What Sets Price on Turntables?

So, just starting out on a very limited budget and needing a turntable, the first thing I did was check ebay. I know, probably not the best move but I am a beginner and on an extremely tight budget.

After settling on a Bang & Olufsen 4004 turntable (brand due to my dad's old B&O RX) I checked the listings and found two options. One was at the starting bid of $200, while another had a starting bid of over $700, a third had a $300 listing and a fourth had a $500 listing.

I compared the pictures and didn't see any major flaws in the lower priced turntables that, in my opinion, would mark it down from $700+ to $200.
I decided to check this out and again found listings for a Beogram 4002 with the same stylus for $103 at 13 bids and $925. I also saw two listings for a Beogram 8002, one with a MMC2 stylus ($1,295) and the more expensive ($2,000) with the MMC 1.

So, what/why do some of the same TTs with the same styli have such massive differences in price? Is it true that the devil is in the details and every minor scratch can deduct hundreds from the price? Or is it something like the condition the table has been kept in, or even ignorance on the owner's end as to what they are selling?

And if you want to know, I got the Beogram 4004 as my first Turntable at $200 with an MMC 20CL cartridge but lacking a dust cover which I will now be looking for.
Some sellers may want a quicker sale than others. And it may also have to do with the amount of feedback and experience the seller has in selling turntables and other audio equipment online. Turntables can be very problematic to ship, especially if the original packaging materials are lost. I wouldn't buy a used turntable that has to be shipped from anyone who can't provide proof of extensive turntable packing and shipping experience. Or you could insist on a professional packer who will guarantee against damage caused in shipping.
I agree there is sometimes no logical answer to your question. Sometimes there are 5 people fighting over one item and the next day you steal an item, with no other bidders, for the same item.

Btw, if the mmc20cl is not shot, it is worth more than you paid for all, and it is worth it. Nice cartridge.
First off Beogram is a TOTAL mistake. The stylus is no longer produced. So as soon as the original is worn out, That TT is scrap.
The Beogram is a very special design, and no other stylus is interchangable.
I would NEVER suggest anyone buy a used Beogram TT, due to the replacement stylus issue.

As far as prices of any used TT.. The sellers are all individuals. Each person can set any price they want. Some think they are selling gold, others just want to pass on some nice equipment they had used..
Most are retail used stuff sellers, who only have a vague idea what they are actually selling.
Roscoeiii: it turns out that the owner actually lives relatively nearby and we decided that it would be better if he delivered the TT himself rather than through a shipping service for exactly those reasons.

Acman3: the cartridge as described by the listing should have a good amount of playing time still on it. About this, is there any way to know how much longer a cartridge has/when it is worn out asides from seeing that it is bent/destroyed?

Elizabeth: Sound Smith actually makes and sells replacement cartridges for Beorgram TTs although a replacement MMC 20CL costs about $650, well outside of my current budget. I also don't believe that I will have this TT for so long that obtaining a stylus for it will become too difficult.

Thanks for the info.
Like everything, the market. Value is in the eye of the beholder. Go used on something you can pick up. Cartridge wise go with a Shure 97, especially since you do not plan to be into TT for long. I wish my audio life was that simple.
The MMC20CL in good shape is worth more than $200, alone.
It can be re-tipped for much less than $650, if and when needed. There are others in the re-tip business besides Sound Smith.
Buconero, Unless I am mistaken, the Shure 97 is not a P mount type, and the tonearm on the Beogram accepts P mount cartridges only. (But perhaps there is an adapter for standard mount cartridges; I wouldn't know.) However, there are a lot of P mount cartridges out there to choose from, push comes to shove, some of them cheap and good.

In summary, no one knows why eBay auctions are all over the place, and you should not care. If your turntable works. well and if the cartridge is in good shape, you did very well.
I agree that the B&O is a BIG mistake and you should have asked us here first. Much better choices include Rega, Project and Music Hall.
The mmc20cl does indeed have a standard mount adapter, although it is a PITA. I have installed my mmc20cl and it is very good sounding as I remembered. This will allow you to take it with you if you decide you want to upgrade your table latter.

Some people speak well of the 4004 online. Most who dislike it do so because of it's tangential arm and the fact you are stuck with B&O cartridges, and cannot use MC cartridges. However, IMO, B&O made 3 of the top moving iron cartridges. The MMC20cl - line contact stylus on a sapphire shaft and the MMC2 and MMC1.

I hope the 4004 is good enough to do the cartridge justice. The arm and being a P mount is pretty plug and play, so you will get to see if you are serious about vinyl. Then you can maybe afford a better table than the entry level tables discussed above. If not sell them separately, and put some money in your pocket.

Let us know how it's sounds once you get it running.

Btw, what Preamp are you using?
so, got the table today. More chips/aesthetic defects then hoped but it works. Stylus seems to be okay. I don't have the proper RCA adapter yet so I can't actually listen to anything. Also, the platter seems to be off center and slightly un-level, going to check that out when I can. Hopefully won't need expert help. Either way, I should be able to sell it and at least beak even if I have to. But hopefully I won't have to.

Also hoping to take another look at my dad''s broken RX when I can but I am pretty busy right now.

Acman3: no preamp asides from what is built in.
Isaac Berger, Shame on you for not buying an audiophile approved turntable. It's your money, buy whatever you want. BTW, Cartridges are available for B&O.
In addition to Lewm's statement. All B&O carts can be repaired by Axel in Germany. He is a former dealer for the B&O (www.schallplattennadeln.de). The prices are from 99 Euro - +/-300 Euro depending on the model.
Platter unlevel and off center? return it for a full lrefund.
I managed to get the RX working again with a replacement fuse seeing as the original was blown. Also figured out how to adjust the arm (wasn't in the right place) so it is working again, just need to get rid of some rust in trivial areas and clean it up.

Seeing as I have a working 4004 (table actually not off center and leveling problem fixed) a working MMC 20CL cartridge, and a working RX, I am thinking of selling everything when I am done. Looking to get maybe 6 or 7 hundred for everything. So, taking Rrog's comment and a couple others into consideration, I will use that money to get a "audiophile approved turntable"

so, any turntables you would recommend in the $600 to $800 price range? not sure about exactly what I will make selling all the gear so this is just an estimated price range. thanks.
Isaac, I do believe that rrog was being facetious, and rightly so. But for less than $600, you can probably find a Lenco idler. This is not to say that you must not enjoy what you have.
How much are ya gonna pay me to tell ya?
WHOW what a great question DUDE!!
Ebm, What a great answer dude!!
Czarivey, 355 days later? Really?? Speedy comeback dude!!!
I joined farily recently Doughg!
I wonder whether Isaac is happy.... with his turntable.
yeah, sometimes I wonder about these threads that just die without resolution. Almost like an old girlfriend. I wonder what she's doing now. I wonder if Isaac found audio nirvana
Isaac is probably out with your old girlfriend. Sold his audio system.