The eBay fever... - BMW Luxury Touring Community
 
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post #1 of 12 Old Dec 9th, 2007, 4:26 pm Thread Starter
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Exclamation The eBay fever...

A seller is listing the following Item number: 270193450563
BMW Part No. 52537655798. List $243 $20 UPS to lower 48 on eBay.
About 30 minutes before the auction end the current bid is already $255.00!!!
What are people thinking!!!???

The ad says "Brand New in Box. Never Used. Flawless. Bid with confidence. Save big over list."

Gilles & Kathy
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For her I climbed the highest mountain!
For her I swam across the deepest ocean!
For her I walked through the largest desert!
And then she left me... She said I was never home!!!


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post #2 of 12 Old Dec 9th, 2007, 5:16 pm Thread Starter
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Newsflash...

The item sold for $260.00! What a deal on a list $243.00 item new from the dealer!!!
Now be sure to fork over another $20.00 for shipping!

I guess Joe is right to advocate supporting your local dealer. In the end you save money over the eBay prices!

Gilles & Kathy
BMWMOA# 154719
IBA# 71594
2011 Ostra Gray RT
06 Mercedes-Benz E350 Estate (parts and people hauler)
2012 BMW X3 (parts and people hauler)
86 Porsche 911 Cabriolet (my "new" baby)



For her I climbed the highest mountain!
For her I swam across the deepest ocean!
For her I walked through the largest desert!
And then she left me... She said I was never home!!!


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post #3 of 12 Old Dec 9th, 2007, 5:20 pm
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Hey, Gilles.. looks like someone slung some good bait over the gunwales and the feeding frenzy hit...

If you've ever seen that happen in real life, you can understand the e-buy and HD thing.

...............
J.M.J...
Dcn Channing

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post #4 of 12 Old Dec 9th, 2007, 5:42 pm
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Quote:
Originally Posted by zippy_gg
A seller is listing the following Item number: 270193450563
BMW Part No. 52537655798. List $243 $20 UPS to lower 48 on eBay.
About 30 minutes before the auction end the current bid is already $255.00!!!
What are people thinking!!!???

The ad says "Brand New in Box. Never Used. Flawless. Bid with confidence. Save big over list."
The buyer looks to be from overseas. Might be the only way he could get one...

__________
2016 R1200GS Adventure
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2007 G650 X Challenge
2006 GT200
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post #5 of 12 Old Dec 9th, 2007, 6:26 pm
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He got a good deal - prices for parts in Europe are crazy - especially when you consider the Euro he only paid $177.00.

It pays to shop the USA!

(The only real issue he may have might be Duty - it can get pretty wild. I got reamed at the Canadian border one time importing a couple of aircraft for $4,500.00 CASH on the barrelhead.)


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post #6 of 12 Old Dec 9th, 2007, 7:13 pm
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At Chicago BMW with their 20% discount to part lists for $193. In euros that works out to $131.89.


Nice Deal Guy!

Rob V.B.
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post #7 of 12 Old Dec 9th, 2007, 11:33 pm
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Quote:
Originally Posted by zippy_gg
....I guess Joe is right to advocate supporting your local dealer. In the end you save money over the eBay prices!
Depends on WHO your local is. Are they doing a good job of repair, the first time? Are they TCoB by taking care of their customers?

Gilles, I support my local dealer cause they are doing all the above + at a reasonable price. Of course, you know who my local "boutique" dealer is. They've "ONLY" been selling BMW M/C's for 60 years!

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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post #8 of 12 Old Dec 10th, 2007, 6:45 pm
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Quote:
Originally Posted by RVB1019
At Chicago BMW with their 20% discount to part lists for $193. In euros that works out to $131.89.


Nice Deal Guy!
It just gets curiouser and curiouser...

BMW makes the parts in Germany (well,,,, some of them) and artificially "fixes" and inflates the price in Europe. They ship them to the USA where they sit in a warehouse in North Carolina awaiting a buyer. I Email BMW Chicago and give them my credit card number - and it is charged only when the parts actually sell, and buy them at 20% off "list". They agree to drop ship anywhere in the world for a small additional fee but never touch or own the parts. I advertise the parts on Ebay as a great bargain. A customer in Spain thinks he's got a great deal (and indeed he DOES) and pays in dollars bought with Euros. Ebay makes a small commission for marketing and I've made a huge profit. I never touch the parts and don't have to carry inventory. I pay for shipping to Spain via Chicago BMW using my discounted UPS linked PayPal account linked to my Ebay account. (Ebay wins AGAIN since they own PayPal). BMW puts the money back into their bank account in Munich - only a few hundred miles from the customer in Spain. The only guy that gets screwed is my credit card company since I "borrowed" the money from them on a 30 day float paying no interest since I pay my account in full evey month.

