A Cautionary tale about eBay

Posted by: smiglass on 26 February 2007

Due to financial considerations, I found myself trying to sell my CDS3 head unit, having already sold the XPS2 and HiLine on A’gon. I listed the CDS3 on A’gon also, but there were two other units listed, so I thought I would try eBay. Well, I listed it with a partial serial number and several pictures and the following happened:
1. A few days after I listed my player, another CDS3 was offered at a ridiculously low starting price with no reserve for 3 days. The description was full of inaccuracies and misspelling and the pictures were lifted from elsewhere on the net. It “sold” for about $1200
2. There were several bids by someone called “naimcanada” with zero feedback and having joined eBay for less than one day! This bidder placed several bids against himself, falsely driving up the cost.
3. I received several phishing emails through the eBay system saying my listing had been seen on eBay before and offered a link to the webpage. When the link was activated, it led to an eBay “sign-in” page. I reported the first one but I got so many that I gave up trying to police them. I even got one after the auction was over.
Needless to say that I will not be doing serious business with eBay again! It is fraught with scam and fraud and I do not think it is trustworthy unless you know the vendor you are dealing with, ie, Gene Rubin Audio or Real HiFi, who are exemplary in their business dealings. I am posting this to make my fellow forum members aware.

BTW, I did not sell the CDS3 and will keep it and later this year,when things have improved, I will get the 555PS and a new HiLine.

Regards,
Anthony
Posted on: 26 February 2007 by GraemeH
Similar happened to me after I'd sold my CDX. These scams are usually easy enough to spot and it hasn't stopped me conducting lots of successful transactions on ebay.

Also, I find them good if you do report a problem.

So, yes scammers are out there but most folks are honest in my experience. Ebay shows us that we can have a degree of faith in humanity after all.
Posted on: 26 February 2007 by smiglass
quote:
Originally posted by Graeme Hutton:
Similar happened to me after I'd sold my CDX. These scams are usually easy enough to spot and it hasn't stopped me conducting lots of successful transactions on ebay.

Also, I find them good if you do report a problem.

So, yes scammers are out there but most folks are honest in my experience. Ebay shows us that we can have a degree of faith in humanity after all.


You are right,Graeme, I am just disgruntled at this time. Frown

Anthony
Posted on: 26 February 2007 by joe90
Never buy anything really expensive off anyone unless you can walk up and put your foot on it/them.
Posted on: 27 February 2007 by blackforest
quote:
Never buy anything really expensive off anyone unless you can walk up and put your foot on it/them.

exactly - joe90 at least we agree once Roll Eyes
Posted on: 27 February 2007 by Steve Smith
I can only report positive experiences with ebay. I built up my chrome bumper active system mainly fom ebay purchases and am very pleased with the results. I have a system which cost me in the region of £6000 including a CDX2 and 3 Nap 250s. I leave you to calculate what the new equivalent would cost.

Steve
Posted on: 09 March 2007 by Old Mister Crow
quote:
Originally posted by smiglass:
Due to financial considerations, I found myself trying to sell my CDS3 head unit, having already sold the XPS2 and HiLine on A’gon. I listed the CDS3 on A’gon also, but there were two other units listed, so I thought I would try eBay. Well, I listed it with a partial serial number and several pictures and the following happened:
1. A few days after I listed my player, another CDS3 was offered at a ridiculously low starting price with no reserve for 3 days. The description was full of inaccuracies and misspelling and the pictures were lifted from elsewhere on the net. It “sold” for about $1200
2. There were several bids by someone called “naimcanada” with zero feedback and having joined eBay for less than one day! This bidder placed several bids against himself, falsely driving up the cost.
3. I received several phishing emails through the eBay system saying my listing had been seen on eBay before and offered a link to the webpage. When the link was activated, it led to an eBay “sign-in” page. I reported the first one but I got so many that I gave up trying to police them. I even got one after the auction was over.
Needless to say that I will not be doing serious business with eBay again! It is fraught with scam and fraud and I do not think it is trustworthy unless you know the vendor you are dealing with, ie, Gene Rubin Audio or Real HiFi, who are exemplary in their business dealings. I am posting this to make my fellow forum members aware.


I've been thinking about this story a bit; I've heard similar ones repeatedly.

What is it that that these scammers are up to, in posting duplicate listings parallel to the item that you've listed? I don't think they're merely phishing or trying to defraud other buyers by copying your listing. If that was all they were doing, there'd be no reason for them to post these at the same time as your item was listed; they could do it any time.

It seems to me that these people may be "professional" buyers who are interested in diluting the bidding market for your item so that they can get it at a low price. If they put up several other identical items at lower prices, they'll lure bidders away from yours, and they may be able (under another account name, presumably) to score your item at a low price.

Thoughts?

-Carl
Posted on: 09 March 2007 by prowla
My ebay score is 576 (!!!).
I've bought hi-fi, guitars, stamps, computers, pottery, games, DVDs, CDs, and lawd knows what else.
And I've sold some stuff too.
I've had only two or three bad experiences in that. On the one occasion I was ripped off (just a few quid), my credit card reimbursed me. On any occasions where buyers have been dissatisfied, Ive just refunded them (I once told the buyer of something to smash it up and send me a photo; he did!).
I like to think that I've a smidgeon of common sense: don't do auctions with bidders identity kept secret, look at sellers feedback before bidding, don't click on links from emails (if you have to pay, then it'll be in your "MyEbay", ignore Nigerian Bank scams, and so-on.
But basically no alarm bells here.
Posted on: 09 March 2007 by ewemon
My feedback is in the 400's and I can say probs have been few and far between. They usually consist of someone saying that their goods are in excellent condition then you find otherwise when you receive them. I then drop them a line and we come to an arrangement.

I have sold numerous bits of Naim on the eBay with only one prob due to my Bank and not the buyers.

Yep you get the phishing emails after the auction. But I try to be as careful as poss. Never click links and always log on to eBay to receive any messages from buyers or sellers. I also never reply directly to a buyer as they then have my email add again always send messages through eBay.
Posted on: 14 March 2007 by Howlinhounddog
Sound advice ewemon