Southern California breaking news and trends

Hot wheels: Stolen, mint-condition '80s Corvette sells for original price on eBay

CORVETTE

Screenshot via eBay

A mint-condition Corvette stolen from a San Diego car dealership 23 years ago has sold on eBay for the original sticker price.

The L.A. Times says the cherry-red 1989 convertible, with 67 miles on the odometer, was won Sunday on eBay by Mike Robertson, a Newport Beach advertising executive. It's to be delivered Monday.

Police recovered the Corvette in September in a San Diego self-storage unit after the suspected thief stopped paying the monthly fee. He'd paid out about $70,000 over the years. Authorities say he was cooperative and didn't charge him.

The car was sold by the insurer and a wholesaler posted it on eBay.

The final price, with delivery fee, was $39,471. That's the manufacturer's suggested retail price posted on the original windshield sticker.

Read More...

EBay will no longer do your magical bidding: Hexes, potions, spells banned

ebay curses spells hexes

Screenshot via eBay

Come September, the agoraphobic alchemists of the world will need to find a new online auction site to bid on the supernatural wares of the netherworld. 

eBay announced in its "2012 Fall Seller Update" that the company will be banning the sale of potions, hexes, spells, blessings, magic, healings, psychic readings, and other such offerings. We're not sure what this means for haunted jewelry.

With more than than 6,400 listings the "Spells, Potions" category alone, the metaphysical market is anything but a website graveyard. Nevertheless, the company's decision to cut the charm is a part of an effort "to help build confidence in the marketplace for both buyers and sellers," according to the policy update.

Online craft empire Etsy also revised its listing policy recently to comply with legal regulations, and in some cases, items that were "just not in the spirit of Etsy," according to the announcement on their blog.

Read More...

Coachella 2012: Would you pay $23,810 for tickets?

Steven Tyler chats with a fan

Tony Pierce / KPCC

Aerosmith singer chats with a fan in the VIP section of Coachella in 2008.

Coachella 2012 sold out of remaining passes in three hours on Friday, setting off a frenzy of fiscally outrageous secondary market options for the music obsessed.

Ebay wins for the highest priced package: four 3-day VIP passes for $23,810.00. Stubhub has hundreds of tickets selling for thousands of dollars with a range of about $559 to $1,500 per General Admission pass. Craigslist is a sea of scams and swaps with many ads coming in a hundreds of dollars above face value. 

The official Coachella site is also a resource for post-sold out options. There you'll find everything from hysteria, to borderline prostitution, to optimists with sales data charts telling people to calm down and wait it out. 

For fans who spent hours battling the cue, never got through, and left ticketless and blue, there's no shortage of places to vent. Don't let your unrequited festival feelings go unheard. Twitter and Tumblr understand.  

Read More...