End of an era

marshg246

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Every few months, eBay makes a unilateral change that sellers must accept or quit selling on eBay. These changes sometimes are good for buyers, but are always bad for sellers. The latest change took effect yesterday for me and I decided not to comply. Therefore, all my listings will expire within 30 days and my 19 year relationship with eBay will end.

Many here buy directly from me and enjoy MUCH lower prices than on eBay. Partly because it costs me less but mostly because I don’t try to make money selling parts to people I know. Selling parts is NOT how I make my living!

So, I have about $100k of new parts in stock, Mostly from AN, AMAL, Tri-Spark, and Wassell. I also have used parts. For those not in a hurry, I can get you new parts for less than you can get them yourself in most cases. This is because I place large orders which makes the shipping hurt less.

Due to shipping costs, this makes the most sense for people in the US, but I will ship anywhere.

Email me at marshg@gregmarsh.com or call me at 703-200-4025 with your needs or see what I have in stock here: https://www.gregmarsh.com/MC/ForSale.aspx
 

marshg246

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in a nutshell what is ebay up to?
They are forcing sellers into a program called "Managed Payments". They collect the money and then transfer it to your bank account daily or weekly. So, besides having to give them access to your bank account, there's a lag in access to the money, but you still have to ship in one day or pay higher eBay "Final Value" fees. In the past, it came from the buyers PayPal account to your PayPal account instantly. It makes accounting, already a major PITA much harder - especially when your system is setup for one monthly eBay charge, and PayPal charges as they happen. I use PayPal like a bank account with instant money access and with the ability to buy things worldwide whether there is money in the account or not.

In n addition to the Store Fee, Final Value Fees on the sales, and Final Value Fee on shipping, for sales where one item is purchased, eBay's initial "Managed Payment" fees in are 2.7%+$.30 whereas PayPal's are 2.9%+$.30. Sounds good? If a buyer buys two things, eBay Charges 2.7%+$.60 and PayPal still charges 2.9%+$.30 and on three its 2.7%+$.90 where PayPal is still 2.9+$.30. On small items this is is terrible. PayPal falls under the Federal Credit Card rules, eBay does not. eBay regularly changes their rules. They already quietly raised the transaction fee from $.25 to %.30.

But, most importantly, eBay insists on using my social security number rather than my business's Federal Tax ID - not happening. They've had data breaches - my business info is all they get.

Different subject:

Earlier this year, our wonderful Government changed a basic tenant of Interstate Commerce and eBay was forced to collect sales tax. It's complicated, but that was a windfall for both eBay and PayPal and it really screwed up seller's accounting. When buying direct and you're outside VA, there is no sales tax - that alone makes it better for buyers to go direct instead of through eBay.
 

MichaelB

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But, most importantly, eBay insists on using my social security number rather than my business's Federal Tax ID - not happening. They've had data breaches - my business info is all they get.
That alone would be a deal breaker for me.
I have had to educate more than one person on this, and I have also walked.
I am adamant about protecting my SS #.

Good for you.......
 
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I’ve purchase many parts from Greg and I’ve called him for advice; Greg is honest and fair and his prices are great. I’m actually sending him my gear box today for repair.

Go to Greg directly and ask him for any parts you need, I would bet you that he either has them used or can get them to you for a good price.

Greg is a great guy and a wealth of knowledge. It’s a shame ebay is changing yet again...
 
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I'll call Greg and dump E-Bay. What's up with Turbo-charged prices these days? Alcohol is still a real bargain, if your liver is in good nick.
 

jimbo

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.......Different subject:

Earlier this year, our wonderful Government changed a basic tenant of Interstate Commerce and eBay was forced to collect sales tax. It's complicated, but that was a windfall for both eBay and PayPal and it really screwed up seller's accounting. When buying direct and you're outside VA, there is no sales tax - that alone makes it better for buyers to go direct instead of through eBay.
So lets say I sold something on ebay, and they charged sales tax. They send the funds plus the sale tax to me. What am I supposed to do with it?:mad:
 

marshg246

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So lets say I sold something on ebay, and they charged sales tax. They send the funds plus the sale tax to me. What am I supposed to do with it?:mad:
They do not send the sales tax to you. However, if you use PayPal or Managed Payments, you are charged the fee on the sales tax. I asked the Virginia Sales Tax people how to handle it and they said to treat the sale as if it didn't happen when reporting total sales for the period. I have no idea if other states look at it the same. Obviously, you and eBay should not pay sales tax on one sale.
 
