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Classic, Vintage & Veteran For Coventry and Meriden Models. Anything pre-Hinckley goes.

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Old 11-23-2012, 06:13 AM   #1 (permalink)
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ebay "Buy it mow/make an offer"

Ok so I normally buy as an auction but I've seen a bike that I might be interested in and it's a Buy it now or make an offer deal.

So I assume that if I make a "best offer" lower than the price shown, it's assessed by the seller and accepted or rejected.

If I click "buy it now" I've bought it? Even if someone else offers more after me?

Just checking.
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Old 11-23-2012, 06:28 AM   #2 (permalink)
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Yes, if the buyer accepts your offer they can't cancel it
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Old 11-23-2012, 06:38 AM   #3 (permalink)
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And at the end of the auction in most cases the highest bid will win.
Unless he sets a reserve price (the least amount he will take)
I'm never sure why they just don't start with the lowest price they would take, but thats just me.
And yeah if you click "buy it now" it is yours.
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Old 11-23-2012, 06:41 AM   #4 (permalink)
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Oh never mind I misread your first post.
The "buy it now" its yours.
The "make an offer" is up to him if he decides to accept or not
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Old 11-23-2012, 01:43 PM   #5 (permalink)
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Starting at 99p gets more people interested. If you put the price you wanted then people would just look at the cheapest one.

If you don't know the reserve and it starts at 99p then heat of the moment takes over and the price goes higher

"Fear of loss is far greater than the need to gain". Once you have bid, you don't want to lose. Even if it's by a couple of quid, it'll make a difference!
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Old 11-23-2012, 02:23 PM   #6 (permalink)
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I always start my auctions at 99p,with no reserve, no matter what I'm selling. It's just more fun that way...
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Old 11-23-2012, 02:42 PM   #7 (permalink)
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cheers guys

It's a bike with matching numbers but no docs.
I'm unsure at the moment as I was hoping to find one with a "V5" to make it easier.
There is a buy it now price near his best offer (rejected) and I am thinking about it.
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Old 11-23-2012, 03:07 PM   #8 (permalink)
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I'd be very wary of buying a bike with no documentation...
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Old 11-23-2012, 07:36 PM   #9 (permalink)
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Quote:
Originally Posted by DAVE M View Post
So I assume that if I make a "best offer" lower than the price shown, it's assessed by the seller and accepted or rejected.

If I click "buy it now" I've bought it? Even if someone else offers more after me?

Just checking.
I always "low ball" the "best offer" ads that have stuff I can live without. Most of the time the seller ignores my offer because it is so low but more rarely I have gotten stuff much cheaper than "buy it now".
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Old 11-23-2012, 10:21 PM   #10 (permalink)
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Buy It Now means it's over and you and the seller are committed. No more interaction buy other buyers can happen.

Make an Offer is just that and the Seller gets a fixed amount of time to accept it if he sees fit. If your offer is not ridiculous and the Seller dowen't otright accept it, you might get a counter offer from the Seller in which case you can accept it or counter offer yourself.

I have quite often scored items with offers that I considered too low to make the deal, so the whole Buy it Now / Best Offer concept might best be viewed as a typical negotiation type deal.
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