£1870 for OO Gauge Train set

[DarkRedCape]

but there again I have been charged Special Delivery prices only to find they sent it second class.

 

 

I’ve had this happen more times than I can remember and it really does cheese me off.

[Ande P]

Hello

If someone with more knowledge then me, could explain to me what's so special about this Train set and seller asking price. Or could it be wrongly priced or Typo error?

Thanks in Advance.

https://www.ebay.co.uk/itm/255897528457

 

 

tbh I tend to contact them if they are ridiculous even if i'm not buying it; sometimes they don't realise that they typed it wrong where they are quickly typing in the ad.

 

 

Judging by the matching carriage pack being £124... could be he meant £125 as starting price...

 

 

[Deem]

Well AP, I took your advice and contacted the seller and below is his response:

"Good evening

I priced this set under half the price someone else has got it on at

I believe there was only a 1000 produced so are fairly rare .

I have put offers on it so if you want to put one in feel free to i also have listed the coach pack that goes with it"

I don't know if it is that rare set to justify this price or some one is hoping to achieve impossible task with 1% chance of getting lucky and hope some may pay asking price.

Regards

 

 

[malB]

It's not just the "train sets". Now that Hornby have announced that the LNER W1 10000 Hush Hush is on it's way. I've seen folk on eBay asking an assortment of prices. most start at around £220 and go up to the £250 [+/-] that Hornby are asking. Though there are some who are asking really silly money prices ranging from £325 to over £400! Things though there will be some out there that'll pay these silly OTT prices! With those asking these prices seeming oblivious to the lower prices being asked by the majority of sellers.

[threelink]

If people are daft enough to pay ott prices for stuff one can hardly blame traders for taking advantage unless they are deliberately misleading buyers. It's a classic case of "buyer beware". I cannot think that anyone would be daft enough to part with large sums of money without enquiry being made and advice taken.

[Mikey1707822023]

There are a lot of dodgy people on ebay. Just don't buy from them. Just because it's listed doesn't mean anyone is daft enough to buy it. I let a seller know that a body he was selling for £49.99 was only £15 brand new from the manufacturer, so he could reduce the price and have a chance of selling it. It turns out he knew and was just trying to get money out of people.

[DarkRedCape]

Maybe I’m a minority, but I think if you pay pay £3k for a £500 train then the fault is with you, not with the seller.

No one is forcing you to pay that price. You either didn’t do your research or have more money than sense. Listing a £500 train for £3k is morally questionable, but this is how some eBay sellers make a living. Just don’t enable them.

[AndyMac1707817969]

Quite correct, if the item is yours to sell then you can ask what you want for it. Simple fact if a seller only ever got what the entitled citizen thought they should pay for something then every business would have gone bust a long time ago. There are two parties in a transaction but if you listen to the entitled citizen you would think they are the most important person spending spare cash on their hobby while a seller may just be trying to make a living. They just make up a price out of thin air as to how much they think something should cost, no facts behind it at all its just ‘what they would imagine’!

When selling on eBay you do get contacted by people who seem to think you are charging too much for something even though many have sold at this price. Maybe someone did die and leave them in charge of ‘model railway hobby’ but if you are not intent on actually buying I can’t see why they believe it is any of their business. You get other ridiculous statements like why are you charging twice the price this was when it was in the shops 10 years ago. Another favourite, why are you asking twice the price one of the sold for a month ago for half that and they send you a link. Of course they just pick the one that sold as a buy it now listed by someone who clearly did not know the real value and sold in 5 minutes of it being listed. Maybe they think they are the only ones using eBay who can search sold listings. Another common one is comparing your item which is twice the price of some completely different item still widely available from retailers.

Personal favourite has to be those who contact you to insult you regarding your asking price and then expect a favour in the way of a discount by making you some silly offer, what planet are they on. To any business or private seller, customers as a whole are important but generally speaking individual customers are not unless they contribute to a sizable proportion of your income. So the ones that tell you they are not buying anything from you, well you are not exactly going to stick your head in the oven over it are you.

If a £500 train for £3k is morally questionable then is also say a £100 loco for £50 also not morally questionable but buyers seem to have no issue with those morals. Guess for most people morality is a one way street.

[Deem]

Everybody is entitle to there opinions. Like AndyMac suggested seller can ask what ever price they wish to ask or hope to sell for, if buyer wants that particular item then they should be willing to pay.

