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Foxwell Auctions LLC
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04/07/2012
This use to be a good auction to do business with. You would pay $1.00 for your number card, and off you went.
Sellers would pay a percentage to have their items sold., however; now that still is the case, but buyers pay a hefty price too.
If you use a credit card, then you are charge a 5% convenience fee. (they should be happy you're there)
NOW their terms state that you pay a 10% buyers premium... Why should you have to pay to buy... this is greed... So get this
You go to the auction... Pay your $1.00 entry/card fee. You bid on some items...
Lets say you bid on some tools, a few pictures, a used computer and a few other cool looking items.
At the window, You receive a bill for $450.00 (your items), you must pay a 6% Maryland Sales Tax, a 10% buyers premium (Who knows what for), lets say you use your Credit Card for this transaction... so tack on another 5%...
So lets say you rack your bill up to $450.00 for example:
Bidders Number Card $ 1.00
Your Final Bill: $450.00
Outrageous Buyers Premium: $ 45.00
Credit Card Convenience Fee: $ 22.50
Maryland State Sales Tax: $ 27.00
-------------------------------------------------------
Final Grand Total: $ 545.50
So if you're going to this auction to sell on e-bay, it's not worth it, because by the time you finish with both auctions outrageous fees, and your gas, postage, etc etc... You're only going to lose money, or make a few bucks if lucky.
Like I said, this use to be a good place to do business... I myself and several friends stopped going because of the greed.
Details
Phone: (410) 228-5155
Address: 5469 Moose Lodge Rd, Cambridge, MD 21613
Website: http://foxwellauctions.com
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