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Wednesday, September 30, 2009
2:22 PM TweetThis
  • GM's fling with eBay (EBAY) looks to be over, at least for now, as evidence suggests it drew a lot of lookers but not a lot of buyers. And some typical online-auction behavior: One bidder submitted a $2,500 bid on a $40,000 vehicle.

This news story has 4 comments:

  •  
    Maybe they should try a deal with Amazon. It is a much classier space, plus one click purchases and free shipping will seal the deal.

    Now if they could just find a way to avoid sales taxes...
    Sep 30 02:45 PM | Link | Reply
  •  
    Here's a crazy thought, if you don't want people bidding $2,500 on a $40,000 car then maybe listing that car on an auction site in the first place was a bad idea.
    Sep 30 02:55 PM | Link | Reply
  •  
    Perhaps the 'real value' of that vehicle is only $2500 for that bidder. Even a 1995 civic can cary 4 people from point A to B, and it will not break down like this GM vehicle will
    Sep 30 03:41 PM | Link | Reply
  •  
    The sales price of an object is not the same as the "value" of that object. GM (should know that by now) Why did GM set a $40,000 price tag on the car does not mean that the car's "value" is $40K. GM has to factor in wages to some "workers" who do not work and sit around in a hiring hall while getting 90% of their salary...so! they think us drones will just shuffle up 'an pay the price (that they need to avoid bancrupcy,,'cause they are a US co,) Those days are gone forever!
    gato
    Sep 30 04:22 PM | Link | Reply
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