Is this a good deal?

[ElBoricua]

Hello fewllow Piloteer,

I am new not only here to the forun but to owning a Pilot. I recently purchased a 2006 Pilot wiith only 27,000+ miles on it very well maintained. But it has the cheap wheels on it that I hate. I want to upgrade to the alloy wheels that look alot better, so I was wondering if this would be a good deal?

03-08 Honda Pilot OEM 16" Alloy Wheels Machined face w/ Grey Slots *set of 4* | eBay

How much would be a good amount to bidfor these? I know that at the dealer they wanted $227.00 for just one wheel! I thought that was crazy! so I think that the $300 buy it now would be a good deal?

Thanks for your imput!

[humanoid]

Hmmm, it looks like it doesn't come with the TPMS module so you would need to buy those too if you purchase these wheels.

[ElBoricua]

do the LX model have that? Not sure what that is???

[humanoid]

Tire Pressure Monitoring System. Not sure if the LX has that or not, I'm sure someone will chime in on that.

[xGS]

Originally Posted by humanoid

Tire Pressure Monitoring System. Not sure if the LX has that or not, I'm sure someone will chime in on that.

According to the 2006 Pilot fact-sheet, both LX and EX versions were TPMS-equipped.

How is it that this particular auction item is described as "no reserve", yet there is a starting (minimum) bid shown?
Doesn't no reserve imply no minimum bid?

[humanoid]

Nope, no reserve means that the starting price can star wherever the auctioneer wants it to be. No reserve means that whatever price the rims are sold at, that will be the price the buyer has to pay.

[xGS]

Originally Posted by humanoid

Nope, no reserve means that the starting price can star wherever the auctioneer wants it to be. No reserve means that whatever price the rims are sold at, that will be the price the buyer has to pay.

What is the difference between a starting (minimum bid) price and a reserve price?

Auction - Wikipedia, the free encyclopedia

[humanoid]

A reserve price is a price set by the seller at which he is willing to sell the item. For example, if I have a a pair of sneakers that I want to sell and I set the auction with a reserve price at $50. I start the auction and the bidding only goes to $40 at auction's end. I am not obligated to sell the shoes to the winning bidder because it did not meet my reserve which I set at $50. On the other hand, if the bidding went to $55, let's say, then I am obliged to sell the shoes to the winner at $55, because it surpassed the reserve price I set at $50.

A reserve price has nothing to do with a starting minimum bid. The seller can start the auction at whatever price he wishes from $0 on up.

[roarkrd]

It appears that 2006 LX models do have Tire Pressure Monitoring Systems.
Hmmmm... I would of thought the opposite.

[xGS]

Originally Posted by humanoid

A reserve price is a price set by the seller at which he is willing to sell the item. For example, if I have a a pair of sneakers that I want to sell and I set the auction with a reserve price at $50. I start the auction and the bidding only goes to $40 at auction's end. I am not obligated to sell the shoes to the winning bidder because it did not meet my reserve which I set at $50. On the other hand, if the bidding went to $55, let's say, then I am obliged to sell the shoes to the winner at $55, because it surpassed the reserve price I set at $50.

A reserve price has nothing to do with a starting minimum bid. The seller can start the auction at whatever price he wishes from $0 on up.

The auction for the set of wheels in question has a starting bid $175.
Isn't that effectively the same as having a reserve price of $175?
No reserve usually means no minimum (bid) price.

[humanoid]

Originally Posted by xGS

The auction for the set of wheels in question has a starting bid $175.
Isn't that effectively the same as having a reserve price of $175?
No reserve usually means no minimum (bid) price.

Not always true, but I think in this case, you're correct, that there is an implied reserve price set.