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Old 12-24-2021, 06:51 AM
jayshum jayshum is offline
Jay Shumsky
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Join Date: Jan 2019
Location: NJ
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Quote:
Originally Posted by Eric72 View Post
Fair enough. I'm not one of the angry buyers to whom I referred in my post, though. I just tried to figure out the psychology.

The BP (and sales tax, shipping, insurance, etc) is something I take into account when bidding at an auction. My estimates are fairly accurate and I enter everything in Excel before extended bidding starts. That way, I can adjust on the fly.

Am I willing to pay X? I'll enter that number in the appropriate cell and it will recalculate my max bid.

The next bid increment is Z? I'll enter that number in the appropriate cell and it will recalculate all-in cost.

I think there are bidders who don't think things through. They'll have an "oh, $#!t" moment later, followed by a dash of buyer's remorse.
I do basically the same thing in Excel so I can tell what final cost my bid will ultimately translate into including bp and tax. All the AHs include what their bp is in their auction rules so it's easy to find even if they don't show it when you place a bid. What isn't easy to know is how much shipping will cost. A few AHs have set prices for shipping based on the total invoice which makes it easy. However, most don't so it can sometimes be a surprise to see how much shipping is added onto a fairly low-priced card.
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