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A cross between a car boot sale and an auction house - all done online.
eBay is a essentially a car boot sale on the web. On the eBay website you can browse through items that are for sale which range from books to bikes, from digital cameras to diamond ear rings. It is hard to think of anything that has not been sold on eBay - firearms excluded!
You can use eBay to buy and/or sell pretty much anything you like - just as you could at a car boot sale. The main way of buying an item on eBay is to place a bid on the item - just as you would at an auction.
To do either you need to register as an eBay user. It is free to register and only takes a few minutes to complete the online registration form.
As a buyer you can get some excellent bargains on eBay as well as lots of items you may struggle to find for sale elsewhere. You pay no more than the cost of the item you purchase plus the stated postage and packing.
As a seller you can put items up for sale on the internet without any need to set up a website of your own. The whole process is done online and requires no greater expertise than been able to use a web browser. The cost of featuring an item on eBay varies according to how you want to present your item. The minimum cost you will incur is made up of an insertion fee and final value fee.
The 'Insertation Fee' is charged for featuring the item you wish to sell and based on the starting price you choose as follows.
| Insertion Fees |
| Starting or Reserve Price |
Insertion Fee |
| £0.01 - £0.99 |
£0.15 |
| £1.00 - £4.99 |
£0.20 |
| £5.00 - £14.99 |
£0.35 |
| £15.00 - £29.99 |
£0.75 |
| £30.00 - £99.99 |
£1.50 |
| and up |
£2.00 |
The 'Final Value Fee' is based on the final price you sell the item for and charged as follows:
| Final Value Fees |
| Closing Price |
Final Value Fee |
| Item not sold |
No Fee |
| £0.01 - £29.99 |
5.25% of the highest bid up to £29.99 |
| £30.00 - £599.99 |
5.25% of the initial £29.99 (£1.57), plus 3.25% of the remaining closing value balance |
| Over £600.00 |
5.25% of the initial £29.99 (£1.57), plus 3.25% of the initial £30.00 - £599.99 (£18.53), plus 1.75% of the remaining closing value balance |
The Final Value fee is only incurred if you sell your item.
 How to Buy
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