Quote:
Originally Posted by sb1
Ebay is going to cost well more than 10%, 13-14% for higher volume sellers, about 20% for casual sellers once they collect their fees and the payment fees. I have only sold a few hundred dollars on their in the last year and looked at my total sales/tax withheld/payout, etc and their take was 21.2%.
|
Went back and double checked the rates. Looks like it’s 12.9% for the first $7.5K for any given item you sell on eBay. If the item is over $7.5K, then the percentage declines.
You’re right that PayPal or credit cards charges another 3%, give or take.
Depending on where the buyer lives, they do pay sales tax, although they are going to pay that on any platform or retail venue, except for maybe the BST here. Naturally, some states (like my home state) have zero sales tax. So it’s hard to figure it, although for some buyers it could be as much as 10%.
So more like 16% selling costs on eBay, all-in, ignoring sales tax, which could be nothing, or could be a lot.