posted on February 13, 2005 12:28:39 PM new
Okay, I have the contract.
Compensation seems very generous 40% on gross sales.
Now here's my question: Is it worth it?
There is only ONE other Ebay Motors dealer in Chicago, and it seems like this Florida guy wants to penetrate the market.
What do you guys think?
http://lwright.biz/index.html
posted on February 13, 2005 03:06:31 PM new
Unless you know a lot about contract law, I'd have an attorney look it over before signing anything. Tomwiii and Ralphie issued their warning in the other post and I'll do the same in this one. You must tread very carefully with these people. If it seems too good to be true, it probably is. Ask yourself this, how many other people has he contacted? How many people turned him down? Personally, I'd run the other way from it.
Know that most dealers do not like selling their cars on eBay. Too risky.
Cheryl
"No drug, not even alcohol, causes the fundamental ills of society. If we're looking for the source of our troubles, we shouldn't test people for drugs, we should test them for stupidity, ignorance, greed and love of power." ~ P.J. O'Rourke
posted on February 13, 2005 05:49:15 PM newCheryl:
Ralphie comments that it must "be going in one beer and out the other..."
"Who could have possibly envisioned an erection — an election in Iraq at this point in history?" Prez.Jim Beam, at the White House, Washington, D.C., Jan. 10, 2005
posted on February 13, 2005 08:33:52 PM new
Let me get this straight. A car dealer is going to give you 40% of the gross to sell cars for him on Ebay? If so, this guy is either Santa Claus in disguise, or he's pushing stolen cars. My guess is it isn't St. Nick.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on February 13, 2005 10:01:46 PM new
Two things.
First. No such thing as territory rights when it comes to selling cars.
Second. Is your pay 40% of gross sales or 40% of gross profit? Those are two very different things. Being in the car business most of my life, I do know that car sale personal are usually paid off of a gross profit margin and not gross sales.
One more thing to consider. Who is paying the listing fees and final fees? If you are, it is not a good deal at all. The deadbeat rate on car sales on ebay is very high. At our place, it is running around 80%, but they still keep listing. They do get their $40 FVF back, but that $40 listing fee is gone every time. My guess is they expect you to pay the listing fees and FVFs. I would avoid it if that is what the contract is offering.
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Alive in 2005
posted on February 13, 2005 10:18:37 PM newStonecold:
Yer a used-car salesman?
"Who could have possibly envisioned an erection — an election in Iraq at this point in history?" Prez.Jim Beam, at the White House, Washington, D.C., Jan. 10, 2005
posted on February 14, 2005 03:34:54 AM new
No, you got it wrong: I'm going to signup dealers to sell on Ebay. They pay listing & FVF. I get % based on the listing.
I will be rep'ing an Ebay Motor Dealer Asst.
http://lwright.biz/index.html
posted on February 14, 2005 04:01:51 AM new
I could be wrong but it looks like you have nothing to sell. Why would a dealer sign up with you to sell on eBay when when they can do it themselves for free?
posted on February 14, 2005 04:52:00 AM new
Good point, alldings. Sounds rather suspicious to me.
No, you got it wrong: I'm going to signup dealers to sell on Ebay. They pay listing & FVF. I get % based on the listing.
This doesn't make sense to me at all. Signing up on eBay is free. Why in the world would you go through a third party if this is something you can attempt on your own? It doesn't sound right to me. Do you think these dealers are actually going to pay the people you are under contract with? Where's their profit if you're getting 40%? If you're getting 40% God only knows what the people you're working for are getting. I don't know of any car dealers that will take that kind of hit on their profit. Besides, you'd have to talk the dealership into signing a contract with you or the other party. Otherwise, they're under no obligation to give you anything at all.
I'd be curious to see the contract.
Cheryl
"No drug, not even alcohol, causes the fundamental ills of society. If we're looking for the source of our troubles, we shouldn't test people for drugs, we should test them for stupidity, ignorance, greed and love of power." ~ P.J. O'Rourke
