However, Auction listings are best for buying Used equipment and are a lot more common. There’s not as many listings for new stock. <\/p>\n\n\n\n
Auctions require some discipline and patience. When you find an auction you like, you need to set a budget and stick to it. <\/p>\n\n\n\n
The goal is to get a good deal. It’s very easy to get carried away in a bidding war. Believe me, I’ve done it before. It;s exciting to win, but damages your wallet in the end.<\/p>\n\n\n\n
When you are comfortable with your budget and have found your guitar, go ahead and submit a bid. <\/p>\n\n\n\n
Don’t go all in with your max bid. I would bid 30%-40% below my ma bid at first (if that is still higher than the current max). From there you at least leave yourself some room to submit a few higher bids if needed. <\/p>\n\n\n\n
If it turns into a bidding war, don’t get sucked in. Unless it’s a guitar you absolutely want. Some Auctions on eBay can get pretty crazy when the guitars on Auction are in high demand or are extremely rare. <\/p>\n\n\n\n
See below an example of a competitive bid that sold for just shy of $10K.<\/p>\n\n\n\n<\/span>Buy It Now Or Best Offer<\/span><\/h3>\n\n\n\nThis is my favourite way to buy. It’s like an auction, but it’s more of a negotiation with the seller. <\/p>\n\n\n\n
When you see a “Buy It Now or Best Offer”, do not just go and buy it now. The seller is willing to accept offers below the listed price, and the best thing is, the seller has likely already set the minimum price he’s willing to take. <\/p>\n\n\n\n
When you list an item for sale on eBay and decide to sell as “Buy It Now or Best Offer”, you can select an option to send offers above a certain level and also automatically accept certain offers. <\/p>\n\n\n\n
There’s a couple things you can do to get your offers accepted. First thing to do is think about your offer. Check how long the listing has been active. If it’s only up a few days, the seller will likely not move too far from the listing price. <\/p>\n\n\n\n
However, if the listings is active with over 2 weeks, they could be a little impatient by now and eager to sell. Try not to get too greedy, and submit a fair offer. <\/p>\n\n\n\n
If the offer is rejected, don’t go back and submit another offer for $1 more. You are limited to a certain number of offers each day. <\/p>\n\n\n\n
The number of offers you can make a day on a listing can vary depending on the category, but it’s usually 5. <\/p>\n\n\n\n
What I do if my first offer is rejected is reach out to the seller. If you ask them, they will tell you what they are willing to accept. I think it’s quicker and easier, rather than increasing my offer by a certain percentage each time. <\/p>\n\n\n\n
By doing this, you also run the risk of someone else coming in and submitting an offer that’s accepted hijacking your bid. <\/p>\n\n\n\n
<\/span>Shipping Charge<\/span><\/h3>\n\n\n\nIt’s so easy to get caught up in the price of the guitar, that you can forget the cost of shipping. Just below the listing price, you should see a shipping cost. Just make sure you have your shipping address for your account correct as it uses it by default.<\/p>\n\n\n\n
For example, shipping from the US to the UK will be very expensive. So keep an eye out on the shipping costs before you make a bid or buy the guitar.<\/p>\n\n\n\n