View The Used Equipment On Ebay!

[eliothegreat]

You start off on a wrong premise. According to eBay's data, they have sold closer to 400 items since the middle of November, not less than 300 (your number). Also, as others have pointed out: eBay is only one venue where spare manufacturing equipment is being sold. Your number of items sold for over $1k is also wrong, it is dozens, not 14 as you state... People should draw their own conclusions about the misrepresented numbers.

Fascinating. Where are you getting your data? I pulled mine directly from the feedback section. I realize that they may/probably have had sales that do not yet have feedback, but am unaware of any other way to research a seller's history.

As arilea says, it's all non-conclusive. It wasn't worth my time to add up the numbers, but I was curious. Feel free to post how you came up with your numbers if you really think I made an error.

 

[AriLea]

(note some things were left out, corrected it, bumped everything up a little)
So to play the game a bit. As of now, there are 6998 items in the list. I looked at the first 1282 items, and a bit more closely at the first 322. This was starting highest(#1) to lowest(at #1282).

The first 1282, add up to $27,925,217(estimate).
The first 322, add up to $23,425,217(exactly, if you drop the pennies)
There are 15 items above $199,999, 48 items above $49,999, 104 above $19,999, and 204 above $9,999.

So anytime in the future, you can look at the counts above some $value, and see how it's going.
Ammmm,, K providing they are not adding items as we speak.(check the dates?)

Here's the whole spread sheet, for you number crunchers (and you can check my calcs);

ItemSum Unit Count Bal CountSum
4500000 4500000 1 $4,500,000.00 1
2500000 2500000 1 $7,000,000.00 2
2500000 2500000 1 $9,500,000.00 3
1750000 1750000 1 $11,250,000.00 4
500000 500000 1 $11,750,000.00 5
350000 350000 1 $12,100,000.00 6
350000 350000 1 $12,450,000.00 7
1600000 200000 8 $14,050,000.00 15
525000 175000 3 $14,575,000.00 18
1950000 150000 13 $16,525,000.00 31 ** line was missing
125000 125000 1 $16,650,000.00 32
123167 123167 1 $16,773,167.00 33
100000 100000 1 $16,873,167.00 34
75000 75000 1 $16,948,167.00 35
650000 50000 13 $17,598,167.00 48
200000 50000 4 $17,798,167.00 52
45000 45000 1 $17,843,167.00 53
105000 35000 3 $17,948,167.00 56
850000 25000 34 $18,798,167.00 90
23000 23000 1 $18,821,167.00 91
22500 22500 1 $18,843,667.00 92
60000 20000 3 $18,903,667.00 95
180000 20000 9 $19,083,667.00 104
18000 18000 1 $19,101,667.00 105
1950000 15000 13 $21,051,667.00 118
555000 15000 37 $21,606,667.00 155
420000 15000 28 $22,026,667.00 183
74000 14800 5 $22,100,667.00 188
13500 13500 1 $22,114,167.00 189
13500 13500 1 $22,127,667.00 190
12500 12500 1 $22,140,167.00 191
12500 12500 1 $22,152,667.00 192
48000 12000 4 $22,200,667.00 196
10500 10500 1 $22,211,167.00 197
50000 10000 5 $22,261,167.00 202
20000 10000 2 $22,281,167.00 204
9850 9850 1 $22,291,017.00 205
436500 9700 45 $22,727,517.00 250
465600 9700 48 $23,193,117.00 298
223100 9700 23 $23,416,217.00 321
9000 9000 1 $23,425,217.00 322
2916000 6750 432 $26,341,217.00 754
1584000 3000 528 $27,925,217.00 1282

 

[Smitty901]

Interesting number but it still does not tell us if ELIO is getting any real cash from the sales that will help fund production

 

['lio]

Fascinating. Where are you getting your data? I pulled mine directly from the feedback section. I realize that they may/probably have had sales that do not yet have feedback, but am unaware of any other way to research a seller's history.

As AriLea says, it's all non-conclusive. It wasn't worth my time to add up the numbers, but I was curious. Feel free to post how you came up with your numbers if you really think I made an error.

I am getting the data from eBay. The feedback section is useless to evaluate sales, because by design it only shows sales that have had feedback left for them. In average less than two-thirds of all eBay buyers do leave feedback, so these numbers are not representative of overall sales.

