Posted by Keith in Washington on Wednesday, October 24, 2001 at 1:00PM :
In Reply to: Ebay lights posted by Keith (Alberta) on Wednesday, October 24, 2001 at 11:50AM :
Ebay is typical in some respects to all auctions. There can be some very good deals from time to time. But as with all auctions there is the occasional significant overbid. I have seen this in the oil industry and else where. Basically it is caused by a person or company who has determined that they absolutly must have the item regardless of cost. Obviously someone has been looking for these parts for a long time and has not been successful and was willing to pay for them.
This happens. Will this drive the market price for cowl lights in the future? No! We all hear about a fantastic buy someone made, but that does not drive the market down neither will an occasional massive overbid such as this.
Does Ebay really represent the market for Power Wagons. No not really.
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