2000 cummins*no reserve!

[Ram4Sam]

anybody want a truck?

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=1814484456



Sam

 

[Extreme1]

Holy Deal Batman!!!

1 hour and 37 minutes left and the current bid is $11,100!!

Oo. :--)

Somebody is going to get a deal!

 

[Scooby]

Holy cow! Someone bought a 2000 for only 12,900!!!



Great deal!

 

[illflem]

Somebody did, sold for $12,900. 00

 

[Chipstien]

Apparently the seller is a idiot to sell a car without a reserve price. I am broke and have no job but wouldve found a way to buy this for that kind of money. :--)

 

[ACoyle]

Seeking information here. I understand how a reserve price works. I do not understand the value of it. If you know what you want to sell something for, why don't you just list it for that and not fool around? I'm not on ebay much.

 

[KPhillips]

I think its because you have the chance to make more than you actually want for it, a bidding war could break out between a few people and you may get more than your reserve, its a win win situation... unless your reserve is just way out there. .



kerryp

 

[illflem]

Does the seller actually have to sell it to the highest bidder if the winning bid amount is not acceptable? What's to prevent the seller from saying forget it? Can you in fact have a "hidden" reserve?

 

[Rammin On]

Yes . . the seller does ... this is a binding contract ... unless the seller ends the auction early ... then the contract is null and void

 

[Chipstien]

In this case the seller is a dealer. He has sold numerous cars before judging by his feedback. What I can't understand is what he got the truck for. He either paid nothing for it or he thought that people would overlook the mileage since it was a 2000. I look at it like this, you're getting a truck that you might have to do a clutch on but other than that is just broken in.

 

[Mark_Kendrick]

A 2000 equipped like that truck retails for around 22k. . the mileage deducts $5300. retail would have been only $16,700.



$12,900 is near wholesale.



Still a really good deal.

 

[JGK]

Someone once told me that if a deal looks too good to be true, well, you know the rest.



I wonder what a CarFax report would have turned up. Maybe it had been a flood victim. Or totaled and rebuilt.



We may never know.



-Jay