SOLD 1966 U13 Roadster (mine)

[Beer and Fish]

I am listing the U13 again. Please keep the comments positive. The truck is true and straight.

 

[Beer and Fish]

http://www.ebay.com/itm/172126361140?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

 

[k13evin]

I just seen that on eBay. Man that rig is nice. Hope it sells man, good luck

 

[Okbroncoman]

I thought you sold it?

Did someone flake on it and not go thur with the sale.

That is a nice bronco.

 

[Beer and Fish]

No, I ended the auction because the high bid was a bit low and I got cold feet with it being no reserve... I'm being realistic with the price because we have some debt to clear up...

 

[Beer and Fish]

Got a bid of $20K. I would like a solid $30K for it. Does that sound about right?

 

[Beer and Fish]

Bump to the top

 

[hyghlndr]

Selling no reserve then cancelling because you don't like the bids is lame at best....

 

[ClintEastwood]

how do the dynamics of the sale work, reserves and no reserves. I never quite understood that since you can cancel an auction if you don't get what you wanted...is that not sort of like a reserve anyways?

Or are buyers less likley to bid if there is a reserve? not sure I understand the dynamic...

 

[Okbroncoman]

Selling no reserve then cancelling because you don't like the bids is lame at best

I think it's his bronco, so he can do what he wants to.
I am sure it's not the first time someone has done it.

I think $28,000.00 would be the top end for it.
But, I am no expert just a guy throwing out his opinion.

 

[BajaFresh75]

Under item condition it says "no reserve", then right below the price it says "reserve not met". This auction has a reserve, so I'm not sure what's going on.

 

[Beer and Fish]

It won't let me go back and edit the description part that says "no reserve". It was still there from the last listing and I forgot to edit it before I started the new auction. In my ad it clearly states that I have the right to end the auction early, as the vehicle is also listed elsewhere. That is a fact. The bad part about ending a no reserve auction early is the fact that you still must pay eBay the final value fee. If you are anticipating $30K for a no reserve truck and it makes it to $28K and you feel as if the vehicle is worth more than $28K to you it is your option to end the auction and pay the eBay commission on $28K. If I run a reserve auction and make the reserve $30K and the auction only makes it to $28K then you only pay the listing fee, not the final value fee. I don't want to argue with anyone on here anymore. I hope this makes sense.

 

[ClintEastwood]

ahh I get it now, thanks for the info i never quite got how that part of auctions worked. so it's more of downside to the seller than anything. Very interesting thanks bnf

 

[ECEB]

how do the dynamics of the sale work, reserves and no reserves. I never quite understood that since you can cancel an auction if you don't get what you wanted...is that not sort of like a reserve anyways?

Or are buyers less likley to bid if there is a reserve? not sure I understand the dynamic...

With real estate and vehicles on eBay the auction is a non binding sale but eBay doesn't want them to appear that way or no one would bid. Real Estate requires written contracts via the statute of frauds and I assume that some states have something similar with vehicles plus lemon laws.

My eBay confession:

I was never a "car guy" and two years ago I bought a 72 tidewater aqua bronco. I drove it back from Jersey with a friend in my pickup. It was stock with manual steering and brakes. I had no experience driving 3 on the tree or drum brakes. I could see all of the imperfections and quirks and after the 4 hour or so drive I thought to myself "what am I doing, I am not a car guy" so I listed it on eBay the next morning.

I continued to drive it to work each day and then the auction was starting to come to a close and there were significant bids coming in and I had the opportunity to almost double my money. I realized at that point that I loved the friggin thing and I couldn't sell it. The buyer took a couple of days to call which and didn't deposit in 24 hours per the auction but I returned his call and he really wanted it. I told him that I was having trouble with it dropping out of gear (something in the column was wearing out) and a rock had hit the windshield (true) and taken out a small chip. He knew that I had cold feet and was super cool and said that if ever I sell it to call him.

That was 2.5 years ago and I am working on a half cab now. I don't know if I am car guy but I love broncos and I haven't called him.

 

[kyle]

I believe the other part of the rule is you can only end the auction if there are more than 12 hours left if there are bids, and end any time with no bids.

Nice Bronco.

 

[Beer and Fish]

That is correct.