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As someone who periodically buys on ebay I don’t really bother separating out the shipping from the product price; if I deem the overall cost acceptable I buy it.
As someone who periodically sells on ebay I absolutely retain the right to charge more than the actual shipping cost: I don’t know ahead of time where the item is going and can only estimate how much it will be. I sometimes lose on shipping and sometimes gain.
Bought something with £8 postage, when it arrived the Royal Mail label shows the seller had paid £2 something.
Is it reasonable to ask for the difference back? It’s only a fiver difference but it’s £5 still.