Again, I am on the other side of the fence on this one. On a pricey item, I always use a reserve, but start the bidding off low. For example, if I have a set of valve covers I want $ 100 for, that becomes my reserve, but I put a starting bid of $ 10 on it. Why?? Because it gets people starting to bid. When I see a starting bid of what the guy actually wants I shy away because mentally it seems like a big step for me to take. He should have just done a Buy it Now price. Once people start to bid they get caught up in the frenzy and the price goes up from there.
I got away from Ebay for a while because they got too big for their britches and started imposing rules and high rates that I didn't like. I still don't like the fact they make you pay through their PayPal system........seems like a monopoly to me. But recently I have started buying and selling there again. I just bought an A rear crossmember and a 34 Ford original axle, to use on my current project. The crossmember was a bidding situation but the axle was a Buy it Now.
I guess we all have our views and ways of bidding and selling on Ebay, but I have always done it the way I describe, with a reserve and low entry bid. I literally have done hundreds of transactions, on both sides of the buying/selling table, and have always gotten more money than I would have if I sold in any other manner, and gotten some great deals and parts when buying there.
I've sold 3 of my own boats on Ebay, about 6 or 8 brand new inflatable boats, and a similar number of brand new outboard motors, plus more car parts than I can recall. What I would do is dump a lot of stuff just before Turkey Run every year and that would be my mad money to have a good time and buy more parts I don't need.
So, the system I use works for me and has put a lot of money in my pockets over the past 6 or so years I have been an Ebayer.
Don