How the hell are things so cheap on Ebay?

[Destroyertf]

I mean, take a look at this.

[url]http://cgi.ebay.com/Apple-iPhone-3GS-16GB-White-3-1-2-Unlocked-Jailbroken_W0QQitemZ160384723823QQcmdZViewItemQQptZCell_Phones?hash=item2557acab6f[/url]

Its an iPhone 3GS 16GB.

How on goddamn earth can someone sell something that cost over 1000 dollars for 110 dollars? I mean, It doesnt make sense.
Lets take the look at some possibilities:

Is it stolen from someone? It comes with the original package, charger etc. So it doesnt look like its stolen.

Is it a scam? Doesnt look like it is. Of course its used so its abit worn from use, but apart from that, the buyer says it works. Its a top rated seller with 100% positive feedback, 412 people have voted positive on him. So it doesnt look like its scam too.

Is the person selling it just plain stupid? He could sell it for 3 times the price to someone. Maybe he just likes to waste money.

So, what do you guys experienced with Ebay have to say? I never bought anything on Ebay. Is it normal for things to be this cheap?

[Ninny]

1000 dollars? What the hell are you talking about?

[thund3rdome]

Maybe he won it in a giveaway

[Re-Con]

uhh it's an auction so it's bound to go for much more that it is now

[editline]02:25PM[/editline]

and there is still 6 days left anyway

[thund3rdome]

That too, I thought It was sold already, alas i didn't click

[gaston]

[QUOTE=Thund3rdome;18764312]Maybe he won it in a giveaway[/QUOTE]

This.:protarget:

[Destroyertf]

[QUOTE=Nintendo-Guy;18764310]1000 dollars? What the hell are you talking about?[/QUOTE]

I dont know about things there, but a non contract iphone 3gs, operator free costs 1000 euros, at least here in Portugal. I reckon that its abit cheaper on other european countries, but theres not much of a difrence.

[thund3rdome]

3GS's are really expensive, in Sweden it goes upto 10000~ SEK

[Destroyertf]

[QUOTE=Thund3rdome;18764398]3GS's are really expensive, in Sweden it goes upto 10000~ SEK[/QUOTE]

This. I mean, unless the seller gets hundreds of bids in the next 6 days, its highly unlikely that he will get a profit, or atleast get his money back.

[Umi-hebi]

[url]http://cgi.ebay.com/Brand-New-WHITE-32GB-Apple-iPhone-3G-S-Unlocked-NIB_W0QQitemZ270495096142QQcmdZViewItemQQptZCell_Phones?hash=item3efac39d4e[/url]

Here's a more accurate pricing of what the price for the phone will go up to
That converted to euros would be uh 538 euros

[Veers]

Except that is the 32GB compared to 16GB in the OP.

[g@mergeek]

1) People see a cheap price.

2) Lots of people bid ultimately raising price past what people would pay for it new.

[Flaming Neko]

because it's ebay.
people sell used stuff.

[dzonint]

[img]http://aidenvdh.rootnode.net/fun_gallery/imgs2/1191870995520.jpg[/img]

[ACupXOfXNoodles]

Current bid: US $113.50

Rippin your ass off

[Destroyertf]

Well, ill keep posting here to update the price, along this 6 days. So far, it has rised 50 cents, from the time I made the OP.

[thund3rdome]

Thats not so interesting FYI

[Re-Con]

[QUOTE=Destroyertf;18765466]Well, ill keep posting here to update the price, along this 6 days. So far, it has rised 50 cents, from the time I made the OP.[/QUOTE]

I wouldn't waste your time to be honest

[Tentacle]

I bet it's cheap because they dropped it in the bath or something.

[KD007]

[QUOTE=Destroyertf;18764307]
[...] How on goddamn earth can someone sell something that cost over 1000 dollars for 110 dollars? I mean, It [...][/QUOTE]

[img]http://lh6.ggpht.com/_mRfOGZuJCE8/SxHO2BCIW0I/AAAAAAAAAJA/CKc_ITZ-VCg/boxesrb1.jpg[/img]

[wutanggrenad]

I hope to god you lurk ebay a bit before you bid on stuff, welcome to the internet

[SilverSliver]

$1000? Have you never seen the price of an iPhone? Or for that matter, a super scam?

[Red_Eyes]

- Maybe he gets it cheaper somewhere
- Maybe someone gave it to him and he needs money
- Maybe he won it
- Maybe he found it
- Maybe he stole it

[Robbobin]

Maybe he buys them in bulk.

[editline]05:35PM[/editline]

For irony, an iPhone advert at the bottom selling 'Wholesale IPhones $149".

[Meader]

[QUOTE=Red_Eyes;18766584]- Maybe he gets it cheaper somewhere
- Maybe someone gave it to him and he needs money
- Maybe he won it
- Maybe he found it
- Maybe he stole it[/QUOTE]

Maybe he needs crack money and is willing to give that shit away from just about any price. That's why I'd sell it.

[DainBramageStud]

[QUOTE=dzonint;18764920][img]http://aidenvdh.rootnode.net/fun_gallery/imgs2/1191870995520.jpg[/img][/QUOTE]

That picture is taped to the door of the computer room at my school.

[faze]

People sell shit they don't want, get it wholesale, get it in bulk... Tons of reasons.