Blitz (and related) bits on Ebay Australia

[Keith Webb]

Originally Posted by Private_collector

Tony,

The Ford CMP auction was ended when reserve had not been met. Sounds like the fellow got a better offer from somewhere else.

I hate that ebay allows things to just be pulled by the seller. Stuffs all the bidders around.
Still, what can ya do!

Yes, I agree Tony - once there are bids the auction should be able to conclude unless there's a very good published reason otherwise.

The odd thing I saw was there were 3 bids listed but it was still sitting at the original starting price. Incidentally I wasn't bidding on it!

The cab looks to be a coach built a one off, the doors and roof are different to a PMG conversion.

Possibly one of the most desirable things was the relatively rare 1943 'FORD' stamped front shell (as opposed to no-name or FORD CANADA) and really nice mudguards.

Did someone from MLU manage to buy it?

[hrpearce]

Just found this on EBay http://www.ebay.com.au/itm/1940s-For...item1c2f651f0b

[Tony Wheeler]

Originally Posted by Keith Webb

....once there are bids the auction should be able to conclude unless there's a very good published reason otherwise.....Did someone from MLU manage to buy it?

I spoke to the seller today, apparently someone in NSW made a combined offer for both trucks by phone.

I can understand why sellers accept outside offers and terminate the auction early. To continue the auction is a gamble - you may get a higher price than the phone offer, or you may get a lower price. Sellers must retain the right to decide - it would be unreasonable to compel them to risk a lower price than they've already been offered elsewhere. Yes, it's disappointing for intending bidders, but that's commerce!

I myself would have bid for the F60L - it's in very good nick, and being only 70 km from my place would make for economical recovery. I've learned a lesson here - next time I fancy something on ebay, make a phone offer!

I mentioned to the seller that the Chev is a C8AX and quite a rarity in Australia, but I wasn't sure if they're highly sought after. Can anyone suggest what a fair price might be for this one?

It turns out he will have another couple of Chevs for sale soon, although in much poorer condition. I informed him of MLU forum and that we promulgate For Sale info, so he's going to notify me.

[Tony Smith]

Originally Posted by Tony Wheeler

it would be unreasonable to compel them to risk a lower price than they've already been offered elsewhere.

There is a quite simple mechanism available to the Seller - the Reserve price. There was apparently a price he was not prepared to go below, as the listing already featured a reserve. If bidding has not yet reached that price and a prospective Buyer contacts him with an offer by phone, the seller would have two choices.

1. Accept that offer, withdraw the item from auction, and never know if any other bidders would have been prepared to pay more (the true "Market Value"), or

2. Raise the Reserve to the level offered by the phone caller and, as a show of genuine interest, invite the caller to submit a bid at that price to secure the item at auction. Other interested bidders could then decide the true market value by bidding higher, or allowing the item to sell at the reserve/phone offer price.

This is especially true in situations where the Seller is not accurately aware of the value or rarity of an item. Believe it or not, there are unscrupulous people out there who will try to hoodwink a seller by trying all sorts of ruses to get them to sell an item below market value before bidding heats up.

[Tony Wheeler]

Originally Posted by Tony Smith

Believe it or not, there are unscrupulous people out there who will try to hoodwink a seller by trying all sorts of ruses to get them to sell an item below market value before bidding heats up.

I certainly believe it Tony! However, knowing the price in this case (but not feeling free to divulge here) I can report that it was a reasonable offer for the two trucks, with no attempt made to cheat the seller. I suspect they would have fetched a bit more on ebay, but not dramatically more, and there's always the risk they would have fetched less, even if the phone caller had bid his offer (remember the seller only gets the SECOND HIGHEST bid, plus a small increment).

Note too that the phone offer was for both trucks together, which makes it impossible to set a matching reserve price, because there were two separate auctions. Furthermore, the price offered may have been CONDITIONAL on getting both trucks, ie. to spread the cost of recovery across two purchases. Apparently one truck is destined for the buyer's mate in NSW, so I imagine they'll split the recovery costs.

Anyway I can see why the seller accepted the phone offer - it was a reasonable price, he got rid of both trucks in one transaction, paid for and picked up the next day.

[Hanno Spoelstra]

Originally Posted by Tony Wheeler

(remember the seller only gets the SECOND HIGHEST bid, plus a small increment)

Please explain?

H.

[Ryan]

Originally Posted by Hanno Spoelstra

Please explain?

Does not work on an item no one else bids on.
But, if an item is starting at $200 is say bid on twice , and the bids are $250 and $300, and I am the highest bidder, I will only end up paying around $255. The second highest bid and a bit more.

[Hanno Spoelstra]

Originally Posted by Ryan

Does not work on an item no one else bids on.
But, if an item is starting at $200 is say bid on twice , and the bids are $250 and $300, and I am the highest bidder, I will only end up paying around $255. The second highest bid and a bit more.

Ah yes, you are referring to putting in a maximum bid, the maximum amount one is willing to pay. The software will automatically outbid other bidders by a small amount up to your maximum bid. But the seller (and other buyers) will not know what your maximum bid is until it is actually reached. So the seller does get the highest bid, and the buyer only needs to outbid other buyers by a small amount. The seller can set his minimum bid by setting a reserve price. All fair enough if you ask me.

H.

[Tony Wheeler]

Originally Posted by Keith Webb

The odd thing I saw was there were 3 bids listed but it was still sitting at the original starting price.

That's because they were all the same bidder Keith, presumably probing for the reserve price. But he didn't meet it, and there was no one else to push his bid up, so it remained at the starting price. In the absence of any competing bidders the system will only increase your bid to actually MEET the reserve price, not to approach it gradually:

How automatic bidding works.

eBay places bids on your behalf starting with the next bid increment for the auction. We'll bid as much as necessary to make sure that you remain the high bidder (or to meet the reserve price).

A bid increment will go higher than the standard increment in two situations:
To meet the reserve amount
To beat a competing bidder's high bid


I notice the same bidder (u***3) submitted a bid for the C8AX, so presumably it was the guy who ultimately bought them.

[Tony Wheeler]

Studebaker US6 in this listing, don't know if it's still available:

http://www.ebay.com.au/itm/261155390...84.m1438.l2648

[Tony Wheeler]

I emailed the seller, turns out it's still available. Here are contact details if anyone's interested (I'm not interested myself BTW):

Dear Tony - It is still available. If you like I can send more photos.
Regards, Ric.

Ric Petro
Managing Director
Location Film Services
02 9654 9922
0488 1951 51
www.locationfilmservices.com.au

[Private_collector]

Originally Posted by Scott Hamilton

Some parts for sale on ebay.

Smithers.............release the hounds!

[Tony Wheeler]

late production F15A for sale in SA:

http://www.ebay.com.au/itm/FORD-ARMY...item1e773e8e1b

[Private_collector]

Originally Posted by Tony Wheeler

late production F15A for sale in SA:

http://www.ebay.com.au/itm/FORD-ARMY...item1e773e8e1b

Not correct windscreens. Are they possibly a set from Cab 12?