Google had launched two news Nexus devices in last week of October, the Nexus 4 and Nexus 10. As you would expect from Nexus range of devices, both of the newest additions are awesome and come with top notch hardware while giving out pure Android experience. Nexus device are normally priced very low, in fact it is said that Google is selling the Nexus 7 very close to the production cost itself. The Nexus 4 comes with the best hardware one can have on an Android phone of that size and is coupled with the best display in the business, yet it comes with a modest price tag of just $299 for the 8 gig version and $349 for the 16 gig version, and yes, at that price you get your hands on an unlocked Nexus 4.
With that kind of price tag, it was sold out within minutes it was put on sale. That’s totally reasonable because who in their right mind would not put their money on something like that if they are out buying a new smartphone, in fact I wouldn’t be surprised if somebody bought a Nexus 4 even if they already had 2 Android devices because that deal is too sweet to pass. Anyways, there’s a lot of demand for Nexus 4 and with it being sold out on Google Play, the other place to hunt for it is on eBay.
There seem to be a lot of folks out there on eBay selling Nexus 4. The 16 gig version of the device was recently priced at $649.99 by an eBay seller, though it costs only $349 on Google Play Store or $499 at T-Mobile. The seller is still selling the device and he’s asking a whopping $699.99 per piece. Crazy, isn’t it? This is a perfect example for supply-demand in practice. With these devices being sold in high numbers, eBay has come up with rules or restrictions regarding Nexus 4. The list of restrictions includes:
• Authorized resellers will be allowed to list an unlimited number of items per week.
• eBay Top Rated Sellers will be allowed to list up to 8 items per week.
• All sellers meeting minimum performance standards will be allowed to list 4 items per week.
• New sellers who’ve confirmed their personal information may list 1 item per week.
Apparently, the reason why eBay is doing this is because the item is hot and there’s a high possibility of scammers taking advantage of the high demand during the holiday season. Ebay will not allow those who fail to confirm their personal information, or meet minimum performance standards to list the Google Nexus 4. There’s restriction on selling Nexus 4 related domain names too and sellers will be able to list a maximum 4 listings per week.
If you are planning to buy one Nexus 4 for yourself from eBay, be careful because you cannot simply go by a seller’s ratings. The current “Buy it Now” prices are about $350 higher than the official Play Store price.