03-01-2025 10:47 AM - edited 03-01-2025 10:51 AM
https://www.ebay.co.uk/help/buying/paying-items/buyer-protection?id=5594
75p plus 4% buyers fee, so something which was priced at £5 will be £5.95 in February.
04-01-2025 12:50 PM
04-01-2025 12:53 PM
What a lot of gaslighting BS.
04-01-2025 12:53 PM
04-01-2025 1:08 PM
I don't know if my theory is correct but I always thought that if they keep our monies for a
certain amount of time....eg: millions of ebay customers don't get their money for a week, so
how much banking interest would that accumulate ?
04-01-2025 1:23 PM
I have still got items on eBay that have been on there since 2017 (I do have new items), but
regardless, some of my items are as low as £2.50, envelope £0.75 Delivery £4.10 and now
an extra £0.75. Sometimes I lose money but I don't care, the person will be happy with the
item. But the extra £0.75 doesn't sound like much, but it is when you can't even afford food.
04-01-2025 2:23 PM
@hobbit66 wrote:I may not see the fee, but I now know it's there and for me that's a no no !
How ridiculous to have to pay a fee to buy something
There always was a fee which you couldn't see until ebay dropped the fees for private sellers last year (and at the time, it was already clear that a buyers premium would be introduced to replace it - I imagine the time with no fees was to allow for the rewriting of code and adapting the ebay system to run the new setup).
There has always been, and still is, a fee which you can't see if you buy from a business seller.
I am therefore, puzzled as to why it is such a big issue for you?
04-01-2025 2:29 PM
04-01-2025 2:31 PM
Is the problem not under the old model it was 15% on the profit, under the new model it is quite a bit higher on cheaper items. Say your item is 3.50 then that would equate to 24% when you include the 0.70 fee as well.
04-01-2025 2:35 PM
@1boggard wrote:
@kawas67 wrote:I agree, the 99p bargains are gone for ever!
I have to say that if it succeeds in driving away the millions of 99p items dropshipped from China, that losing the genuine 99p bargains is probably a price worth paying.
The trouble is a lot of those are from Chinese sellers pretending to be UK sellers, who are business sellers, so it will not apply to them.
04-01-2025 2:54 PM
04-01-2025 3:03 PM
'There always was a fee which you couldn't see....'
Bit like 'free' postage.
Nothing is 'free'...... and I always feel a little insulted that large companies-like ebay!- think we are daft enough to believe that things are actually given away from the goodness of seller's or businesse's hearts......
04-01-2025 3:10 PM
Oh the joys of predictive text 😉
04-01-2025 3:15 PM
@sicro-80 wrote:I don't know if my theory is correct but I always thought that if they keep our monies for a
certain amount of time....eg: millions of ebay customers don't get their money for a week, so
how much banking interest would that accumulate ?
None
Digital money (which this is) doesn't accrue interest
04-01-2025 3:22 PM
I have 100% feedback after 750 sales and already get my items posted asap. This "change" is nothing but a cash grabbing scheme. There are already guarantees for buyers, where they get a refund from the seller's funds, making this new Buyer Protection pointless.
04-01-2025 3:22 PM
Digital money?
Fiat money?
It is all fake and not worth the paper or the screen it is on... there is no value other than what the Bank of England say it is...It is not backed by anything and is simply a currency of exchange and every £ amount garnered in business accounts whether digital or otherwise can gain interest as deemed by the banking institutions.
Are you suggesting that eBay do not make interest on their " banking" endeavours...really?
04-01-2025 3:26 PM
@buffster1963 wrote:The trouble is a lot of those are from Chinese sellers pretending to be UK sellers, who are business sellers, so it will not apply to them.
There are a lot who are masquerading as private sellers.
There are an even greater number who are masquerading as being located in the UK when they are not.
Anything that reduces the numbers of these peole cluttering up searches with 99p chinese tat has to be looked at as a good thing.
It will impact private seller disposing of very low value items, as the new system will take a much larger proportion of the total, but this can be mitigated to some extent where it is possible to offer similar items as a job lot for a higher selling price. To be fair, 99p items weren't really viable to sell within the UK individually even under the old fee system as even the cheapest postage and packingb cost for a letter added to the FVF would have come to more than 99p.
04-01-2025 6:09 PM
99p was always a 'come on' amount to encourage auctions. Unluckily some sellers only sold at that. True private sellers would not have items identical to business unless preowned and rejected so are not competition. Hand made to sell and staying 'private' would be hit if selling cheap items. Any private seller generally selling cheap will be impacted as their buyers charged more and fake private sellers may have to rethink.
Hopefully the 75p will be applied after the 4% and not before.
Private selling tanked when the FVF reduction disappeared for some 2 years ago as it simply wasnt worth trying to sell cheap items with full fees. Removal of selling fees was a life saver but seems temporary.
Obviously ebay ran into some financial issues by holding onto sales money, allowing it to be credited against purchases then finally repaid if not spent. The changes are marginally different.
The real elephant in the room is if they persist in mandatory 'Simple Delivery' in order to monitor delivery. Not all have smart phones, QR knowledge, or computer printers/label printers. A drop off location is not known until a sale and label process. Ebay are unaware there are people who reside outside towns or dont have transport to travel to a drop off point. There is no home collection.
The platform is mistaken in making buying more expensive and selling more complex. There is a competitor to the river that has stock on ebay but buying direct is even cheaper, free post, quite quick delivery and easy returns often just refunded no return required T**U. Ebay need to take note.
04-01-2025 6:19 PM
Is the 75p added before the 4% or afterwards - as it will make a difference.
04-01-2025 6:42 PM
I've closed my first account (goodness knows how long that will take !) and my 2nd account will follow shortly I imagine. Bye bye ebay. Such a shame after so many years 😞
04-01-2025 7:17 PM
in fact there are very little legal consumer rights and laws about from buying from private accounts eBay offer a buying guarantee but that is eBay and not by law and the reason the policies on Vinted are so vague, because there isn't actually a lot they can enforce