Most Expensive iPad 2 Sold - Shocking

Discussion in 'iPad' started by xfs, Mar 20, 2011.

  1. xfs macrumors member

    Joined:
    Mar 20, 2011
    #1
    So I was just checking eBay to possibly find a good deal for an iPad 2 3G Black. And look what I found. The most expensive iPad sold on eBay, for a whopping $199,999.99. Is that even legal? The description reads:

    I am not going to judge the person who bought it after reading this description.

    Source: eBay
     

    Attached Files:

  2. seanpholman macrumors regular

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    Jul 2, 2007
    Location:
    Huntington Beach, Ca
  3. exileskimer macrumors member

    Joined:
    Sep 30, 2010
    #3
    Don't be an idiot.

    Buyer was trolling and won't pay
     
  4. Cutwolf macrumors 6502

    Joined:
    Oct 11, 2010
    #4
    Come on, not real.

    You really think the buyer paid?
     
  5. Meanee macrumors 6502a

    Joined:
    Mar 8, 2011
    #5
    It's all legit. You are free to sell it for 1 million, if anyone is stupid enough to buy it. With eBay, they really can't force you to pay. They place an Unpaid Item Strike on your account and will close your account once you reach 3 of them. Active buyers may have more.

    So in a nutshell, you can create an eBay account with fake info, buy this out and never pay.
     
  6. Mad Mac Maniac macrumors 601

    Mad Mac Maniac

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    Oct 4, 2007
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    A little bit of here and a little bit of there.
    #6
    wow, now I feel crazy for selling mine for $620. ;)
     
  7. Pballer110 macrumors 6502

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    Nov 3, 2010
    #7
    No way it was a real sale. Not even a rich idiot would spend that much.
     
  8. Meanee macrumors 6502a

    Joined:
    Mar 8, 2011
    #8
    Well, people DID buy the "I am filthy rich" app, or whatever it's called.
     
  9. sammich macrumors 601

    sammich

    Joined:
    Sep 26, 2006
    Location:
    Sarcasmville.
    #9
    You mean 12 year olds who have no idea about the value of money?
     
  10. Jackintosh macrumors 6502a

    Jackintosh

    Joined:
    Mar 21, 2009
    Location:
    Illinois
    #10
    I don't know. For a Saudi sheik worth 10 billion, 200k is small change if he wants something badly right now.
     
  11. Meanee macrumors 6502a

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    Mar 8, 2011
    #11
    Wish when I was 12 year old I had access to an account I can spend a grand on.
     
  12. schmoopy.design macrumors regular

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    Apr 28, 2008
    Location:
    Champaign, IL
    #12
    eBay sucks for this exact reason. People press buy it now and don't pay then eBay expects you to pay to post it again and the process repeats.
     
  13. Meanee macrumors 6502a

    Joined:
    Mar 8, 2011
    #13
    If seller files Unpaid Item case and wins (guaranteed, if no payment is made), relisting is free.
     
  14. schmoopy.design macrumors regular

    Joined:
    Apr 28, 2008
    Location:
    Champaign, IL
    #14
    Still a hassle that you don't have to deal with when using Craigslist.
     
  15. keigo macrumors regular

    Joined:
    Nov 6, 2006
    #15
    maybe the seller gold plated the back of the ipad2... hahaha
     
  16. Meanee macrumors 6502a

    Joined:
    Mar 8, 2011
    #16
    Yes, totally agree. To open and win the case, you need 14 days, roughly.

    CL is definitely better way of selling locally. But no exposure outside of your posted area.
     
  17. gtmac macrumors 6502a

    Joined:
    Jun 25, 2010
    #17
    This is the only proper response.
     
  18. d Fusion b macrumors member

    d Fusion b

    Joined:
    Feb 11, 2010
    Location:
    New Jeresy
    #18
    Big deal if he did lol.. It would only add $250 at MOST.
     
  19. imutter macrumors 6502

    imutter

    Joined:
    Mar 12, 2011
    Location:
    Somewhere between Baltimore and DC
    #19
    OK PERSONNE SERIEUSE Member id buelinckx123 ( Feedback Score Of 77) Mar-14-11 10:55
    Feedback was revised on Mar-15-11 12:54
    iPad 2 Wi-Fi Black (16 GB) w/Blk Leather Smartcover NIB (#200585887282) US $199,999.99 View Item

    this was the feedback on the item
     
  20. Meanee macrumors 6502a

    Joined:
    Mar 8, 2011
    #20
    It could be someone "Buying" it just to give the seller a bad feedback, call them an idiot, whatever. But according to eBay rules, unless you pay, you cannot leave negative feedback. So eBay could've simply taken action against buyer.
     
  21. keigo macrumors regular

    Joined:
    Nov 6, 2006
    #21
    or maybe the seller throw in a back cover that is glue with many 1 cartat diamond....
     
  22. disarticulate macrumors regular

    Joined:
    Jun 21, 2010
    #22
    This is classic market manipulation by resellers posing as buyers. They create bogus eBay accounts and bid extraordinarily high amounts on iPad 2s with no intention of ever paying. They may even use a bogus account to list an iPad, and bid on their own item with a different account.

    It drives the perceived market value higher, so that their own auction-style listing will sell for more. It's borderline fraud if you ask me. eBay turns a blind eye because it boosts their commission fees.

    Protect yourself by only buying from an auction-style listing. Click on the "bids" link to evaluate who has been bidding on the item. If there are only a couple bidders, each of whom have 0 feedback, you are likely looking at an auction that is being used to drive the market value higher. Also make sure the item your bidding on has an actual photo of the iPad and that photo has the listers name in it to prove that they own that photo and didn't just copy it from another listing.

    Want to counteract the fraudulent market manipulation? There are two things you can do. 1) Complain to eBay. 2) Do the opposite and create false listings for iPad 2s with buy-it-now prices closer to the MSRP (well below current market value).
     
  23. mayhone1 macrumors regular

    Joined:
    Mar 12, 2011
    Location:
    Wisconsin
    #23
    No one paid that. Someone probally just got sick olf the bull **** and offer it to the guy and than never paid, it happens alot.
     
  24. disarticulate macrumors regular

    Joined:
    Jun 21, 2010
    #24
    I don't particularly condone reselling iPad 2s on eBay right now, but if you need money that badly, here's how to protect your listing from non-paying bidders.

    When listing your item, you can choose "bidder restrictions". Check the box that says "Only allows bids from accounts linked to PayPal." This will do a pretty good job of keeping the non-paying bidders away.
     
  25. TW!SM macrumors regular

    Joined:
    May 10, 2009
    #25
    And you can also require immediate payment via paypal so the auction won't end until payment is made.
     

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