eBay charges Final Value Fees - What's the difference between uncapped & capped at $100?

[prc.kicks]

Hi Folks,

What does it mean when eBay charges Final Value Fees, it says capped at $100? What's the difference between uncapped & capped at $100?

For example if I sold something for $500, how would the Final Value Fees be calculated under each definitions? 

Cheers

[gem*addiction · Accepted solution]

The final value fee is 7.9% for casual sellers, or, 7% for store owners, capped at $100 per item.

So if you were to sell something very expensive and 7% of the final sold value was over $100, $100 is what you would pay for that item.

You are still charged fvf for each other item you sell. Many new sellers see the capped at $100 and think that is all they will pay for all sales inthe month.

You need to do the sums carefully for a store, and balance the cost out against the 30 free listings you will lose. You need about 100 items in a store to make it viable, and only fixed price listings count, not auctions.