The 1947 - Present Chevrolet & GMC Truck Message Board Network - View Single Post - Is it me...or is this a little high for an AM/FM radio?

Elephanthead · 05-19-2009, 01:57 PM

The trick is you have a fake bidder bid a huge amount right after you put a low ball bid in. You then have the fake bidder retract his bid at the last minute, so you get it for the low ball price. People won't look at the item because it is over priced, so they won't bid. Ebay goes along with this, so you list with a higher reserve and or starting price and pay a higher listing fee. It could also be a Nigerian bidder trying the send me the extra money back scam.

05-19-2009, 01:57 PM	#12
Elephanthead Registered User Join Date: Nov 2008 Location: Carmel, IN Posts: 187	Re: Is it me...or is this a little high for an AM/FM radio? The trick is you have a fake bidder bid a huge amount right after you put a low ball bid in. You then have the fake bidder retract his bid at the last minute, so you get it for the low ball price. People won't look at the item because it is over priced, so they won't bid. Ebay goes along with this, so you list with a higher reserve and or starting price and pay a higher listing fee. It could also be a Nigerian bidder trying the send me the extra money back scam.