You have to look at items sold (close to 400) and even then, eBay more often than not (for various reasons) will not show all the items that were sold, but it gives you a much better indication of actual numbers.

I agree with AriLea, that only Elio Motors knows how much they sell and how well it goes for them. To sift through the available figures and come up with conclusions such as "sales are not going well," makes little sense as there are many variables. Selling of an entire production line or parts thereof is something that takes time and not much info about that could be gleaned from eBay information alone.

As AriLea shows: a lot of equipment is up for sales and many sales have been made. That's about as much as we can state without making assumptions.

 

[AriLea]

Interesting number but it still does not tell us if ELIO is getting any real cash from the sales that will help fund production

So true, PS I somehow lost 13 units at 150,000 in the list above oops. Corrected it. (in a minute or two)

I estimate all other items in the list add up to less than 5mil.

 

[eliothegreat]

I am getting the data from eBay. The feedback section is useless to evaluate sales, because by design it only shows sales that have had feedback left for them. In average less than two-thirds of all eBay buyers do leave feedback, so these numbers are not representative of overall sales.

You have to look at items sold (close to 400) and even then, eBay more often than not (for various reasons) will not show all the items that were sold, but it gives you a much better indication of actual numbers.

I agree with AriLea, that only Elio Motors knows how much they sell and how well it goes for them. To sift through the available figures and come up with conclusions such as "sales are not going well," makes little sense as there are many variables. Selling of an entire production line or parts thereof is something that takes time and not much info about that could be gleaned from eBay information alone.

As AriLea shows: a lot of equipment is up for sales and many sales have been made. That's about as much as we can state without making assumptions.

Well, I must just be really clumsy at ebay. Please post a link or screenshot for the page that shows 400 items sold. I found the feedback info, and a page that showed the last 15 days of sold or completed listings, but nothing like what you describe.

EDIT: Just for grins, I did a search for eBay seller history tool. Per goofbid.com,

http://www.goofbid.com/ebay_seller_...+&gsl_submit=&gsl_submit.x=14&gsl_submit.y=17

automationrecovery1 has:

7070 Results Found

Items Sold: 375 Total Revenue: $49,670.80.

Items Not Sold: 19,373 Lost Revenue of $22,078,358.81.

 

[Kuda]

Snipped: Anyway, it's the big ticket items that matter most.

My guess is COMAU (having global Relationships with most of the 'Players' in auto mfg.)
will have no trouble moving the big pieces. What's time consuming is the sales contracts
merging with 'new' & existing plant development, updating,expansion, etc. It's largely a
matter of timing.....

 

[Elio Amazed]

And that's not counting everything on Craig's List and at the local pawn shops!

 

['lio]

Well, I must just be really clumsy at ebay. Please post a link or screenshot for the page that shows 400 items sold. I found the feedback info, and a page that showed the last 15 days of sold or completed listings, but nothing like what you describe.

EDIT: Just for grins, I did a search for eBay seller history tool. Per goofbid.com,

http://www.goofbid.com/ebay_seller_...+&gsl_submit=&gsl_submit.x=14&gsl_submit.y=17

automationrecovery1 has:

7070 Results Found

Items Sold: 375 Total Revenue: $49,670.80.

Items Not Sold: 19,373 Lost Revenue of $22,078,358.81.

What are you trying to accomplish? Why on earth would inventory be lost revenue, by what logic?

As the screenshot below shows: automationrecovery1 has sold nearly 400 items on behalf of Elio Motors on this venue so far. This number does not include certain sales, such as multi-quantity listings. I wouldn't go by the "goofbid" numbers either, as the amount of items available for sale isn't even right: as of this afternoon, 6,998 listings are up for sale.

Just for grins: making up numbers to prove that something must be going wrong, serves no valid purpose unless trolling is the objective here...

 

[Smitty901]

So GM was in big trouble. We had to bail them out big time. The plant was shut down full of all this equipment worth many millions of dollars.
Why then was it not sold off right away, why if it is so valuable did it just sit there all this time. It would have been easy money for them to sell it off while it was still fresh.
Not hold my breath for any major cash flow from it.