SLR/C199/R199/Z199: Shill Bidding on eBay
05-27-2007, 05:21 PM
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Shill Bidding on eBay
I'm sure that there are some good deals on eBay but I can't believe how blatent the shill bidding is on cars.
Here's a SLR offered by Fletcher Jones http://cgi.ebay.com/ebaymotors/Merce...23506555QQrdZ1
The bid is already up to $325k which is higher than these used cars are actually selling for in the real market and the bidder (Bidder # 2) has made 3 bids in the last 30 days and cancelled 3 bids in the last 30 days. And, of course, the telephone number of the seller is included so that you can call them and offer them a little bit over the present bid price to close the sale.
Are buyers really this dense?
Here's a SLR offered by Fletcher Jones http://cgi.ebay.com/ebaymotors/Merce...23506555QQrdZ1
The bid is already up to $325k which is higher than these used cars are actually selling for in the real market and the bidder (Bidder # 2) has made 3 bids in the last 30 days and cancelled 3 bids in the last 30 days. And, of course, the telephone number of the seller is included so that you can call them and offer them a little bit over the present bid price to close the sale.
Are buyers really this dense?
06-01-2009, 09:21 AM
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73 280E Compact
Shill Bidding on eBay: A Case Study
For anyone interested, a detailed case study of a classic, blatant shill bidder on eBay, and a comment on eBay’s attitude thereto, at http://www.auctionbytes.com/forum/phpBB/viewtopic.php?t=24033
