Thread: the next ebay?
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Old 06-02-2004, 08:22 PM  
serious
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Join Date: May 2003
Posts: 2,594
Quote:
Originally posted by ModelPerfect
Alexa rating for Prizewise: 304,770 (Ebay is 14)
Time to accumulate enough tickets: 185 days
Cost: 17%, plus 10% to the reserve which they add themselves to cover the free coupons = 27%

Why would anyone want to committedly hold on to something like a car for over 6 months, meanwhile having it depreciate, while they wait to see if enough tickets are sold? And with a traffic rating of only 304,770, it's very unlikely enough tickets would be sold. And then, they lose 27% of the price in commissions? I think I'll stick with Ebay.
Of course now the site is kind of useless since theres hardly anyone buying tickets, but if it takes off and cars are selling within a couple of weeks for double what you would pay at the dealer, imagine the possibilities.
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