Likely to be of interest to anyone selling decent pins on eBay that are likely to go for more than £750 (not mine then, 'cos they're worth peanuts) but as of 2nd September 2014 the final value fee cap of £75 is being increased to £250. The official announcement on 1 August 2014 is here http://www2.ebay.com/aw/uk/201408011229082.html but here's the copy:
***New final value fee cap for private sellers on eBay.co.uk***
01 August, 2014 | 12:29PM BST
Hello,
On 2 September 2014, the maximum final value fee for private sellers will increase from £75 to £250. This change will only impact listings with a sale price of £750 and above (or £937.50 and above for private sellers with a Basic Shop) and will affect items listed from 2 September 2014 onwards.
As a private seller without a Basic Shop, this means that if you sell an item for under £2,500 your final value fee will be 10% of the total transaction price (including postage). If your item sells for over £2,500 you will be charged a maximum final value fee of £250.
As a private seller with a Basic Shop, this means if you sell an item for under £3,125 your final value fee will be 8% of that total transaction price (including postage). If your item sells for over £3125 you will be charged a maximum final value fee of £250.
This change does not apply to motors listings, property or classifieds. Business Seller fees remain unchanged.
Full details of eBay fees for private sellers can be found here.
Regards,
The eBay Team
Currently, eBay charges 10% on the final selling price up to a maximum of £75. This means that for things under £750 you're charged 10%, e.g., sold for £600 the fee is £600/10 = £60. As the cap is £75 anything over £750 you're always charged £75 in fees. For example, sell a pin for £800 it's £75, or sell a pin for £3,000 it's £75.
As of 2 September 2014 the cap is increased to £250. That means the 10% applies to sales up to £2,500. So that pin sold for £800 will now cost you £80 in fees. Not a massive jump at this price, but if you're selling something like a TAF for £3,000 then the fee will jump from £75 to £250 (because you're charged 10% up to £2,500 = £250)!
Personally, I've always found the fee cap odd and had assumed the 10% applied to all final selling prices, but as I'd never sold anything anywhere near £750 (and unlikely too) hadn't given it much thought.
But be warned pin sellers! List your top-end pins before 2 September or be hit with higher fees. Or just shaft eBay back by using it as a shop window, sell cash on collection and cancel the auction.
***New final value fee cap for private sellers on eBay.co.uk***01 August, 2014 | 12:29PM BST
Hello,
On 2 September 2014, the maximum final value fee for private sellers will increase from £75 to £250. This change will only impact listings with a sale price of £750 and above (or £937.50 and above for private sellers with a Basic Shop) and will affect items listed from 2 September 2014 onwards.
As a private seller without a Basic Shop, this means that if you sell an item for under £2,500 your final value fee will be 10% of the total transaction price (including postage). If your item sells for over £2,500 you will be charged a maximum final value fee of £250.
As a private seller with a Basic Shop, this means if you sell an item for under £3,125 your final value fee will be 8% of that total transaction price (including postage). If your item sells for over £3125 you will be charged a maximum final value fee of £250.
This change does not apply to motors listings, property or classifieds. Business Seller fees remain unchanged.
Full details of eBay fees for private sellers can be found here.
Regards,
The eBay Team
Currently, eBay charges 10% on the final selling price up to a maximum of £75. This means that for things under £750 you're charged 10%, e.g., sold for £600 the fee is £600/10 = £60. As the cap is £75 anything over £750 you're always charged £75 in fees. For example, sell a pin for £800 it's £75, or sell a pin for £3,000 it's £75.
As of 2 September 2014 the cap is increased to £250. That means the 10% applies to sales up to £2,500. So that pin sold for £800 will now cost you £80 in fees. Not a massive jump at this price, but if you're selling something like a TAF for £3,000 then the fee will jump from £75 to £250 (because you're charged 10% up to £2,500 = £250)!
Personally, I've always found the fee cap odd and had assumed the 10% applied to all final selling prices, but as I'd never sold anything anywhere near £750 (and unlikely too) hadn't given it much thought.
But be warned pin sellers! List your top-end pins before 2 September or be hit with higher fees. Or just shaft eBay back by using it as a shop window, sell cash on collection and cancel the auction.
