eBay sales

Discussion in 'Apple Watch' started by rossy100, Apr 23, 2015.

  1. rossy100 macrumors 6502

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    Mar 23, 2011
    #1
    Whether you agree or not with it.....we know there are going to plenty of Apple Watches on eBay over the next few days. I have no intention of selling mine.... but out of sheer curiosity have been tracking a few to see what they are going for.

    Results are interesting and perhaps not as expected. That said, most of the listings I've seen have received no bids - presumably because buyers are waiting for the sellers to actually have the item in hand before purchasing.

    A few that I noticed....

    Apple Watch Sport 42mm sold for £420 (£349 retail)
    Apple Watch SS 42mm, sport band sold for £575 (£519 retail)
    Apple Watch SS 38mm Sport band sold for £480 (£479 retail)
    Apple Watch Sport 38mm sold for £449 (£299 retail)

    With the possible exception of the latter, none of the above strike me as being particularly successful sales - especially when deducting the 10% eBay fees. The third one actually makes a loss!!

    Am sure there are some who are making profits - but it seems it is not as 'easy money' as some may suggest.
     
  2. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #2
    Looks like some of the sellers that noted they would receive and ship the watch on 24th will be issuing refunds but that is what you get for taking a gamble with a two week delivery window. Feel bad for eBay buyers that believed it was a for sure thing like some sellers made it out to be. On the flip side of you do have one delivering tomorrow you could probably make extra profit at this point if listing to ship same day.
     
  3. tkukoc macrumors 6502a

    tkukoc

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    Sep 16, 2014
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    #3
    Once people see the actual product photos on ebay showing they are in hand, the prices will go higher. I can see people paying more to have it guaranteed in their hand before their actual shipping date of say June. Some people don't care about money and would rather have it based on time. Can't say either is a wrong way of thinking.
     
  4. twisted-pixel macrumors 6502a

    twisted-pixel

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    Sep 13, 2009
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    San Jose, CA
    #4
    for this reason, I would never buy anything from ebay that the guy didn't actually have to sell.
     
  5. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #5
    Good point! Even if they say they have an item in their hands you never know for sure.
     
  6. JayLenochiniMac macrumors G5

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    Nov 7, 2007
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    New Sanfrakota
    #6
    Not to mention the risk of getting a bad buyer who will screw you and leave you holding the bag. I have no idea why some people here are suggesting ebaying it rather than return it for a full refund if you don't want it.
     
  7. ericgtr12 macrumors 6502a

    ericgtr12

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  8. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #8
    If my 42mm SG Sport was coming tomorrow and I could sell for double the price to end up with a free one I still wouldn't because wouldn't want to wait for it LOL
     
  9. LiemTa macrumors 6502

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    Jun 2, 2014
    #9
    This. eBay sides with the buyer 99% of the time. They say "I never got it" and you're out the price of the watch.
     
  10. KauaiBruce macrumors 6502a

    KauaiBruce

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    Jul 5, 2007
    Location:
    Kauai, HI
    #10
    I checked a few days ago and put watches on a few just to see what happened. I noticed some that had bids pretty high end with unsold because the reserves were not met. I guess a few were REALLY greedy.
     
  11. kovey macrumors 6502a

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    Apr 10, 2011
    #11
    This is a bit of nonsense since Paypal provides seller protection if you ship with direct recipient signature requirement and delivery confirmation. Nobody can simply shrug and say they didn't receive it. That's not acceptable to Paypal.
     
  12. starbot macrumors regular

    Joined:
    Jan 20, 2005
    #12
    Don't flame me... I got up at 3am and did not intend to sell, but when the opportunity rings!

    Sold a white sport for $609... was sitting at $649 un-touched for a while.

    Call me greedy, but $609 sale price - $423 purchase price - $61 eBay fee - $12 free Priority shipping = $123 profit for getting up in the middle of the night and posting. Calling it fair. (Apple profits, UPS profits, I profit, buyer gets what he wants, when he wants it).
     
  13. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #13
    Not true especially if buyer files a credit card dispute. PayPal will then say it's out of their hands. Even if you prove delivered a buyer can claim nothing in the package or not as described. I know this from selling on eBay for over 12 years. There usually aren't issues but you are always taking a risk. In the end there really isn't true seller protection from either eBay or PayPal. On their forums you will find some real horror stories from long time reputable sellers getting ripped off for large sums of money.
     
  14. kovey macrumors 6502a

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    Apr 10, 2011
    #14
    What you don't hear is the countless transactions that go through without issue. Complainers are always louder. Take some precaution shipping to a weird address or suspicious accounts (no zero-feedback people) and you'll be fine.
     
  15. Jman14 macrumors 6502

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    Apr 17, 2008
    #15
    If I can find a 42MM Space Gray Sport or 42MM Apple Watch Stainless Steel with any of the band for $150-$200 on eBay, I would buy one to have it beginning of next week.

    I guess it just depends on the person, to someone like me who's current watch is broken... And awaiting for an order, to me its worth the money to have a watch again!
     
  16. LiemTa macrumors 6502

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    Jun 2, 2014
    #16
    I would rather have an Apple Watch than be $123 richer.
     
  17. frumpy16 macrumors 6502a

    frumpy16

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    Dec 8, 2008
    #17
    You forgot about the PayPal fee which is HIGHER than eBay's. Unless you let them pay by check or something... lol
     
  18. LiemTa macrumors 6502

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    Jun 2, 2014
    #18
    Except if you do that.
     
  19. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #19
    Even with these precautions you can still be scammed with no recourse but like I say there usually aren't issues. Just trying to put out the fact that you aren't truly protected from either eBay or PayPal as a seller and there are times when you can do everything totally correct and get scammed. Sad but absolutely true.
     
  20. Beechy macrumors member

    Beechy

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    Apr 21, 2015
    Location:
    Stoke, UK
    #20
    I ordered two white 42mm sport watches. I sold my second one on eBay earlier for £570 (retail £339). After ebay / paypal fees that's £151 pure profit
     
  21. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #21
    eBay fee is about 12% and PayPal 2%
     
  22. kovey macrumors 6502a

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    Apr 10, 2011
    #22
    This is also false. eBay's fees on $700 for example is $70. Paypal's fees on $700 is $20.
     
  23. JayLenochiniMac macrumors G5

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    Nov 7, 2007
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    New Sanfrakota
    #23
    To be fair, all my iPhone ebay transactions have been successful but they were used iPhones. I have several safeguards in place so I can actually leave PayPal holding the bag if i do get a bad buyer, but it's not worth the risk with brand new devices.
     
  24. macgeek01 macrumors 6502a

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    Apr 2, 2013
    #24
    Even if you take the money out of PayPal then can do a charge back on your account. You will then need to pay them back or lose your account and get bad credit/sent to collections. Once again problems are rare can occur.
     
  25. JayLenochiniMac macrumors G5

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    Nov 7, 2007
    Location:
    New Sanfrakota
    #25
    Notice I wrote I have safeguards in place. I don't have a checking account linked and I'll cancel the CC on file so they can't dip into that either. PayPal isn't a lending institution so they have no real power to collect, but they can threaten. I'll just contest the debt as not valid, but I seriously doubt they'll sic collections on me in an obvious case of a bad buyer (which I'll have evidence of to file a counterclaim).
     

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