No reserve price

[highlander1000_0]

If an item is listed as NO RESERVE price how can they have a set starting price ???? is that not the same as a reserve price ????

How can they list this way.

[*help_no_brakes*]

Would a ZERO starting price make more more sense to you?

That way you could bid zero & win the item.

ALL auctions have an opening bid that the auctioneer sets...or in this case the seller.

[legitimate_bidder]

A reserve price is a minimum price which is usually unknown to the bidders, and higher than the opening price.

The opening price is just the opening price, be it a dollar or a thousand dollars. What difference does it make?

With just an opening price, if you bid the opening bid, and no one out-bids you, you get the item. With a reserve price, if you bid the opening price and no one out-bids you, you don't get the item if you haven't met the reserve price.

Ultimately, what difference does it make? People aren't going to gtive their stuff away for nothing.

When Christy's or Sotherby's auctions off pieces of art that are worth millions, even if there is no reserve, do you think they start them at a penny? Why waste time?

[atikovi]

This thinking is probably why so many people fall for offers of 4 year old cars selling for $2,000 with free delivery and 10 day money back guarantee's.

[tony1963]

No one is going to take a loss on a vehicle.  If you are looking for the deal of a lifetime, maybe this isn't the forum?

why not just shop locally?