MobileRead Forums - View Single Post - Kindle 1 selling for outrageous prices on eBay

angelbleu · 11-19-2009, 07:31 PM

I've been waiting for a couple of weeks for Amazon to restock the $149 Refurbished Kindle 1.

Getting a bit tired of all this waiting, I figured that maybe I could get a used one at a cheaper price through eBay.

Imagine my surprise to see that they have been sold over the last 2 weeks at an average price of around $180!

I can see a single item that was sold for $100 + $8 shipping, and the next cheapest item was sold for $125 + $12.51 shipping. The rest of more than a hundred used Kindle 1's that have been sold over the last 2 weeks were actually sold more than $150!

In fact, I can see at least a dozen cases where it sold for more than $219, which is how much it costs to buy a refurbished Kindle 2 from Amazon.

Considering that Amazon had sold their refurbished Kindle 1 for $149 with free shipping (and would most probably do so again once restocked), I simply don't understand why people would pay such outrageous prices for a used one.

Is this simply a good example of how eBay sellers trick their buyers into paying more than they should?
Or do these buyers know something that I don't?

P.S Hmm... looks like the refurbished Kindle 2's have sold out too. Maybe this is what's driving the prices up?

11-19-2009, 07:31 PM	#1
angelbleu Enthusiast Posts: 41 Karma: 10 Join Date: Nov 2009 Location: Korea (South) Device: Blackberry Bold	Kindle 1 selling for outrageous prices on eBay I've been waiting for a couple of weeks for Amazon to restock the $149 Refurbished Kindle 1. Getting a bit tired of all this waiting, I figured that maybe I could get a used one at a cheaper price through eBay. Imagine my surprise to see that they have been sold over the last 2 weeks at an average price of around $180! I can see a single item that was sold for $100 + $8 shipping, and the next cheapest item was sold for $125 + $12.51 shipping. The rest of more than a hundred used Kindle 1's that have been sold over the last 2 weeks were actually sold more than $150! In fact, I can see at least a dozen cases where it sold for more than $219, which is how much it costs to buy a refurbished Kindle 2 from Amazon. Considering that Amazon had sold their refurbished Kindle 1 for $149 with free shipping (and would most probably do so again once restocked), I simply don't understand why people would pay such outrageous prices for a used one. Is this simply a good example of how eBay sellers trick their buyers into paying more than they should? Or do these buyers know something that I don't? P.S Hmm... looks like the refurbished Kindle 2's have sold out too. Maybe this is what's driving the prices up?