I'm thinking of listing a high value item on ebay. I'd like £550 for it. But I can't get my head around the fees.
I'm now on the new managed payment system and have had an offer of 80% off the variable final value fees.
This is what the information on their fees states:
Final value fees
When your item sells, you pay 10% of the final transaction value, including taxes and postage. We call this a final value fee. We cap final value fees so you'll never pay more than £250 for a single item.
With regards to the offer this is what they sent:
What's it all about?
Get 80% off variable percentage final value fees ("FVF") per listing in final value fees if the item sells. A fixed order level fee of 30p and other fees, including any International fees, still apply.
So on £550, the fees would be £55 normally, but with the 80% off I will be paying £11?
Does that seem right?
I normally wait for the £1 listing fees but they've removed this and I don't want to get stung if I've interpreted this incorrectly.
Thank you!