Longboard Skateboard 4 Sale

Discussion in 'Classifieds' started by ginsumagic, Jul 28, 2012.

  1. ginsumagic

    ginsumagic Well-Known Member

    193
    Oct 27, 2009
  2. Zman9398

    Zman9398 Well-Known Member

    341
    May 16, 2012
    What do you want for it?
     

  3. Sloop John B.

    Sloop John B. Well-Known Member

    92
    Jun 28, 2011
    He's set it for auction with reserve. Usually that means the bidder will not tell you the minimum price because the entire point of a reserve is that bidding starts lower than an acceptable value for the seller so that the auction will attract more interested parties and bidding wars will occur to jack up the sale price well above the reserve value.

    Additionally, it opens up the possibility of sniping the reserve value on the auction, bidding the seller's lowest acceptable price just as the auction ends to eliminate bidding competition and leave the seller with only the lowest acceptable value.

    Basically, it's not in the seller's interest to tell you his reserve.
     
    Last edited: Jul 29, 2012
  4. ginsumagic

    ginsumagic Well-Known Member

    193
    Oct 27, 2009
    I set a reserve due to experience (loosing) money on ebay with certain items. I set the reserve at a very fair price for a board that is essentially brand new.

    And Sloop was right, I'm not going to reveal my reserve.