An Introduction on eBay – eBay car auction site
EBay has become one of the most popular ways to sell goods currently available in the world. Thanks to eBay, virtually anyone with a computer, an internet connection, and a simple to make eBay account can trade online.
People are free to sell goods, buy goods, sell unwanted goods, buy goods in bulk and sell for profits, whatever the cause, eBay can suit your n needs. The auction site has become so popular over the last few years that the company is now expanding to heights never before imagined by the founders.
EBay is well known around the world and it has users based in many countries. The good thing about eBay is that can sit in the comfort of your own home selling away until your hearts content.
eBay car auction site
Now, on to the car auction side of eBay..
Although eBay is more than just a car auction site as we have discussed above, it is indeed also a very popular car auction site. Many people who trade in cars are turning to eBay to sell their cars.
You can sell cars fast on the eBay car auction site, write out full detail on the car you are selling, offer specific viewing times, and to be honest, probably get a price on your car than you would offline. This is simply because you are advertising your car to much people. You can reach thousands of people via eBay, so the marketing power of the auction site is tremendous.
How long to list the car for on the eBay car auction site
We generally don’t give a guideline to this because it depends on how fast you want to sell the car, however, if you want to advertise to more people for longer, you could put the car on for 10 days, set a reserve price, and see what happens.
A reserve price is simply a price that you wont take any less than, viewers wont get to see this, but lets say your car is worth $2000, and the auction finishes with $1500, you wouldn’t have to sell the car, this means eBay offers some form of protection for sellers who want the money they feel the item is worth.
However, if you don’t set a reserve, you have to sell the car at whatever the auction price is, so if the car sold for $1500, you would have to sell the car for this price.