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Selling plex as a beginner.

First post
Author
CorTez Kurva
The Scope
Gallente Federation
#1 - 2014-08-06 09:06:22 UTC
Hello,
Just started with EVE online again and I bought 2 plex. 1 was for my pilot license and the other one is for sale. I think the money can be useful with buying ships. Im following some tutorials that say I need a bigger ship.

But back to my question. I want to sell the plex for a decent price of 770m but there is to much tax (or how it's called) that I need to pay. So is there maybe another option for me to sell the plex without first earning 7m of ISK?

Kind regards,

CorTez
ISD Rontea
ISD STAR
ISD Alliance
#2 - 2014-08-06 09:16:49 UTC
You can reduce tax on sale, but did"t reduce it to zero. And 7m ISK is a 1% of 770kk ISK.

ISD Rontea

ISD STAR Executive

Волонтёр группы по взаимодействию с игроками

Interstellar Services Department

CorTez Kurva
The Scope
Gallente Federation
#3 - 2014-08-06 09:30:53 UTC
I don't see an option to reduce the tax. Forgot to say I tried to sell it to the regional market. Its 1% brokers fee and 1,5% tax. In total it's about 18m ISK. Don't mind to pay that but prefer after the plex is sold ;p
J'Poll
School of Applied Knowledge
Caldari State
#4 - 2014-08-06 09:32:17 UTC
As our friendly ISD said, you will always have to pay sales tax / brokers fee (can't remember which on applies to selling and which also is included in buy orders).

So the only way you should be able to get the ISK from selling a PLEX is from first gaining enough ISK for the taxes, which isn't a problem if you do the entire NPE. After you complete the career agents + SoE arc you should be having close to 15mil ISK in your wallet (depending on how much you spent on ships and ammo).



Also, keep in mind even though you have lots of ISK (700mil is A LOT for a new player, you really don't need that much ISK), don't spent it on stuff you don't need.

Bigger and/or more expensive doesn't always equal better in EVE.
Fly what you can afford to lose, this means that not only you should have the ISK to replace it but also the income to sustain continues losses (or be okay with the fact that something you can't replace can be lost too).

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

J'Poll
School of Applied Knowledge
Caldari State
#5 - 2014-08-06 09:33:41 UTC  |  Edited by: J'Poll
CorTez Kurva wrote:
I don't see an option to reduce the tax. Forgot to say I tried to sell it to the regional market. Its 1% brokers fee and 1,5% tax. In total it's about 18m ISK. Don't mind to pay that but prefer after the plex is sold ;p


It's in the trading skills + standings for the corp that owns the station you are selling the item at.

Both will take time to lower it.


p.s. there is NO skill or mechanics that lets you pay the taxes after the sale, NPCs learned from how much of a deuce the players can be P

The only skill coming close is Margin Trading but that only applies on escrow needed on buy orders.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

ISD Rontea
ISD STAR
ISD Alliance
#6 - 2014-08-06 09:34:27 UTC
Skills for reduse market tax: Accounting and Broker Relations

ISD Rontea

ISD STAR Executive

Волонтёр группы по взаимодействию с игроками

Interstellar Services Department

CorTez Kurva
The Scope
Gallente Federation
#7 - 2014-08-06 09:37:09 UTC
Haha, Thanks for all the info. Then i'll continue with the tutorials etc. and get that money.
Velicitia
XS Tech
#8 - 2014-08-06 09:37:26 UTC
I'm looking at some sales I made over night, and it looks like sales tax was taken out after the item sold. So, if the OP has at least the broker fee (7m), he should be golden (as he will have 770m in his wallet before the 1.5% sales taxes are levied against him).

@OP -- in the event that you don't want to pay the 7m broker's listing fee (and don't want to wait for social skills), you can always sell to the buy orders. Note, however that this means taking whatever price the buyer offers (and means you're more likely than not selling below 770m to start with).

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia

J'Poll
School of Applied Knowledge
Caldari State
#9 - 2014-08-06 09:39:27 UTC
Velicitia wrote:
I'm looking at some sales I made over night, and it looks like sales tax was taken out after the item sold. So, if the OP has at least the broker fee (7m), he should be golden (as he will have 770m in his wallet before the 1.5% sales taxes are levied against him).

