Bill Pritchard
11-13-2011, 04:58 PM
I read an article in this morning's edition of the Arizona Republic....
http://www.azcentral.com/business/articl...-questions.html (http://www.azcentral.com/business/articles/2011/11/12/20111112ebay-car-auction-mistake-questions.html)
The 'Cliff's Notes' version: a Scottsdale AZ luxury car dealer listed a 2008 Bentley convertible for sale on eBay Motors, and mistakenly left a zero off the end of the 'Buy It Now' price...$13,900 instead of $139,000. Someone saw it listed and hit the BIN button, and received an email from eBay stating that he had successfully purchased the vehicle. Dealer finds the mistake shortly afterwards, lots of emails exchanged, and finally eBay rescinded the sale. A quote from the Republic article: "Most eBay auctions -- from antiques to fashion to video games -- are considered to be legally binding contracts, requiring quick payment from the buyer and safe delivery from the seller. Not so for vehicle auctions, which are non-binding and can be canceled by either the buyer or the seller."
Reinforces the feeling I've held for several years now that eBay is a good place to advertise a car, but not to buy or sell one.
http://www.azcentral.com/business/articl...-questions.html (http://www.azcentral.com/business/articles/2011/11/12/20111112ebay-car-auction-mistake-questions.html)
The 'Cliff's Notes' version: a Scottsdale AZ luxury car dealer listed a 2008 Bentley convertible for sale on eBay Motors, and mistakenly left a zero off the end of the 'Buy It Now' price...$13,900 instead of $139,000. Someone saw it listed and hit the BIN button, and received an email from eBay stating that he had successfully purchased the vehicle. Dealer finds the mistake shortly afterwards, lots of emails exchanged, and finally eBay rescinded the sale. A quote from the Republic article: "Most eBay auctions -- from antiques to fashion to video games -- are considered to be legally binding contracts, requiring quick payment from the buyer and safe delivery from the seller. Not so for vehicle auctions, which are non-binding and can be canceled by either the buyer or the seller."
Reinforces the feeling I've held for several years now that eBay is a good place to advertise a car, but not to buy or sell one.