ebay

All posts tagged ebay

As I’ve mentioned in how to make money on ebay, I’ve set up several Ebay affiliate sites to generate passive income. Typically you make a percentage of the sales price which ends up in the 4-8% range. However, when buying cars, you only get a fixed price which is currently about $100-$130. But if you can sell a few cars through your site every month, it soon adds up.

Well, someone finally bought a whole car (as opposed to spare parts or accessories) through one of my sites. And not just any car – an antique 1972 Rolls Royce Silver Shadow!

1972 Rolls Royce Silver Shadow

Of course, $130 in affiliate commissions isn’t exactly earth-shattering, but it’s the largest sales commission I’ve received from Ebay so far!  And coupled with the sale of an antique seiko watch, a few designer bags and cheap ipods, it almost pays the rent!

As most of you know, I’ve been buying a lot of Gold and Silver coins on Ebay. I recently won a bid for a British half-sovereign. Don’t know why, but I didn’t realize that it was a half-sovereign until AFTER I had paid for it via Paypal.

I like to collect the regular sovereigns which are quite small to begain with [around the size of a nickel] so the half-sovereigns must be really tiny. Anyway, I sent the seller a email requesting him to cancel the sale and refund my money. Surprizingly he agreed and he didn’t even take me up on my offer to rebate him the listing fees [since it was my mistake].

So far my experience of buying coins on ebay has been extremely positive. But as usual, you need to be careful and make sure you don’t over pay for sometime. It nearly happened to me last week, where I overbid for something. Luckily someone else beat my bid later on and saved me!!!! [It wasn’t a big amount, but why overpay when you can get a deal?]