This seller is creating his OWN "market forces" by trying to monopolize the market as I described in post #14. I'm sure the thrust of your post is the bold part above, but I beg to differ on the point of "market forces". I say decide from the outset how much you think the part is worth to you and stick to it. It's up to individual bidders to decide whether or not they wish to play their game but as we know, there will always be someone fall into the trap. Well done to you in drawing attention to particular dealers. Of course you are right in that there are individuals who will profit from our hobby and that is a shame but I am afraid that is how the game is being played out these days. Market forces will establish the outcome one way or the other whether we like it or not. In any auction, be it for property, fine arts or cars there will be a point at which the item on offer will either sell or be withdrawn. I have always evaluated the item that I wish to bid for and stuck to my guns even if it means loosing out on the part. I agree that this behavour is pushing up prices but on the other hand, it takes two to tango. They should know - and make their own evaluations. I am ONLY bring this to light for the readers of this forum. The trick is to grab as many parts as possible (I'm gonna guess this is all NOS or NORS parts by what he sells) both from eBay sellers AND guys that have come into large parts groupings that hear of his goofy purchasing prices who will then sell him "ALL" their stock.Īnd we "little guys" on the outside of this monopoly process get " screwed".ĪLL OF THIS INFO IS READILY AVAILABLE IF YOU JUST LOOK AT THE PUBLIC INFORMATION SHOWN BY E-BAY. Then resells the stuff for off the wall prices when he feels like putting them out there in his "Store". Made 38 purchases with 40 bids, which are probably done with a "robo-bidder" software. All-in-all not much effort put into this "business". He only bought from 6 different sellers in the last 30 days. What the chart shows here is that " m***m" pretty much only snipe bids (less than 1 hour left in auction for this winning bid). Here is the bidders hidden ID and that person's number of transactions at the time of the sale of this item that sold for $202.50: m***m ( 47965 ) Sep-21-12 17:59:53 PDTĪnd another interesting thing, check out the: Here is this guy's current user name and number of transactions for "AMS Obsolete" - formerly "Mitchell's Motor Parts": fmmpar | 47965 | None of these parts are available till then. REPEAT from step one.Īll parts this guy removes from the market become locked up in his store room until HE feels it is right to "RELEASE" them (and make large profit in the process). Go to eBay - Find desirable parts - Put in sniping bids at astronomical prices (just because "you can") - Win ALL parts you go after - Put them up for sale in a few weeks on your eBay Store for those SAME astronomical prices - Wait for desperate soul or "Mr Deep Pockets" to pay your exorbitant price - Make big money (at the expense of the little guy just trying to make his car work). Here is a study in how to create a monopoly. That same King Pin Set will pop up for sale by our favorite e-Pay seller "fmmpar" in a few weeks or so I betcha!
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