Hey - somebody's got to take it in the ***. Too bad, could not happen to a nicer business.

I also automatically get a larger line of credit from my credit card company (and tons of frequent flyer miles for free) so I can "buy" increasingly larger amounts of "inventory" and possibly negotiate a larger discount from Chicago BMW in the future.

(almost) everyone is happy!

Who says the devalued dollar is an economic issue?

I REALLY need to start a new business...


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Last edited by RonKMiller; Dec 10th, 2007 at 6:53 pm.
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post #9 of 12 Old Dec 10th, 2007, 7:58 pm
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Step away from the computer! Put down the cup of coffee!

No More Caffine for Ron!

Now, go ride your bike or something! You're thinking waaaaaayyyyyy too much about this?



Hello, Chicago BMW, Have I got a deal for you.........

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post #10 of 12 Old Dec 11th, 2007, 12:59 am
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Quote:
Originally Posted by RonKMiller
It just gets curiouser and curiouser...

BMW makes the parts in Germany (well,,,, some of them) and artificially "fixes" and inflates the price in Europe. They ship them to the USA where they sit in a warehouse in North Carolina awaiting a buyer. I Email BMW Chicago and give them my credit card number - and it is charged only when the parts actually sell, and buy them at 20% off "list". They agree to drop ship anywhere in the world for a small additional fee but never touch or own the parts. I advertise the parts on Ebay as a great bargain. A customer in Spain thinks he's got a great deal (and indeed he DOES) and pays in dollars bought with Euros. Ebay makes a small commission for marketing and I've made a huge profit. I never touch the parts and don't have to carry inventory. I pay for shipping to Spain via Chicago BMW using my discounted UPS linked PayPal account linked to my Ebay account. (Ebay wins AGAIN since they own PayPal). BMW puts the money back into their bank account in Munich - only a few hundred miles from the customer in Spain. The only guy that gets screwed is my credit card company since I "borrowed" the money from them on a 30 day float paying no interest since I pay my account in full evey month.

Hey - somebody's got to take it in the ***. Too bad, could not happen to a nicer business.

I also automatically get a larger line of credit from my credit card company (and tons of frequent flyer miles for free) so I can "buy" increasingly larger amounts of "inventory" and possibly negotiate a larger discount from Chicago BMW in the future.

(almost) everyone is happy!

Who says the devalued dollar is an economic issue?

I REALLY need to start a new business...
Sooooooooooooooooooo Ron, how is the seat business, lately? A little too much time on your hands?

The dude in Spain is free to email Chicago BMW also. I know, too easy! it's much more fun being ripped off on ebay!

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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post #11 of 12 Old Dec 12th, 2007, 12:15 pm
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Quote:
Originally Posted by RonKMiller
The only guy that gets screwed is my credit card company since I "borrowed" the money from them on a 30 day float paying no interest since I pay my account in full evey month.
In the UK, the credit card company charges the receiving dealer a commission of between 1% and 5% so I suppose they win too.

Is this not the same procedure in the USA?

Just pussin' through.
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post #12 of 12 Old Dec 12th, 2007, 1:34 pm
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Quote:
Originally Posted by Ajlelectronics
In the UK, the credit card company charges the receiving dealer a commission of between 1% and 5% so I suppose they win too.

Is this not the same procedure in the USA?
You are correct, sir. Whomever eventually handles the credit transactions does pay a percentage. Ron will lose a small percentage to Paypal for the commercial account credit transaction from the guy in Spain if he uses a credit card for the purchase. Chicago BMW will lose a small percentage accepting Ron's card for the purchase of the original part. Nearly everyone picks up a small piece of change along the way. Let's not forget about the guy in Spain getting jacked on the fixed exchange rate from his credit card company along with customs and import tariff charges. Once it's over $50 its no longer a "gift" or "sample" for declaration purposes. Still, it could be a good value to him if the parts are hard to get or he lives in a remote area requiring expensive travel to a major city. Gas is about $3.00 a liter in Spain at the moment. In the end, it could be the essense of what good business should be. Chicago makes a profit, Ron makes a profit, and the end customer is happy with what they paid and the timely and specific delivery nature of the transaction. "Just in time" material logistics is a very common concept in business today and its interesting to see how far down the commerce foodchain it has developed. Its all good.

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