I just wanted to know if there something special about this Loco which justify the price with my little knowledge about this hobby.

Maybe we should lock this topic now.

[What About The Bee]

I've been buying and selling items on eBay for more than 20 years. I have perfect feedback. Many of my sales were far and away more than £1000. Some purchases have also exceeded that amount. These are not tiny transactions.

Each transaction is an agreement between the buyer and seller. The price realized is what the buyer is willing to sell for, and what the buyer is willing to pay. And that's it.

I've received the crazy lowball offers AndyMac describes. I've also seen the sellers who think their broken item is worth more than new in the box. Both situations I ignore.

@Deem, the loco you were looking at seemed ridiculously priced. Maybe it was. Maybe there's a guy desperate to have it, and money is no object. No one was forcing you to buy it. In a way, you are a better educated customer now, having seen what comments came forth. An educated consumer knows a fair deal and can recognize when the deal isn't worth it for himself.

Bee

[ColinB]

I don't know what the fuss is about, yes we had seen the response about EBay customers before, I think by now we all know the pitfalls of EBay. I too have sold locos on EBay and had below the starting price offers, my usual reaction is why is someone being so st*pid to offer below my starting price but then that is human nature, I have seen people at autojumbles try and knock down a genuinely low price. I usually just send a negative response and make sure next time I tick the "no offers" box. As to Deem, I am glad he highlighted this, ok if you have enough money to pay for it and aren't cared, then that is life, that is why rare paintings fetch a fortune. On the other hand that is what adds fire to inflation as more people ask for more. Sometimes as in the case of a certain manufacturers price rises, it puts their product substantially above that of its competitors and finds it more difficult to move their stock. It will be interesting to see if he ever moves it. I must admit I am guilty of it. I recently saw a Hornby new type class 37 chassis for sale at a highly inflated price. Hornby don't seem to sell this as a spare and I needed to finish off my Lima class 37 conversion, having bought all the new type bogies and "bodged" my old Lima chassis. So I moaned but paid it, as I have been waiting one two years for one to appear. So yes if you really want it you will pay the price.

[DarkRedCape]

Although I wouldn’t pay what this chap is asking for that loco, I am with ColinB on this one. I too have paid a higher price for something because I knew I’d either likely never see another again, or at least not for a price as “low” as it was.

If people want/need something enough, they’ll pay anything.

[Potterton]

As I see it if someone wants to sell something they can set their own price. If someone is happy to pay that price then that is their prerogative. It's a free country. I do, however, understand why Deem originally asked the question.

I've recently had a clear out of railway equipment which I haven't used in ages and am now unlikely to, some recent and some of it dating back over fifty years including some apparent rarities which will be going on ebay in the coming weeks. I'm going to start everything off with a 99p starting price and let it find its own level. That way I'll get something for items that I no longer use and hopefully a buyer will get something at a price he is happy to pay.

[Rana Temporia]

Potterton, I used to start everything at 99p but have recently changed tactic after seeing a lot of my items re-appear the week after at vastly inflated prices. To be honest, normally i don’t care but some of the hikes up were just silly and the items could have gone to someone who actually wanted them rather than someone wanting to make a quick profit.

I stoppped selling for a while on eBay due to some bad experiences but have just started again and now I’m starting at the minimum I would want for the items which is still pretty much a bargain. Like you, I’m having a clear out and also need to dispose of a large amount of my late father’s model railway equipment. So far I have not been totally happy with most of the transactions so will be sorting a lot of the remaining equipment through eBay which may take a year or two.

[ColinB]

Most of the locos I have sold have been old Lima ones or tender driven Hornby ones. I start them at what I think is the going rate which when I sold them was £25 to £30. Some I got some surprises, one going for over £50, but generally they sold for a little over the minimum. The only one I really "screwed up" on was a Lima class 60 which I accidentally listed as DCC fitted instead of DCC ready (I still don't know how I managed to do it). Sadly it only sold for £25 which after the Buyer informed me of my mistake gave only a profit of £5.00 as I had to send him a £20 decoder. I convert most of my locos to DCC but I found nobody was willing to pay extra for the fact the loco was converted, especially as if you got a specialist to do it, it would cost you £30.