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yes they do
They do not send it to me.

So if they send it to you, you have to report and pay to each state, the tax Ebay collects?
And get a seller permit, that is what Calif. calls it, for each of the states eBay collects tax for?

Since they do not send it to me, I do not.
 

marshg246

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yes they do
No, they don't. It's very confusing. If you look in PayPal, it's looks at first like you got it, but then when look closer they add it to your fee but return it to eBay. Damned annoying and what a PITA for accounting.
 

marshg246

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The really insidious part is that at the beginning of the year, the VA sales tax for VA residents was sent to me, but once they started collecting for other states they quit sending any sales tax to me. At first they explained nothing and just included it in the PayPal fee. Then PayPal found a slightly better way to portray it which is still done today. I spent at least $1000 of my time before I figured out what was going on including talking to eBay, PayPal, and VA and then had to correct my accounting to that point. I also paid sale tax to VA that had already been paid by eBay and just ignored that loss figuring that it wasn't worth the effort to get it back.

Update on my original post. eBay originally said that my listings would not renew and I could not list more without switching to Managed Payments. The a-holes half lied. I cannot list new items, but my listing are renewing and I can edit them - I guess they want every last dollar. Proves that they simply want to make more money as my sales continue to go through PayPal. The good news is that I've gotten my direct sales up to 55% of the total and rising. I'll be VERY happy to finally leave eBay. I do consider it a loss - for close to 25 years, I've looked for used parts for motorcycles and IT equipment on eBay - there's really no substitute.
 

jimbo

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No, they don't. It's very confusing. If you look in PayPal, it's looks at first like you got it, but then when look closer they add it to your fee but return it to eBay. Damned annoying and what a PITA for accounting.
You are right, the sales tax is charged to the buyer included then subtracted from the sellers account , I didn't look far enough into it. good , I don't have to do anything.
 

grandpaul

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I wonder how much of the sales tax revenue they actually send to the various states?

I'll bet they charge the states a percentage fee for collection, which you or I will NEVER be able to do...
 

marshg246

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It's quite a windfall for eBay. In VA, a "dealer" gets a "discount" about approximately 1% of the sales tax. Put another way, they collect the money and give VA 99% of what they collect. I'm way over simplifying it. I imagine most states do something similar. But the big money is that eBay charges the final value fee on the total. So, if you have a eBay store and you are a top-rated seller, you "only" pay 8.9% - you pay much more otherwise. If you're in the Managed Payments plan, they charge 2.6% on the total. So, you're paying multiple times on the same money. It also was a windfall for PayPal. The PayPal fee is on the total, not the part the seller gets.
 

gortnipper

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Works as well as the NZ government, who charge 15% VAT (sales tax) on imported goods, and on shipping, customs fees, inspections, sevice charges, duty and any other fees they can come up with. 15% on all that "added value".
 
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F*cking leeches everywhere... If you have money, somebody, somewhere will dream up a way of getting a slice with as little effort as possible..
When I cashed my private pension, HM Govt. rules that I should consult an 'independent financial advisor' before I proceed. In fact they even allow me a 'tax free withdrawal' from my savings to pay these parasites.
My pension provider is supposed to ask for proof of consultation before they'll proceed to allow me access to my money, luckily I spoke with a nice man in Glasgow who was sympathetic to my cause and this was overlooked....
Rant over :)
 

bsaboss

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If the seller uses eBay's Global Shipping Program the Australian 10% GST (VAT by another name) is inflated to about 19%. Given that percentage is also applied to the shipping cost, as well as the item (and shipping to Australia can run into hundreds of dollars for heavy items) it really hurts the pocket. I tried to get around the high USPS shipping cost by having heavy items sent to a specialist shipper in LA that loads parcels in the same shipping container they're shipping cars and bikes to Oz in and eBay charged me for Californian state tax of 6% and then the Aussie government hits me for their 10% (charged on the shipping cost as well) when it lands. Doesn't seem to be a way around it when buying via eBay.
 
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