Money Watch – Personal Finance Blog

Brits Making Billions Online

Well, according to MyFinances, Brits are making billions of pounds online.

I’m yet to reach my first billion, but I was lucky enough to earn £360 by selling a car on eBay last week. The 10 year old Citroen AX had been sitting on my drive since November, when it had failed its M.O.T.. I had been planning to scrap it, as we now have a replacement car, but I decided to give eBay a go. With no tax and no valid M.O.T. (needing the exhaust replacing), I was expecting it to either fail to get any bids or be sold for a tenner.

But on the final day of the auction, I was amazed to see a bidding war break out, and the final price of £360 astounded me. The car has now passed its M.O.T. and is back on the road – far better than sitting in a scrapyard.

So it just shows, if you’re prepared to put in a little bit of time listing your item on eBay, you might just be surprised what somebody will pay for something that you think is worthless.

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