posted on December 5, 2000 05:29:38 AM
any suggestions on how to avoid non paying high bidders on autos? i'm running about 50% deadbeats. i put in description saying serious bidders only and other paying terms. also to ask questions before bidding. nobody seems to read or listen to anything in my description. after winning bid they want to change the terms and have me hold the car for a month or to pay on time. thanks,,,,,,,phil (pv327 on ebay)
posted on December 5, 2000 07:49:05 AM
Sorry phil due to nature of car buying itself. There is really little you can do to alleviate a 50% deadbeat ratio except of course refine your terms and your descriptions. Also keep in mind buying a car sight unseen is a difficult proposition for the most part so as a seller in that area you need to be able to offer your buyers a wide range of options that lead to closing a deal.
You mention changing the terms in your complaint. What terms are being changed, if you are execting more than 20% down within 5 days of auction ending you are being excessive. If you expect balance in full before the buyer sees the car to inspect it you are being excessive. If you are one of those many sellers you delay answering questions till the last hour of the auction you are setting yourself up for the deadbeat buyer.
And finally some of the blame lies with your fellow sellers in that market. They themselves have voided many a deal to an on the lot sale and forgot to end the auction or didn't bother to end the auction.
I hope this helps you find a solution to get that ratio down to an acceptable level.
posted on December 5, 2000 08:25:09 AM
hypothetically-what if someone won the bidding on an item-a car, a vase or anything, and then found out somehow that the seller was a rascist, a bigot or an anti-semite and couldn't bring themself to complete the deal. they would risk being labelled a non-paying bidder, but might feel that the price was worth it to keep their integrity. this is hypothetical of course and has nothing to do with any post on the "..Jews for Jesus" thread or any other thread. just one possible reason why someone might not follow through with an auction, not necessarily this one but any one.
