The great eBay rip off

It has been a while since I sold anything on eBay and I was discussing it last week with my brother.  Did you know they now charge 10% of the final price plus the listing fee’s ?  He asked.  I thought, no that can’t be right.

It appear’s he was absolutely right.

Here is a breakdown of the closing fee’s (and don’t forget you have to pay to list the damn thing as well)

Final Selling Price  : Final Value Fee

£0.01 and above

10.0% of the amount of the winning bid, up to a maximum Final Value Fee of £40.00

and for business users

£0.01 – £29.99

8.75% of the amount of the winning bid up to £29.99

£30.00 – £599.99

8.75% of the initial £29.99 (£2.62) + 5.25% of the remaining balance of the final selling price

£600.00 or more 8.75% of the initial £29.99 (£2.62) + 5.25% of the initial £30.00 – £599.99 (£29.93) + 1.5% of the remaining balance of the final selling price.

Media
Item not sold No Fee
Item sold 9% of the closing balance
Technology
Item not sold No Fee
£0.01 – £29.99 5.25% of the amount of the winning bid, up to £29.99
£30.00 – £99.99 5.25% of the initial £29.99 (£1.57) + 3% of the remaining balance of the final selling price
£100.00 – £199.99

5.25% of the initial £29.99 (£1.57) + 3% of the initial £30.00 – £99.99 (£2.10) + 2.5% of the remaining balance of the final selling price
£200.00 – £299.99

5.25% of the initial £29.99 (£1.57) + 3% of the initial £30.00 – £99.99 (£2.10) + 2.5% of the initial £100.00 – £199.99 (£2.50) +2% of the remaining balance of the final selling price
£300.00 – £599.99 5.25% of the initial £29.99 (£1.57) + 3% of the initial £30.00 – £99.99 (£2.10) + 2.5% of the initial £100.00 – £199.99 (£2.50) +2% of the initial £200.00 – £299.99 (£2.00) +1.5% of the remaining balance of the final selling price
£600.00 or more 5.25% of the initial £29.99 (£1.57) + 3% of the initial £30.00 – £99.99 (£2.10) + 2.5% of the initial £100.00 – £199.99 (£2.50) +2% of the initial £200.00 – £299.99 (£2.00) + 1.5% of the initial £300.00 – £599.99 (£4.50) + 1% of the remaining balance of the final selling price
Add to this the fact it costs £1 for a ‘buy it now’ button, your paypal fee’s of 20p plus 1.4%-1.5% and suddendly eBay is a very expensive place to sell.
There has to be a better way.  5% across the board.  Who is going to take up the challenge ?
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