Author Topic: Common practice on Ebay?  (Read 770 times)

0 Members and 1 Guest are viewing this topic.

Offline Tews19

  • I am no
  • Really Old Timer ...
  • *******
  • Posts: 6,433
Common practice on Ebay?
« on: April 03, 2012, 07:59:22 AM »
I have always been learing in regard to ebay. Can people purposely bid on their own products to increase the prices? At times there are people with multiple bikes or parts on there and always seem to have the same people bidding on products. You are able to see bid history and although it doesn't give the full name it gives enough to see who is bidding.

This seems shady but when they sell bikes, same individuals bid on multiple bikes from the same seller. Do people here think it is OK to do this? Have any of you had people bid on your products to bring the prices up?


Sometimes it nips the seller in the butt as the product won't sell after bringing up the price and relisted within hours of an auction ending..
1969 Honda CB750... Basket case
1970 Honda CB750 survivor.

Offline Duke McDukiedook

  • Space Force 6 Star General
  • Really Old Timer ...
  • *******
  • Posts: 12,688
  • Wish? Did somebody say wish?
Re: Common practice on Ebay?
« Reply #1 on: April 03, 2012, 09:25:34 AM »
Straw buyers to help ramp up the price, that is why FeEbay is not the greatest place to judge selling/buying prices.
That and people on the FeEbay seems to have more money than sense.
"Well, Mr. Carpetbagger. We got somethin' in this territory called the Missouri boat ride."   Josey Wales

"It's Baltimore, gentlemen. The gods will not save you." Ervin Burrell

CB750 K3 crat | (2) 1986 VFR750F

Offline lone*X

  • Expert
  • ****
  • Posts: 1,124
Re: Common practice on Ebay?
« Reply #2 on: April 03, 2012, 09:34:05 AM »
Shill (sp?) bidding is against the rules but happens all the time. 
« Last Edit: April 03, 2012, 09:35:47 AM by lone*X »
Lone*X  ( Don )

75 CB550K1  
VTX1800C for two up cruisin.
Several others have come and gone but whose keeping track.
52 years on two wheels and counting.....
"The best safety feature of any motorcycle is the one God put between your ears.  It's also the least utilized"

Offline Really?

  • I've come to the conclusion that I AM a
  • Really Old Timer ...
  • *******
  • Posts: 5,298
Re: Common practice on Ebay?
« Reply #3 on: April 03, 2012, 09:56:48 AM »
See it a lot.  Same few accounts bidding on each others products to raise the bid.  Then, you become the second bidder because the high bidder flaked.
I don't have a motorcycle, sold it ('85 Yamaha Venture Royale).  Haven't had a CB750 for over 40 years.

The Wife's Bike - 750K5
The Kid's Bike - 750K3

Offline Greggo

  • Somebody's
  • Old Timer
  • ******
  • Posts: 4,164
  • Helmets Save Lives. Period.
Re: Common practice on Ebay?
« Reply #4 on: April 03, 2012, 10:20:34 AM »
Common practice in big car auctions, especially big $$$ auctions.  I catch that show 'chasing classic cars' on HD Whatever sometimes and he mentions it during the bidding that he doesn't think they have a 'real' bidder.  It can be effective to a point, but if the seller doesn't want to let the item go for less than what the 'shill' is bidding, and they have a reserve in place and no other bidders, it makes sense to me.  The auctioneer keeps calling out bids, as though two people are going against each other, until they're close to the reserve, and hope a real bidder gets interested enough and carries the torch to the finish line.  Notice how they'll NEVER bid above the reserve, so if there's no real bidder, there's no sale.   If NO ONE is bidding on an item in a face to face auction, it's awkward, and becomes the job of the auctioneer to move the show forward.  But, a seller getting into a bidding war with a buyer to drive up the final price of an online auction would be a dirty move.

Offline Jerry Rxman Griffin aka MuthaF'er

  • This MuthaF'er is getting to be a
  • Really Old Timer ...
  • *******
  • Posts: 14,939
  • Bought her new 4/75
Re: Common practice on Ebay?
« Reply #5 on: April 03, 2012, 10:45:22 AM »
I've been watching and bidding on unobtainable NOS CB750 parts for 4+ years for my restore. During that time I've had at least 2 guys that appear to be serious bidders smoke me MANY times over. I bid some nice serious cash for some of these too knowing that it may be one and only chance to get that piece. These guys have very high limits set and always get me with their proxy bids at the last 6 seconds. PISSES ME OFF!!  ;) >:(  I try to get my final bid in at under 5 seconds to beat those damned proxy bid computers. Downside to that is I only get one chance at hitting that bid button and their limits can kick my ass. Always makes me wonder iof they are serious restorers or they collecting a NOS parts stash. If they want the same part that bad I make them pay big bucks.
As of today 3/13/2012 my original owner 75 CB750F has made it through 3 wives, er EX-wives. Free at last.  ;-)

Offline greenjeans

  • Industrial strengthed dreamer.
  • Old Timer
  • ******
  • Posts: 2,961
  • 1972 CB750K2
Re: Common practice on Ebay?
« Reply #6 on: April 03, 2012, 11:01:10 AM »
I think they are stashing parts.    I feel your pain - I've lost out on a lot of stuff that just went "too high"
Yep, I'm the kid that figured out how to put things back together...eventually.

Offline Greggo

  • Somebody's
  • Old Timer
  • ******
  • Posts: 4,164
  • Helmets Save Lives. Period.
Re: Common practice on Ebay?
« Reply #7 on: April 03, 2012, 11:19:31 AM »
International buyers, and exchange rates can play a big part in that too.