I'm looking for a GPU to finish my build but the deal with GPUs right now reminds me of when I was trying to get a PSU, but maybe worse. Wondering if stock and prices will be getting back to normal before end of this year?
It was $20 shipping + $30 sales tax, and fees are on the total price after shipping as noted earlier. I have no idea how the sales tax is legal since the item was already taxed when I bought it, but the state governments aren't going to give up the extra revenue.
I'm not the seller but the fee break down would be roughly:
Sale price: $550
Shipping price: $50
Ebay+Paypal fees: $600 * 0.13 = $78
Profit = $600 - $78 - $50 = $472
You can avoid paying sales tax at the time of purchase on items you intend to resell, but there's a whole process to it and rules you have to follow. I'm pretty sure it won't apply to used items anyway. For used items, pretty sure you're just out of luck after the new internet tax laws went into effect.
Gotta say, I'm using Facebook marketplace a lot more because of taxes on used goods being a thing.
I haven't used Facebook marketplace, do they not charge sales tax on it?
No, but I do only local sales and somehow the people are (in my experience) much dumber on FB than CL. I live in a northern suburb but FB lists the location as "Minneapolis" because like CL that's the region I am in. The number of people who waste my time because they don't read the first sentence (or last sentence) of my posting which states explicitly where I live - or use the map that shows the suburb where I live - but will spend the time to negotiate a time and price to pick it up AND then "discover" where live is mind blowing.
Idiots everywhere
I'll have to look into FB marketplace's terms to see why they aren't charging sales tax, but it might be because you are doing local sales only.
No, but I do only local sales and somehow the people are (in my experience) much dumber on FB than CL. I live in a northern suburb but FB lists the location as "Minneapolis" because like CL that's the region I am in. The number of people who waste my time because they don't read the first sentence (or last sentence) of my posting which states explicitly where I live - or use the map that shows the suburb where I live - but will spend the time to negotiate a time and price to pick it up AND then "discover" where live is mind blowing.
Idiots everywhere
My wife keeps talking about that...it's the new thing. May have to look at that. I normally just list locally on Kijiji. Would it be an issue for me on Ebay that I don't have any 'cred' (feedback)? I know that it used to be dicey buying from someone with a 0, or does Ebay have better buyer recourse now?
My general rule of thumb is to avoid people with lower than 99% rating on ebay both as buyer and seller...unless I'm the buyer and it's a big box seller's ebay front like Dell or NE, then I don't care.Ebay protects buyers pretty well now, maybe even a little too well according to seller critiques I've seen. I think a rating of 0 will probably still effect you. The higher price the item the more weary people will be. Who knows though with GPUs in such high demand, there'd probably be people willing to go for it anyway.
I'll have to look into FB marketplace's terms to see why they aren't charging sales tax, but it might be because you are doing local sales only.
My general rule of thumb is to avoid people with lower than 99% rating on ebay both as buyer and seller...unless I'm the buyer and it's a big box seller's ebay front like Dell or NE, then I don't care.
I'll have to look into FB marketplace's terms to see why they aren't charging sales tax, but it might be because you are doing local sales only.
This, to me, seemed like a really stupid way for them to address the whole shipping cost abuse issue. Maybe I'm stupid, but it seems they could have implemented some kind of algorithm to flag the abusers and not make everyone pay ebay a fee on the shipping cost. To me it felt like it was just a sneaky way for them to get a higher percentage of every sale. OTOH, it may have been an incredible effort to try to quash the abuse, and this was just the easy way out. Whatever. I just don't sell there unless I can't move stuff any other way.They started charging shipping fees because sellers would list something like a 3090 at $10 with a shipping fee of $1900 so only the $10 sale price would be subject to the ebay fee until ebay changed their policy. It also would make a lot of people upset who would buy an item at way below cost not realizing the shipping fee was the real cost of the item.
That's actually the least of the problems as a seller. I don't sell often enough to justify any store subscription and the 13% min fee for ebay+paypal is a killer. Now they charge tax on top so the delta between what the buyer paid and the seller receives is quite high. A buyer can feel cheated buying a 3070 for 900 but the seller may have only made a $50 profit on it all said and done..yea it's scalping but ebay is the one doing it not the seller.This, to me, seemed like a really stupid way for them to address the whole shipping cost abuse issue. Maybe I'm stupid, but it seems they could have implemented some kind of algorithm to flag the abusers and not make everyone pay ebay a fee on the shipping cost. To me it felt like it was just a sneaky way for them to get a higher percentage of every sale. OTOH, it may have been an incredible effort to try to quash the abuse, and this was just the easy way out. Whatever. I just don't sell there unless I can't move stuff any other way.
Back on topic, I'll be very interested to see where prices settle when/if the supply ever gets close to catching up. I'm working like hell to justify the newer prices to myself; It's just hard for me to pay as much (or more!) for the video card as I do for the rest of the machine. Just spoiled, I guess!
What do you do?I got 'carded' again..what do I do...what do I do now? 😃
This was while I was out in an area with spotty coverage too...
It's not a secret, just discord and a twitchy finger lol.What do you do?
You tell me you secret, that’s what!
AT is a community with rules, H is a dictatorship with whims. I was praised for selling a 5600x essentially at cost and then perma-banned for doing the same with a 5800x less than two weeks later. And while I will keep politics out of this sub-forum, let's just say if you are more aligned with the new administration, expect some general hostility there.