Ok, this is for those of you who are sellers on eBay. My parents just listed our 1966 Malibu show car. We listed it a few months back, but it never got up to the reserve. They decided to try again. Anyway, they have gotten a couple questions from people about just buying the car. So here is the questions:
From my understanding, a seller can end an auction early if either no one has bid or the auction hasn't gotten to the reserve point. Is this correct? Or are there different terms for ending auctions. I have seen some listings that state that the item (usually a car) is also for sale locally and the seller reserves the right to end the auction early if the item sells locally. Are there any other rules that need to be followed when it comes to selling a vehicle?
Any info would be greatly appreciated. This is just my parents second experience with eBay, and all I've ever done is buy stuff. They just don't want to do anything wrong, and I really don't blame them.
Thanks for any help!!
From my understanding, a seller can end an auction early if either no one has bid or the auction hasn't gotten to the reserve point. Is this correct? Or are there different terms for ending auctions. I have seen some listings that state that the item (usually a car) is also for sale locally and the seller reserves the right to end the auction early if the item sells locally. Are there any other rules that need to be followed when it comes to selling a vehicle?
Any info would be greatly appreciated. This is just my parents second experience with eBay, and all I've ever done is buy stuff. They just don't want to do anything wrong, and I really don't blame them.
Thanks for any help!!
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