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Sunday, 22 July 2007
Winning on Ebay at the right price
Just thought I'd post my thoughts on getting an item at the right price (in particular where it's an item that's new and being listed by a dealer). The Garmin Edge 205 is a case in point. They're available for £174 on Amazon but you can get them cheaper online outside of Ebay. However on Ebay you get pretty much anything cheaper (in my opinion, one or two things to watch out for but most things cost less). Here's what I did to get the Edge for a good price. First of all put loads of them in a watch list. Then made a note of all the prices they'd gone for and put them in a spreadsheet. I then took out all the ones that went for more than £60 as there was no way I was bidding £60 for one with £13 on top for delivery and insurance. Any way after I'd done that I knew that a good number had gone for between £54 and £56 and the best times were 8am, 2pm and 8pm (by best I meant going for less than £60!). I then bid on 16 before winning the item for £54.56 which with the p&p and insurance came to £67
So here's the key points:
Research price thoroughly
See what times the item sells in the price range you want to get it for.
Be persistent - keep bidding again and again on the same items but no more than the max you want to pay for it.