@OP -- in the event that you don't want to pay the 7m broker's listing fee (and don't want to wait for social skills), you can always sell to the buy orders. Note, however that this means taking whatever price the buyer offers (and means you're more likely than not selling below 770m to start with).


Another option, find some friendly person in EVE that doesn't mind lending you the money for a very short period of time to sell the PLEX and immediately pay back the loan.

Here comes EVE rule no 2 into work though: Trust nobody.

So it might be hard to find someone willing to give you the money needed, even for a short amount of time.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

CorTez Kurva
The Scope
Gallente Federation
#10 - 2014-08-06 09:58:59 UTC
I'll just earn that 7m and do it that way.
Jur Tissant
Garoun Investment Bank
Gallente Federation
#11 - 2014-08-06 12:22:59 UTC
Just to verify - you say you bought 2 PLEX, one to sell and one for your license. You should never buy PLEX just to renew your subscription ("license"). A month's subscription is $15 while a PLEX is $20. Or maybe I misunderstood you.
J'Poll
School of Applied Knowledge
Caldari State
#12 - 2014-08-06 12:33:58 UTC
Jur Tissant wrote:
Just to verify - you say you bought 2 PLEX, one to sell and one for your license. You should never buy PLEX just to renew your subscription ("license"). A month's subscription is $15 while a PLEX is $20. Or maybe I misunderstood you.


Just saying not everybody can use the recurring sub part.

Not everybody owns a CC or has Paypal or any of the other qualified payment options.

When I started you could only have a recurring sub with a CC and thus I had to buy ETC till they added Paypal support.

Also sometime I buy a ETC for cash injection and with current prices I only need one of them sold so cannuse the latter to push back my sub with a month

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

Vol Arm'OOO
Central Co-Prosperity Union
#13 - 2014-08-06 13:08:27 UTC  |  Edited by: Vol Arm'OOO
J'Poll wrote:
Jur Tissant wrote:
Just to verify - you say you bought 2 PLEX, one to sell and one for your license. You should never buy PLEX just to renew your subscription ("license"). A month's subscription is $15 while a PLEX is $20. Or maybe I misunderstood you.


Just saying not everybody can use the recurring sub part.

Not everybody owns a CC or has Paypal or any of the other qualified payment options.

When I started you could only have a recurring sub with a CC and thus I had to buy ETC till they added Paypal support.

Also sometime I buy a ETC for cash injection and with current prices I only need one of them sold so cannuse the latter to push back my sub with a month


You know you do have control over the recurring subscription part of paying for eve. Just pay for a month then cancel the subscription. Easy. Saves you money over buying plex.

Ofc if you are buying plex to get isk from the market that is a different enchilada entirely. But it is incredibly wrong headed for a new player to buy and sell plex. New players simply dont need the isk and the most likely scenario when they do buy plex is expensive loss mails, coupled with lots of tears on the forums about how unfair eve is.

I don't play, I just fourm warrior.

Li Quiao
Imperial Academy
Amarr Empire
#14 - 2014-08-06 13:21:05 UTC  |  Edited by: Li Quiao
Jeezus, all these people and none of you know how sell orders work? You can sell one of two ways: simple and advanced. This is controlled by a drop down box on the sell window. Advanced lets you set your own price and puts up an outstanding sell order (which may be immediately filled if there's a matching outstanding buy order). This requires you to pay a broker's fee up front. Simple immediately sells to the best available outstanding buy order (and thus doesn't let you set the price--it's dictated by the buy order) and does *not* charge a broker's fee. You can place any simple sell order with no ISK whatsoever in your wallet (I have personally tested this to confirm it). There is a sales tax in both cases but it is not charged until the sale completes and is taken out of the sales proceeds. It does not require ISK in the seller's wallet.

Buy orders can likewise be simple or advanced, incidentally. Remember, if you're buy/selling against existing outstanding orders, use simple and save yourself the broker's fee...
Nat Silverguard
Aideron Robotics
Aideron Robotics.
#15 - 2014-08-06 13:22:35 UTC
OP, don't you ever travel around station trading hubs with the PLEX in your cargo, you might regret it.

