Effective Buyer's Premium - A New Term

[frankbmd]

Originally Posted by I Only Smoke 4 the Cards

Hidden costs such as these is part of why I have avoided auctions.

Thank God, you are not bidding against me.

[hangman62]

Frank,
You might as well go back to collecting Grecian Urn's !!

[I Only Smoke 4 the Cards]

Originally Posted by frankbmd

Thank God, you are not bidding against me.

For now.

[Exhibitman]

Whenever an auction requires third party shipping I know I am going to get hosed on the deal.

The sales taxes are something to be paid on every deal; either sales tax or use tax to your home state, unless you are buying as a dealer for resale. I always factor that in.

With a typical AH I just assume BP + sales tax + 5% for shipping as the surcharge on the bid. Around 35% on average. Really dissuades me from making casual bids on stuff I don't really want.

[wondo]

Originally Posted by Exhibitman

Whenever an auction requires third party shipping I know I am going to get hosed on the deal.

The sales taxes are something to be paid on every deal; either sales tax or use tax to your home state, unless you are buying as a dealer for resale. I always factor that in.

With a typical AH I just assume BP + sales tax + 5% for shipping as the surcharge on the bid. Around 35% on average. Really dissuades me from making casual bids on stuff I don't really want.

I just printed this out and pinned it above my computer. My name is John, and I collect sportscards.