Final Value Fees. The thing we all hate - I hope anyway.

I have been reading into it just now as I feel 10% for everything I am selling is ridiculous. I am selling something for £250 they take £25 and then PayPal help themselves to a cheeky tenner as well.

It says they only charge 10% up until £40. Then what do they charge? Because I am getting charged 10% no matter what my final value is. Am I wrong in thinking that after £40 you should be getting charged less than 10%?

Someone shed some light on this. Thanks.

I am such an idiot. It means that they don't take more than 10% of £400. How embarrassing for me.

By all means we can now use this to discuss the bastarding 10% final value fees!

register as a business account i think it's only 6.66% they charge

There seriously needs to be an alternative whether it be bespoke to a persons sale/buying needs, but the scope and profit margin cant be competed againest surely, The thing is its now part of peoples lives they just roll with it....

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I've only recently started selling on ebay. And that's via OH member - Eddie Fiola's account. The fees when added to ebay owned Paypal's fee are eye watering. But they have the monopoly. There used to be a rival in QXL (I think that was what it was called) but ebay won out. I would imagine the costs of setting up a rival these days would make it a non-starter.

I let my g/f sister do mine but ask her for what i want for it so she can make a couple of quid on top for herself and the the little one and it is pennies she makes..... i give her a piece the other day and said i want £175.... Sold for £225+25.50 shipping to australia int.signed for... cost £29.30 to post £3.80 loss on postage she told me final value fees were £14.49 then 87p for the advert and then paypal took £9.97 .... so out of £225 she lost £29.13 so leaving her with £20.87 profit then also she doesn`t drive and get a bus day rider into town £3.20 so she roughly ends up with £15 on a £50 mark up more hassle than its worth imo !!! cant understand why they need the fees so high, well i can its just another greedy company making profit !!

It's hard work selling... The amount of piss takers who know you can't leave negative feedback is mind-blowing...But with maximum postage charges ( 4 quid to pack and post a jacket?!) and final value and paypal fees it's not really worth it. I see it the way bootfairs went... Started off really good, somewhere you could have a mooch round and pick up some bargains... Then turned into a dayglo plastic free for all with shit mobile phone accessories and buy it now from Romania tat...

[quote="woll69"]It's hard work selling... The amount of piss takers who know you can't leave negative feedback is mind-blowing...But with maximum postage charges ( 4 quid to pack and post a jacket?!) and final value and paypal fees it's not really worth it. I see it the way bootfairs went... Started off really good, somewhere you could have a mooch round and pick up some bargains... Then turned into a dayglo plastic free for all with shit mobile phone accessories and buy it now from Romania tat...[/quote]

the postage thing is a joke mate. sent out three pairs of trainers today - cost me a little over £18, so I (the seller) am meant to stump up £3 to send this stuff? Know it's not a massive amount but it's the principle. Having said that ebay is still the best, if only, place to reach a decent market. Its a bastard it's going down hill but what can you do.

[quote="liam_blackburn"]register as a business account i think it's only 6.66% they charge[/quote]

6.66% The percentage of the beast !!

[quote="a-casual-zulu"]I let my g/f sister do mine but ask her for what i want for it so she can make a couple of quid on top for herself and the the little one and it is pennies she makes..... i give her a piece the other day and said i want £175.... Sold for £225+25.50 shipping to australia int.signed for... cost £29.30 to post £3.80 loss on postage she told me final value fees were £14.49 then 87p for the advert and then paypal took £9.97 .... so out of £225 she lost £29.13 so leaving her with £20.87 profit then also she doesn`t drive and get a bus day rider into town £3.20 so she roughly ends up with £15 on a £50 mark up more hassle than its worth imo !!! cant understand why they need the fees so high, well i can its just another greedy company making profit !! [/quote]

And breathe...

I sell a lot on ebay - and it is eye watering to think about how much money they are making...

I activly encourage people paying outside the bay as much as I can and view it as simply placing an add for little more than a pound - do lots of personal ebaying on a sunday, free listings.

In short - there fucking greedy robbing cunt fuckers...