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What's Hot On Trade Me – 16 January 2008 January 16, 2008

Posted by Michael Carney in : auctions, cars, motorbikes, passenger vehicles, scooters, top ten, trade me, trade me motors, trademe, what's hot , add a comment

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Two-wheeled contrivances are in again.  We’ve come a long way since Pierre Lallement whipped up a velocipede (also known as a boneshaker) in France in 1763.

These days you can choose from utility bicycles, mountain bicycles, racing bicycles, touring bicycles, cruiser bicycles, BMX bicycles, tandems, recumbents, lowriders, tall bikes, fixed gear and folding models. And those are just the human-powered variety. There’s a seemingly endless variety of motorised contrivances as well. And it’s to those that we now turn, as we note (with a hint of surprise) that four of the ten most popular items on Trade Me this week are motorised two-wheelers.

The remaining six of the Top Ten hottest auctions on Trade Me at this moment include three cars, a carport and a carpet — and (just to spoil the symmetry) an Ibanez electric guitar.

So why do vehicles (whether of the two or four wheeled variety) feature so strongly at the top of the Hot Auctions category? Because auctions are ranked based on numbers of bids. Given that Trade Me sets minimum ‘next bid’ prices that range from 50 cents (for values under $20) to $100 (values over $25,000), only high-inherent-value items are likely to attract enough bidders to rank near the top of the list. Motor vehicles are the most obvious prospects, especially on those auctions that start life at $1. 

The Hot Auctions category is a good place to hang out if you want to see what’s selling on Trade Me. Just don’t get caught up in a bidding war, okay?

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