumors 6502a
Jul 14, 2008
691
84
The Republic of Texas
imjoee said:
i would sell the 750$ one on ebay for 1250 an get 500$. which would give me enough to buy the 32gb iphone .
Click to expand...

You do realize that if you sell something on ebay, you don't get the money until they get their phone?
On large purchases, paypal holds the money and doesn't release it until the customer is content with the phone.

So, with that in mind, you'd have to buy the phone before you'd get your money on ebay... or you're expecting a complete moron to buy it without getting it first.
 
B

bryxcore

macrumors newbie
Sep 13, 2012
22
0
lol. theres no way anyone would sell a 32gb iphone 5 for $750 on ebay, at least not this early. By the time you could get one, you wouldnt be able to sell it for 1250. sorry man.
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
i-John said:
You do realize that if you sell something on ebay, you don't get the money until they get their phone?
On large purchases, paypal holds the money and doesn't release it until the customer is content with the phone.

So, with that in mind, you'd have to buy the phone before you'd get your money on ebay... or you're expecting a complete moron to buy it without getting it first.
Click to expand...

yes i know, i rather wait a couple weeks than january. i guess ill have to wait till january
 
greytmom

greytmom

macrumors 68040
Jun 23, 2010
3,566
1,002
imjoee said:
i also am saving up to buy a mba
Click to expand...

If I was your parent, I would encourage you to decide which goal you want to reach first, and then help you decide on sensible ways to reach that goal. You can't always have what you want right away, but you will get there.
 
O

omgitzv2

macrumors member
Sep 11, 2012
62
0
imjoee said:
ok, thank you. definitely will wait till january when im eligible to get it. thanks for the feedback, almost spent 750$ on a phone.

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i can't my contract says it will cost me 650$ for a 16gb. i still wont have enough i would need about 350$ more
Click to expand...

Just ask your parents for the money to buy the 32gb and pay them off monthly.
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
bryxcore said:
lol. theres no way anyone would sell a 32gb iphone 5 for $750 on ebay, at least not this early. By the time you could get one, you wouldnt be able to sell it for 1250. sorry man.
Click to expand...

i saw one sell for 900$ about n hour ago

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greytmom said:
If I was your parent, I would encourage you to decide which goal you want to reach first, and then help you decide on sensible ways to reach that goal. You can't always have what you want right away, but you will get there.
Click to expand...

i rather have a mba, ive been saving up since February an my parents wont let me do a monthly payment with them :(
 
killerrobot

killerrobot

macrumors 68020
Jun 7, 2007
2,239
3
127.0.0.1
imjoee said:
i would sell the 750$ one on ebay for 1250 an get 500$. which would give me enough to buy the 32gb iphone .
Click to expand...

You're forgetting tax plus eBay fees in that equation. The most you'd profit is a few hundred dollars - that's assuming you find someone desperate enough to buy at $1250.

Might be best to wait a while and just buy when your current contract is up or when you've saved enough money.
 
imjoee

imjoee

macrumors 6502
Original poster
Jun 12, 2012
284
0
killerrobot said:
You're forgetting tax plus eBay fees in that equation. The most you'd profit is a few hundred dollars - that's assuming you find someone desperate enough to buy at $1250.

Might be best to wait a while and just buy when your current contract is up or when you've saved enough money.
Click to expand...

I will! I have to wait till January. For the 5
 
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