[AndyMac1707817969]

If you use eBay a lot either as a buyer and / or a seller then you will know the vast majority of items go for a lot less that they are probably worth. Although 99% of buyers are fine and great to deal with, as with anything dealing with the public you get a very small percentage who you just have to tell to just go away. I do not contact, nor expect to be contacted by people hiding behind a keyboard who are quite frankly rude and more often than not ignorant of what an item is current selling for. You do just learn to laugh at a lot of it, mostly people looking for discounts, not small ones, a loco listed for £100, you get a message, would you take £40? If I was looking £40 I would have listed it at £40 and it would have sold within minutes, deluded is not the word for it. You get to know the messages from the first line when they nearly always start by asking after your well-being, some amateurish attempt at phycology.

 

You are sitting there as a seller, been selling items of nearly 20 years, over 4000 feedback all glowing (apart from the odd one from people who think you own Royal Mail) and you get contacted by someone asking is you really own this item, the photos could just be stolen from someone else.

 

Other cases you accidently leave the decimal point from the postage costs and the message start arriving demanding an explanation as to why you are ripping people off charging £495 for postage on a £50 item. You would have thought they could have at least looked at all the items you have and realized they were £4.95 and not £495 and dropped a friendly and polite message. The best bit is they demand you justify to them this price. Not sure why they think I have to justify anything to them, clearly deluded as they are to their own importance.

It is also worth saying that many sellers including myself sell all over the world. Items often go a lot more to overseas buyers than to those in the UK. A typical example of this is selling Irish models. For some reason people in Ireland think they are the only ones who buy Irish models, they may be the largest single group but 95% of the Irish stuff I have sold has gone to the USA, Europe and Japan. Several cases I have seen comments on various forums on items I have listed, mainly they will never sell, well they do and several months later that’s what everyone elses’ are selling for.

[ColinB]

I hate to say this but to be quite honest I doubt most people are too interested in the wows of an EBay Seller, it you are like me I just get rid of stuff that I no longer require. I list them for what I consider is a reasonable value with the postage set at what Royal Mail charges me. If it goes for way above what I thought it was worth, I will send it Special Delivery for my own safety, plus I have made enough profit. Generally I get the price that I think the item is worth, both for train parts and classic motorcycle parts I sell. If they don't sell I keep them and try again a few weeks later. It is after all an auction which a quick look at any episode of "Bangers and Cash" shows that the price the buyer will pay depends on basically if more than one person wants the item. Sometimes the item will sell for less if it is returned to the auction after a couple of weeks, that is the way auctions work. To be quite honest without mentioning names, I am not interested in their woes, I have issue with many of their posts but as I don't wanted to get banned, lets leave it at that. I hope they are not the Seller with the curtains.

[Potterton]

Potterton, I used to start everything at 99p but have recently changed tactic after seeing a lot of my items re-appear the week after at vastly inflated prices. To be honest, normally i don’t care but some of the hikes up were just silly and the items could have gone to someone who actually wanted them rather than someone wanting to make a quick profit.

@Rana Temporia

I take your point and I can understand why that would rankle. Personally, if I can free some space by selling something on and make a few quid, (pennies), then I'll be happy. What the new owner does with it is up to them. If they keep it and enjoy it that's great. If they sell it on successfully and make a bit to boot then good luck to them. If they make pounds more than I did then yes, I would probably feel a bit irked, but cest la vie. face_with_rolling_eyes

 

 

 

 

[ColinB]

Well there is another one, £2804.77 for a R30001 Princess Margaret Rose. Is it a misprint?

[DarkRedCape]

Definitely not. Check out the sellers shop, any kind of electronic "toy" are marked up are ridiculous prices.

There is a digger on there for £4852.80 that sells in between £300 and £350.

Unfortunately these kind of predatory sellers rely on a lot of people just buying without looking, which as crazy as it sounds, really does happen.

[Deem]

There is a digger on there for £4852.80 that sells in between £300 and £350.

Could you share the link or item number for this particular, item just wanted to see what's so special about that?

 

 

[DarkRedCape]

The train is no longer listed and I can’t remember the sellers name. I really hope no one paid that price..

[DarkRedCape]

Found the seller, but all the prices have been reduced by thousands of pounds.

https://www.ebay.co.uk/str/jingham22?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=pnylc_prsxc&sssrc=3418065&ssuid=3PCSz30jSr2&widget_ver=artemis&media=COPY

[atom3624]

Possibly offshore and an exchange rate issue?

Al.

[Brew Man]

Well I didn't see the afore mentioned set in his listings, only an LMS Princess Margaret for just short of £272 in what were otherwise mostly household dross