IF i place a bid on ebay for $500maximum and the current Bid price is $10.And i win the bid for the current price.....Can the seller chose to up the price to the maximum that i was willing to pay? Does the seller have the choice to not sell me the item after all????
2006-12-01 05:50:57 · 12 answers · asked by NuNu 2 in Computers & Internet ➔ Internet
The seller does not actually know what your maximum bid is. That is something that only you and the Ebay system itself knows. It is like an insurance. If someone were to bid on an item that you already bid on, your maximum bid will up the bid over their amount in the amount that the bids are to be raised.
So, if the bid was $10, and you put a maximum bid of $500, then if someone out bids you at a $11 bid, Ebay will automatically out bid that user with your bid and up it to $12, and so on until your maximum bid is reached or the auction ends.
Hope that helps!
2006-12-01 06:00:39 · answer #1 · answered by sara_00_0 5 · 0⤊ 3⤋
I hope this isn't a confusing answer. Ok, first of all is the current bid price of $10. before or after you placed your bid? I ask this because if it's before your bid the current $10. probably isn't the max bid of the other bidder(s). You may place a max bid of $500. but another bidder(s) max bid may be for example $495. You would have then outbid them but that current $10. bid would then jump up to over the $495. that was the other bidder max bid. This is were you might think the seller is trying to sell to you at your max bid amount. I hope you get my point. When bidding on eBay you are trying to outbid any other bidders maximum bid.
The seller has no idea how much your max bid is.
Unfortunately even though it's a "contract" if you win the auction yes the seller can back out if he/she didn't get the selling price they were hoping for. All they have to say is the item has been "lost" or "misplaced". And all you can do is leave them a negative feedback.
BUT.....If the seller has a set "reserve auction price" and your $500. bid is not higher than the reserve price then the seller does not have to sell to you because his/her reserve price was not met.
When you bid on an auction it tells you if there is a set reserve price. It may even tell you that you are the highest bidder but it will also let you know at the same time if the reserve has not been met.
Pay with PayPal and if the seller backs out then you can file a claim with PayPal and get your money back.
Hope this helps and good luck on eBay!
2006-12-01 14:10:37 · answer #2 · answered by Anonymous · 0⤊ 3⤋
When you place a high limit like that, it means that when the auction runs out and whatever price comes up as the winning bid (let's say $200). Then you pay $200. The seller does not have the right to pick and choose what price they will accept (unless they put a reserve on the item for $300). In that case, nobody would win b/c they didn't reach the reserve price. Nobody can see your maximum bid.
2006-12-01 13:53:50 · answer #3 · answered by penpallermel 6 · 0⤊ 3⤋
"No, the seller cannot up the winning price; the only way the price could go up is if someone else bids more b4 the auction's over. The seller does not have the choice to not sell you the item unless you don't pay." this is true
2006-12-01 14:05:08 · answer #4 · answered by c2lt_welch 1 · 0⤊ 4⤋
The answers are good, but many people are forgetting the seller could have a reserve price. So unless your bid is equal to or above the reserve price, the seller can not sell you the item.
The seller can't "up the price"
2006-12-01 13:59:32 · answer #5 · answered by cowrepo 4 · 0⤊ 4⤋
no. the highest bid wins no matter what. if you bid $500 but the auction only goes to $10 you pay $10. the seller HAS to sell you the item no mater what. if he does not he will be suspended after you dispute the transaction
2006-12-01 13:53:45 · answer #6 · answered by Anonymous · 0⤊ 3⤋
You only pay the price you bid as high bidder. If you bid $500.00 for an item and others are bidding, Ebay will bid for you until you are the highest bidder, the item only goes for $25.00 because the other bidders were outbid and they don't know how long you are able to hang in there...and the bidding may only go in segments of $5.00 or whatever each...you will only pay $25.00 for the item. $500.00 is extreme but that is just an example.
2006-12-01 14:05:04 · answer #7 · answered by Maria 3 · 0⤊ 4⤋
No, you will bid UP TO $500, but if the auction goes for less than that, you only pay that amount.
2006-12-01 13:52:56 · answer #8 · answered by Yoi_55 7 · 0⤊ 3⤋
No, they can't up the price to your max bid. The seller can't even see what your max bid is, only you can see your max bid.
2006-12-01 13:59:39 · answer #9 · answered by inov8ed 3 · 0⤊ 3⤋
No they can not up the price on you but other bidders can. And unless they have a reserve they have no choice but to sell it to you for the price that you won it for.
2006-12-01 13:53:02 · answer #10 · answered by jeff_4_jeeps03 3 · 0⤊ 2⤋