Just Add Water

Bastion Arzi
Ministry of War
Amarr Empire
#16 - 2014-08-06 13:35:37 UTC
if i give u 7 mill isk. u give it back to me when u sell ur plex?
Velicitia
XS Tech
#17 - 2014-08-06 13:36:44 UTC  |  Edited by: Velicitia
Vol Arm'OOO wrote:
J'Poll wrote:
Jur Tissant wrote:
Just to verify - you say you bought 2 PLEX, one to sell and one for your license. You should never buy PLEX just to renew your subscription ("license"). A month's subscription is $15 while a PLEX is $20. Or maybe I misunderstood you.


Just saying not everybody can use the recurring sub part.

Not everybody owns a CC or has Paypal or any of the other qualified payment options.

When I started you could only have a recurring sub with a CC and thus I had to buy ETC till they added Paypal support.

Also sometime I buy a ETC for cash injection and with current prices I only need one of them sold so cannuse the latter to push back my sub with a month


You know you do have control over the recurring subscription part of paying for eve. Just pay for a month then cancel the subscription. Easy. Saves you money over buying plex.


That makes no sense whatsoever.

J'Poll -> CCP didn't accept the payment methods I had available for a sub
You -> well, just sign up for a sub, and then cancel it.

You kinda need an accepted / valid payment method to purchase the sub in the first place ...

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia

Samuel Triptee
Battle Toad Brigade
Ribbit.
#18 - 2014-08-06 14:31:59 UTC  |  Edited by: Samuel Triptee
OP.. so you have 700 mil...

If you don't have a good ISK stream, in other words you can't support your play style with in-game ISK making activities, then you should start budgeting your 700 mil...

First... take half, 350 million and set it aside.

Now take the other 350 million and divide by 10 = 35 million

35 million is the most you should spend on a fully fit ship such as:


  • T1 and T2 Frigates
  • T1 Destroyers with T2 rigs
  • Some of the T1 Cruisers with T2 rigs



Remember, you want to generate enough ISK to replace the ships you lose before you lose them all.


And oh yeah... the other 350 million? You'll be buying skill books, ammunition, drones, and being a general all around good guy and helping out other new players by handing out a few million here and there.

Have You Hugged Your Frigate Today?

J'Poll
School of Applied Knowledge
Caldari State
#19 - 2014-08-06 14:47:02 UTC
Vol Arm'OOO wrote:
J'Poll wrote:
Jur Tissant wrote:
Just to verify - you say you bought 2 PLEX, one to sell and one for your license. You should never buy PLEX just to renew your subscription ("license"). A month's subscription is $15 while a PLEX is $20. Or maybe I misunderstood you.


Just saying not everybody can use the recurring sub part.

Not everybody owns a CC or has Paypal or any of the other qualified payment options.

When I started you could only have a recurring sub with a CC and thus I had to buy ETC till they added Paypal support.

Also sometime I buy a ETC for cash injection and with current prices I only need one of them sold so cannuse the latter to push back my sub with a month


You know you do have control over the recurring subscription part of paying for eve. Just pay for a month then cancel the subscription. Easy. Saves you money over buying plex..


Did you actually read the post.

Not everybody CAN use the recurring sub part.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

J'Poll
School of Applied Knowledge
Caldari State
#20 - 2014-08-06 14:48:56 UTC
Li Quiao wrote:
Jeezus, all these people and none of you know how sell orders work? You can sell one of two ways: simple and advanced. This is controlled by a drop down box on the sell window. Advanced lets you set your own price and puts up an outstanding sell order (which may be immediately filled if there's a matching outstanding buy order). This requires you to pay a broker's fee up front. Simple immediately sells to the best available outstanding buy order (and thus doesn't let you set the price--it's dictated by the buy order) and does *not* charge a broker's fee. You can place any simple sell order with no ISK whatsoever in your wallet (I have personally tested this to confirm it). There is a sales tax in both cases but it is not charged until the sale completes and is taken out of the sales proceeds. It does not require ISK in the seller's wallet.

Buy orders can likewise be simple or advanced, incidentally. Remember, if you're buy/selling against existing outstanding orders, use simple and save yourself the broker's fee...


It does, I had it couple of weeks ago when selling stuff.

Had less then 15 mil in my own personal wallet so couldn't sell 2 PLEX I got from a friend (all my ISK in corp wallet and I forgot to tick the "use corp wallet" box)

And I was just selling to buy orders

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

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