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Wednesday, January 03, 2007

  PS3's on eBay are breaking hearts

They are also breaking dreams of huge profit taking and in some cases wallets...

There are a number of Playstation 3 auctions that went well below retail price (including shipping costs). I personally know someone who has won bids on 2 60GB units but in both cases the sellers refused to sell the consoles for the $400-ish end price. Why did they not use a reserve price? Do they not understand that in most locales the online auction is considered a legally binding contract??

Apparently they thought they could jump on the profit taking bandwagon even though the rush was over. It would be hilarious if someone actually started taking people to court over this stuff.

Unfortunately though there is little one can do about a nonperforming seller, especially if they refuse your payment. If you leave a negative feedback, they can be dicks and do the same to you even though you did nothing wrong. Some of these sellers whose auctions are ending hundreds of dollars below retail are being honest though. I found at least a few like this one that went for $305. According to the feedback notes on the buyer and seller, it looks like the item shipped.

People who can't spell playstation might also find themselves selling a console for much less than they payed. I'm keeping my eye on the auction below... The current bid is for $49. See the title of the item below this quality picture:

End Date = Jan-06-07 20:00:38 PST
Stupid as seen on tv knife
Playstaion 3 - Game console NEW w/ a Free TMX elmo

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