What consequences would flow if you don't pay for a item you had successfully bid for on ebay?
ps. can the ebay or the seller sue me? can I still use ebay under the same account name in the future??
Answer:
They'll give you a negative feedback. And rightfully so.
No, I don't think they can sue you. This sort of thing happens all the time on ebay. Just be polite and let the buyer know ASAP.
You will get a negative rating - I dont think you would get sued however you should use this as a good learning lesson and know your items values before you bid - If you have bid an incorrect amount eg $100 instead of $1.00 and the auction is still open you can change your bid. I would pay the seller and accept that the error was yours and not the sellers.
The item would have to be worth quite a bit for the person to sue you over it.
The person can leave you "negative" feedback which
everyone else can "SEE". kinda like a bad report card..
Unless it will really put you in a financial bind, I would HONOR your bid.. regardless if the bid was too high YOU AGREED to buy it at that price.
i dont know if you can be sued by ebay or by the seller, but they can actually give you negative feedback, which is important in ebay. other sellers and buyers will be able to read that feedback. the seller can also report you to ebay that you have not paid for the item after winning its bidding. i dont have any idea, though, about the actions that ebay is going to take regarding this matter. the best thing you can do, in my opinion, is to contact the seller, and tell him/her that you actually bid more than the actual value of the item, and if there is any way that you can cancel your bid. its best if you will be honest about it. remember that the bids that we make on ebay is a contract. :)
hope this helps. :)
You're the kind of bidder Ebay sellers hate. It's your job to research what you want to pay for an item and if you bid, you pay. If you don't pay, you will probably have a non paying bidder report filed on you and receive negative feedback. A lot of sellers have started where they won't sell to bidders with a feedback of less than say 10 or 20 and definately not if you have a negative. A negative gives you a negative score. As the other two have both said, step up and just pay for it and consider it a learning lesson. Basically, have some integrity.
You will receive a negative feedback for not paying. Think of the sellers too. The reason they get so upset about this is because eBay charges them fees to list items and then charges them fees again once the item sells. Therefore, when new eBayers come on and bid and don't pay for items, they are out the money.
eBay does state a "bid is a binding contract" in their terms of service which you agreed to when you registered. If you don't pay for the item, other sellers will not want to sell to you because they see you didn't pay and complete your other auction. I've been around eBay since 1998 and have seen this happen so many times. Most sellers will cancel bids when you find something you want to bid on again in the future and they check your feedback and find you have a negative for non-payment of auctions. If you decide to sell on eBay one day you will know exactly what this feels like and how much money is lost to sellers.
The seller also reports you to eBay and you can be suspended for non-payments because, as I mentioned, bids are a binding contract.
I hope this helps you understand that this really hurts the seller, and it will hurt your reputation on eBay. Just count this as your first lesson in how to be a good eBayer and go ahead and buy the item from the seller and pay the price you agreed without causing the seller, you, and eBay any problems.
I hope this helps you. Take care.
The most likely consequences are a negative feedback and a non-paying bidder alert. The negative feedback will be seen by everyone from whom you attempt to buy or sell a product. The non-paying bidder alert is kept in your file by eBay and your eBay account will be suspended if you get too many (I believe it is 3). You can be sued because your bid is a contract. The fact that you stated here that you did not pay simply because you later thought you paid too much could probably be discovered with a search on the net. It is very unlikely that the person would sue you though.
eBay's official policy:
Unpaid Item Policy
Buyers automatically enter into a legally binding contract to purchase the item from the seller if they win the online auction or use the Buy It Now feature. eBay's Unpaid Item policy requires buyers to pay the seller for the items that they commit to purchase.
Sellers can file an Unpaid Item dispute with eBay for each of their items that are purchased but not paid for. eBay will issue a strike on the account of the buyer who does not honor their obligation to pay (unless the buyer and seller mutually agree not to complete the transaction).
Note: If a buyer gets too many strikes in too short a time period, their account will be suspended indefinitely. In some cases, limits may be placed on the buyer’s account in advance of suspension.
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