eBay Lowers Fees For Parts & Accessories Over $1,000
eBay announced they are lowering a portion of the fees for Parts & Accessories sales over $1,000, effective today for sellers with store subscriptions. Existing Final Value Fees will stay the same under $1,000, but now any portion of a sale over $1,000 will be assessed at 2.35%.
Previously the full final value fee was applicable up to $2,500, at which point any portion over $2,500 was assessed at 2.35%. This change simply brings that threshold down to $1,000 instead.
It's not likely to affect a wide array of sellers, but for those who sell parts & accessories in the $1,000 to $2,500 range, I'm sure this will be welcome news.
Full announcement from eBay:
We’re updating our fees to help Parts & Accessories sellers make higher margins on their biggest sales. Starting September 21, we’ll lower the final value fee rate to 2.35% on the portion of Parts & Accessories sales over $1,000 for eBay Basic, Premium, Anchor, and Enterprise Store subscribers:
This fee reduction is an investment we’re making to help you bring your best Parts & Accessories inventory to eBay, confident that you’re getting top value from the marketplace. Your success is our success, and we look forward to building the world’s leading marketplace for auto parts and accessories together.
As always, thank you for selling on eBay.
The eBay Team
As many of the items I sell are £10 or less, this makes it not worth the bother and I'll probably have to give it away to the charity shop.
Add that to the "buyer protection" fee they've added on - and the costs are making it untenable for people trying to clear the house, or make a few bob from old bits and pieces. Not happy at all and there doesn't seem to be a way of opting out.
The sooner these sleazebags at the top can be got rid of, or some community-run buy/sell/swap sites come up - the better. We don't need ebay.