Monday, April 12, 2010

Update: "Craigslist + Lunch Break"

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I wrote a few days ago about a deal that I found on Craigslist. It included 4 Golf bags for $100 ($25 ea.). The last auction just closed and the results are in. I predicted that I would Gross $400 on the 4 bags. It looks like I was right on the money with that prediction.

Here is how it broke down


Ben Hogan Personalized Bag:

Paid - $25
Sold for - $89 + ($29 s&h)

Ben Hogan 80's Staff Bag:

Paid - $25
Sold for - $53 + ($29 s&h)

Titleist Bob Vokey Bag

Paid - $25
Sold for - $100 + ($29 s&h)

Titleist Vintage Staff Bag

Paid - $25
Sold for - $49.99 + ($29 s&h)

Total Gross = $407.99

Obviously that includes shipping cost and eBay/PayPal fees. Subtract out $15 for shipping per bag, our $100 we spent and 10% for fees and that leave us with a total:

NET gain of $207.19

2 comments:

Austrians and Investments said...

Hey Man,

You watch Pawn Stars and those guys on TV that just go through old junk? I love that stuff. looks like your getting to know whats worth money pretty quick. You screw up much?

Bryan said...

Yea, we love that show. American Pickers is a good one too.

We try not to spend more than $5 on an item that we are unsure about. That usually keeps screw ups to a minimum.

We also keep an iPhone with us with the eBay app. You can use that to search completed listings for an item to get an idea of what it is going for.

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