Los Angeles
Senior Member
Starting April 15th, ebay is matching the "final value fees" that it charges for auction style listings with the fees that it charges for Buy it now auctions.
It used to be that if you sold a guitar for $1500 listing with the buy it now feature, you would be charge roughly $70 for the auction after the item sold, but if you listed it as a regular auction you would be charged 9% as the "final value fee." or $135 (roughly). This was a great encouragement for sellers to list using the buy-it-now feature.
Starting April 15, the fee for a regular auction is raising from 9% to 10% and the fees for a buy it now auction is skyrocketing to the same 10%. That means that what used to cost $70 is now going to cost $150. (Again, I'm using rough numbers here).
So whether you are a buyer or a seller, you're about to see a big hike in the prices to sell a guitar or other similarly priced equipment.
It used to be that if you sold a guitar for $1500 listing with the buy it now feature, you would be charge roughly $70 for the auction after the item sold, but if you listed it as a regular auction you would be charged 9% as the "final value fee." or $135 (roughly). This was a great encouragement for sellers to list using the buy-it-now feature.
Starting April 15, the fee for a regular auction is raising from 9% to 10% and the fees for a buy it now auction is skyrocketing to the same 10%. That means that what used to cost $70 is now going to cost $150. (Again, I'm using rough numbers here).
So whether you are a buyer or a seller, you're about to see a big hike in the prices to sell a guitar or other similarly priced equipment.