[DeTomaso] Pantera sold on eBay

[Larry - Ohio Time Corp]

When I bought my GT5 shell I put my eBay bid in at the last second and was
high bidder with 2K still to go on my max bid. I was out bid on the last 1/2
second. Within 1 minute of the sale end I get a second chance offer at my
max bid. I knew what happened. I knew they did it to find and get my max
bid. I should have walked away. It was the max I was willing to pay so I
took it.

When the trucking company delivered it, I knew I should have walked away
even more.

Larry (felt used) - Cleveland


-----Original Message-----
From: detomaso-bounces at realbig.com [mailto:detomaso-bounces at realbig.com] On
Behalf Of chris terp
Sent: Tuesday, February 17, 2009 5:28 PM
To: kmaguire at landrovermiramar.com; detomaso at realbig.com; MikeLDrew at aol.com
Subject: Re: [DeTomaso]   Pantera sold on eBay

Actually, I've been a victim of sellers outbidding their own product so they
don't lose.  For instance, this person might have wanted $40k for the car,
advertised it as 'no reserve', and then bid $35k for their own car so they
would not lose.
 
Or they could have had a friend bid up the price well knowing they would not
be held accountable for the purchase.
 
It's hard for EBay to keep track of these types of sellers.  Seller history
is a good way to check.  Also, you can ask EBay if there was potentially
fraudulant activity there and they will check it out.
 
Chris Terp
#6571
 


--- On Tue, 2/17/09, MikeLDrew at aol.com <MikeLDrew at aol.com> wrote:

From: MikeLDrew at aol.com <MikeLDrew at aol.com>
Subject: Re: [DeTomaso]   Pantera sold on eBay
To: kmaguire at landrovermiramar.com, detomaso at realbig.com
Date: Tuesday, February 17, 2009, 12:04 PM

In a message dated 2/17/09 11 50 22, kmaguire at landrovermiramar.com writes:


> I don't have any experience with eBay, but the bidding pattern is
> certainly suspect. The winning bidder bid against himself from $30K to
> the "winning" bid of $35K in the space of 50 minutes.
> 
> 
> 
> Maybe we will see this car come up for auction again...
> 
You gotta read the fine print.   The bidding history does not show automatic

bids.   So, somebody put in a bid with a 'max bid' of 30K, let's
say.   Then 
somebody else manually bids $20K.   E-bay accepts his bid and raises it to 
$21K.   E-bay accepts that and raises it again, and so on until the manual
bidder 
either quits, or he makes a bid higher than the automatic bidder's max bid.
  
The manual bidder is then in the lead, and E-bay sends an e-mail to the 
automatic bidder, telling him that he's been outbid, and offering him the
chance 
raise his stated max bid.

And so on...

Mike


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