Hi everyone.. I wanted to make everyone aware of what happened to me. Last night I won an Ebay Auction for a GTC/4 that was being offered by a Fchat member "Stacy" for $200,000. Its a grey on black car vin# 16057 I was sent the normal winning bidder email from Ebay and one personally from Stacy. Stacy has since emailed me to say that there was some technical problem with the Ebay Auction and a higher bidder who would have paid $260,000 for car was not allowed to bid. He is not honoring my winning bid now and has re-listed the car for $275,000 as a buy it now. Ebay Motors is not a binding auction as the regular Ebay Auctions are. So my recourse can be limited but not totally. Let me know if anyone else has had this happen to them?
Hello, a scam would indicate that you lost money by not receiving your product, be glad that you haven't as yet. The seller didn't accept your bid, therefore no sale. Be happy!
I will use your own quote for an answer... "Ebay Motors is not a binding auction as the regular Ebay Auctions are". There is no recourse, you just didn't get the deal you were hoping for. "Stacy" appears to be fishing for a few extra bucks and on an auction site that would be a morally questionable way to go about things but seems to be within the bounds of ebays rules.
huh? be happy? I suspect he is pissed off as he had committed to bid and won...only to be told...sorry, just kiddin. wtf????
seller should be admonished here publically by the vintage sect. that is poor form. he should not be peddling his car on ebay if he is looking for top dollar. his method is nothing short of duplicitous. shame.
Hey, I agree.. Ebay is like a polished Craigslist in a way.. That is the world we live in..No one is honest anymore.. If Stacy would have called me and explained everything in detail it would have been a whole lot better of a situation..Or he could have told me during the auction that he has no intention of selling for a certain price.. I just get a little ***** email that he is not honoring the deal and I can buy it now for $275K.. So suck on that Mike, he basically is saying.. And Happy New Year too..
The seller has now re listed it at $275K Ferrari Other 365 GTC 4 | eBay Ebay is what it is. Trash! Best AK
I was surprised the car sold for only $200K based on the description, assuming it was accurate and honest. I would not consider this a scam, however I believe the seller is less than ethical and at this point, it would be difficult to take him seriously. Thanks for alerting the community, although my bet is that someone outside the F-chat community will pay this guy's price if the car is as described.
Can someone post screenshots of both ads so that this thread may be of use in the future. Thanks, Art S.
No problem. For the record, this is s/n 16057. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
This would-be seller is officially a scumbag. He'll turn down a $275,000 offer and re-list it for $350,000. With any luck, he'll still own the thing when the bubble bursts. Happy motoring
Hello, Im sure the OP is upset as I would be too, however he lost no money of course he didn't gain any either. Its possible he could have recontacted the seller and ask what he really wants and come together with a solution, but the OP was already soured with the seller. Unfortunate, but the seller could have been telling the truth that there was a glitch as Im sure the seller didnt want to lose a possible $75,000.00 either. Hmmm sold an hour later, there might be something fishy. Who knows, maybe its a good thing you didn't put any money up.
ok....let's see here.... what you have described is called a "negotiated sale". the seller on the other hand represented that by going through ebay in the fashion he chose...is called an "auction" auctions are actually kind of fun as buyers get to bid and compete and sellers can build in some protections often referred to as "reserves". lol...look into it. simply put, the buyer was screwed and the seller was wrong, wrong, wrong. was I clear??
Hello, rethinking this a little. Suppose the seller did actually have a buyer at $260,000.00 that couldn't get on in time. Now that the car is sold one hour later, I can assume that it was in deed the higher bidder that bought it for such as the $275.000.00 price is scratched out indicating a best offer accepted. The seller could have sold the car without going through the EBay process and save himself seller and auction fees, however he did not. To me then the seller was being upfront and honest. I do understand the OP frustration, since $200.000.00 was obviously under market value.
While I know nothing about this transaction I will note that Stacy has been a member of the C4 owners website for some time and I have had dealings with him[parts sales] in the past . He was always upfront and honest with me. Mike
his ebay feedback corroborates your position with the exception of the sale of the car. it was handled badly by mr. stacy period. we all understand that extracting the most from a sale is always the goal but in an auction where there is no reserve or the reserve is too low...you get what you get unless you want to play dirty. let's agree that the car should have never been placed on ebay and if an auction was what he sought...rm or the like would have been a better medium. he remains in the wrong however for having conducted himself in a manner unbecoming.
Sounds more like seller's regret, as he certainly had ample time to re-list his 'auction' to different terms. Ebay ebay states in the terms of service that an auction may be retracted [and resubmitted] if 'a material fact was misrepresented'. That listing looks fair and square. but, there is no one to complain to that will give a hoot or change the outcome, other than from these boards....so, in deflecting yet another 1K+ posts on chatting... there is nothing more to dwell and much more to talk about.
I'm not sure why all the sour grapes on the seller. This is a free market, he is looking for top dollar, and is shopping it around,what is wrong with that? eBay is not a contractual legal document that you can have recourse , and no money was exchanged. The sour grapes to me is coming from the buyer that now calls the seller a "scum bag" because he couldn't score the deal of the year. This stuff happens in business all the time, and this is a free country, he hasn't signed over any documents promising a car to anyone at any price yet right ? So then he has a right. You all know very well if it was you in the exact same position you would do the same or similar thing....tell me I'm wrong.
I don't think that's very accurate. The auction is a unilateral contract. You don't have an obligation, unless you bid. But, if you list it and the terms are met, fair and square, the agreement should stand. If a buyer is induced to bid and wins, based upon the sellers representations, the seller is obligated to comply and carry through with the deal. Same goes for the buyer. That's the entire purpose and intent of an auction. To suggest that such should not be the case is a call to commercial chaos and an endorsement of absent ethics. Absent material facts to the contrary, the seller should get the benefit of what he bargained for---without question.