10-20-2022, 09:02 AM
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Leon
peasant/forum owner
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Join Date: Mar 2009
Location: near Dallas
Posts: 35,751
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Quote:
Originally Posted by raulus
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.
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How do you go about ignoring sales tax? Count me in but that is always another 8.25% from me. That is a cost, like it or not, for most collectors.
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Leon Luckey
www.luckeycards.com
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