Can they be serious?

[John HaineParticipant @johnhaine32865]

[John HaineParticipant @johnhaine32865]

im amused to see that I could buy a brand new swivelling vertical slide for my Myford on a certain eBay shop for just £1334! A bargain I'm sure. Or I could get an SX2.7 mill from Arc at about £200 less.

[Mick B1Participant @mickb1]

I've seen this a lot – crazy Bay prices in engineering tools that nobody would pay. I've often wondered what the intention is – there are too many to be accidental. For example, you can get an Everite Knob from Myford Ltd. for £998.95.

Edited By Mick B1 on 09/09/2017 09:43:49

[HopperParticipant @hopper]

Sometimes when they go out of stock they put on a silly high price just to hold the advert slot so they don't have to set it up from scratch all over again when new stock arrives. Instead they just put the real price in and away you go. RDG do it a lot too.

[Mick B1Participant @mickb1]

Posted by Hopper on 09/09/2017 09:43:57:

Sometimes when they go out of stock they put on a silly high price just to hold the advert slot so they don't have to set it up from scratch all over again when new stock arrives. Instead they just put the real price in and away you go. RDG do it a lot too.

Aha! thank you! 😀

[Michael BriggsParticipant @michaelbriggs82422]

I believe it is done to avoid eBay charges. If an item is out of stock they change the price to something silly until they restock. If the item is removed from eBay and then reposted there is a charge. The other answers arrived while I was typing, could be a combination of reasons. Regards, Michael 

 

 

Edited By Michael Briggs on 09/09/2017 09:56:29

[MadMikeParticipant @madmike]

What Hopper said. This is quite normal practise for ebay stores. I am always amazed that people who read the ebay ads do not realise this, it is certainly not a new or dodgy practise. It is all about not deleting and subsequently setting up their web page again. Apart from the time involved I believe that traders would have to pay to relist the goods. Some put a silly price on as a "flag", and some, Chronos for example, just label things as Out Of Stock.

[Martin DowingParticipant @martindowing58466]

All is OK with reasoning above, but I bet that an odd fool sometimes *does* pay.

[SillyOldDufferModerator @sillyoldduffer]

I see Amazon have been criticised this week. It's been noticed that they often change the price of items, perhaps as much as 260% in a year. It's suggested that the purpose is to create the impression that goods are priced competitively, when in fact, on average, they aren't.

Just another thing for buyers to check; don't assume that any vendor always offers the best deals. I expect it catches a lot of people out – very often I want things in a hurry and will cough up provided the item is not grossly overpriced.

Dave

[Martin DowingParticipant @martindowing58466]

@SilyOldDuffer,

Tactics which you have noticed is one of many symptoms of far wider disease of Western economies in general.

There is less and less to sell and more and more hot air blown in. No substance, no manufacturing anymore, just rules & regulations forcing us to do nothing and more debt everywhere. Fraud out of plain necessity becomes about the only viable business model, at least for larger entities.

It is no longer economy, it is just pretense which is going to blow up and lots of hardship and pain will follow.

[Mick B1Participant @mickb1]

Posted by Martin Dowing on 11/09/2017 17:20:24:

@SilyOldDuffer,

Tactics which you have noticed is one of many symptoms of far wider disease of Western economies in general.

There is less and less to sell and more and more hot air blown in. No substance, no manufacturing anymore, just rules & regulations forcing us to do nothing and more debt everywhere. Fraud out of plain necessity becomes about the only viable business model, at least for larger entities.

It is no longer economy, it is just pretense which is going to blow up and lots of hardship and pain will follow.

Sorry, but I think that's a ludicrously OTT conclusion to draw from a bit of idiosyncratic placeholding behaviour by Bay sellers.

There may indeed be pain and hardship to come, but if it does it won't be from shortage of stuff, it'll be food, water and safety. I doubt anybody would pay the crazy prices those Bayers put up – you'd have to have insufficient braincells even to know what engineering is, to do so.

I have found – in those periods when I have money – that there are plenty of people willing to supply real goods and services in exchange for it.

[Martin DowingParticipant @martindowing58466]

I have commented on wide change of prices noted by previous poster, not on items like *handwheel for $ 1000 or so".

Regadring shortages of stuff.

It is our foolhardy assumption that most inteligent nations on Earth like Chinese or Koreans are going indefinitely to produce "stuff" for us and accept payments with funny money generated out of thin air as need arise.

At some point they will demand payments in harder assets, the terms we cannot meet.

Then prices of Chinese crap will skyrocket and due to lack of domestic manufacturing base (which got legislated out and outsourced) Europeans will not be able to afford even panties.

As I have said, our economy is just a hot air.

[Steve WithnellParticipant @stevewithnell34426]

Posted by SillyOldDuffer on 11/09/2017 11:10:56:

I see Amazon have been criticised this week. It's been noticed that they often change the price of items, perhaps as much as 260% in a year. It's suggested that the purpose is to create the impression that goods are priced competitively, when in fact, on average, they aren't.

Just another thing for buyers to check; don't assume that any vendor always offers the best deals. I expect it catches a lot of people out – very often I want things in a hurry and will cough up provided the item is not grossly overpriced.

Dave

Just install "CamelCamelCamel" add-on into your browser – when you browse an AMazon item, it will give you a price plot over the previous months.

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