eBay Final Valuation Fee For Mobile Sales 10%!!

Found 4th Oct 2009
Hi All

Last month I sold a Nokia N97 on eBay Buy It Now and got £330 for it. This weekend I've just been billed for the sale and have been charged £32.98 as a Final Valuation Fee, which works out at almost 10% of the sale!! On looking on the fee list on their site, on a Technology Buy It Now they quote the following:

5.25% of the initial £29.99 ( £1.57 ) + 3% of the initial £30.00 - £99.99 ( £2.10 ) + 2.5% of the initial £100.00 - £199.99 ( £2.50 ) + 2% of the initial £200.00 - £299.99 ( £2.00 ) + 1.5% of the remaining balance of the final selling price.

So from the above, I get it to £8.67, am I right or am I not reading the above statement right?

£1.57 + £2.10 + £2.50 + £2.00 + 50p for the 1.5% from £300 to £330 = £8.67

Let me know what your thoughts are and is 10% right!!

Cheers

12 Comments

i think its 10% now for everything listed on ebay

That does seem a heck of a lot :-(
I sold my K770i on there and was expecting to get charged about £9/£10 in fees (on £90odd phone) but it was only about £3 or £4 I was charged - this was in about February or March

Banned

another ebay victim

High time there was a viable alternative to these shysters, the seller rules are becoming so restrictive as to be virtually unworkable. I have virtually stopped selling there now.

Original Poster

There's definitely something wrong. I sold a Nokia 5800 in May for £180 and the final valuation Fee was only £5.66 on the £180!! This works out exactly right using the fees calculator I've put above.

Last month I sold an eGreat media player for £115 and again got charged £11.49 for the FVF. So it's either ebay has changed it's charges but not updated their charge page, or they're hoping people are just paying their bills and not realising they are being overcharged. Either way I'm not impressed with 10%, robbing bleeders!!

The fees page can be found here: pages.ebay.co.uk/hel…tml

It might be a good thing for everyone that's sold on there recently to check their statement and see if you've been charged 10%.

This is disgusting to hear, not a clue how they have messed this up, either way since the page states thoses fees and yes you have worked it out correct you should get in touch and demand you money back.

Which category did you place it in? That makes the difference. If you placed it as "technology" you'd be charged the above, if not it would be 9.9%, making it correct :o) x

yeah the BIN now fee is different to the normal bidding,

either way 10% sounds about right,

And dont forget your paypal fees too .:thumbsup:

Original Poster

tinkerbell28;6479848

Did you sell it on auction, those fees are for BIN'S it's a flat 10% on … Did you sell it on auction, those fees are for BIN'S it's a flat 10% on auction.If you're a private seller, when you sell your item in auction format, you will pay 10% of the item final selling price as the Final Value Fee, up to a maximum Final Value Fee of £50. If the item does not sell, there is no Final Value Fee.



Tink your right again. I'm not amused that I hadn't been told this, I simply wouldn't have sold on there if I'd known this.

Thanks for the answer. :cry:

mechdroid;6479715

High time there was a viable alternative to these shysters, the seller … High time there was a viable alternative to these shysters, the seller rules are becoming so restrictive as to be virtually unworkable. I have virtually stopped selling there now.



Same

There are many other alternatives already tho :

amazon marketplace
playtrade
free newspapers (e.g Friday Ad)
card in a newsagent window / supermarket

I sell stuff on the "classified" section on my company website for free but obviously not many peeps have that as an option. Just use your common sense and sell the item in the right place

tinkerbell28;6479848

Did you sell it on auction, those fees are for BIN'S it's a flat 10% on … Did you sell it on auction, those fees are for BIN'S it's a flat 10% on auction.If you're a private seller, when you sell your item in auction format, you will pay 10% of the item final selling price as the Final Value Fee, up to a maximum Final Value Fee of £50. If the item does not sell, there is no Final Value Fee.



Wow, that's harsh! For things like mobiles I always use BIN
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