Once I have bidded for something on E-Bay can I change my mind and withdraw my bid?

Question

I am currently the highest bidder.

Answer 1

Read the eBay FAQ!!!!!!

Yes you can withdraw a bid but you'll get a bad reputation if you do it at all often.
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Answer 2

I would contact the seller, and tell him what happened before you just go ahead and do it. It's only fair to the seller, otherwise, he'll be left in the lurch. Ebay really goes out of their way to tell you several times before you bid that you're entering a contract. So, I would try going through the seller first. Here's what Ebay says about that.


A bid may be retracted (cancelled) by the buyer in some cases if the retraction meets the requirements of our Bid Retraction policy. Note: There is no equivalent for bid retraction in Buy It Now listings. Once you've confirmed your purchase, you are obligated to pay the seller. There is also no equivalent for bid retraction for item listings using the Best Offer feature.

Whether you can retract your bid or not depends on the following factors:

Why you are retracting your bid;
When your bid was placed and when the listing ends.
You can retract a bid or a Best Offer for the following reasons:

You made a typographical error and entered the wrong bid amount. For instance, you bid C$99.50 instead of C$9.95. If this occurs, enter the correct bid amount immediately after you retract your bid. If you do not place another bid, the retraction will be in violation of eBay's policy and could result in your suspension. Please review the retraction guidelines if you need to retract your bid.
The description of an item you have bid on changed significantly after you placed your bid.
You cannot contact the seller. This means that you tried to call the seller, but his or her phone number doesn't work, or that you have tried emailing a message to the seller and it comes back undeliverable.
You can only retract your bid or Best Offer at certain stages of a listing, depending on when you placed your bid:

When your bid was placed
What is allowed
What is not allowed

More than 12 hours before the listing ends
You can retract the bid with more than 12 hours left before the listing ends. When you do this, all your previous other bids will also be eliminated. So be sure to bid again if you are correcting a bidding error that you made.
You cannot retract the bid during the last 12 hours of the listing, unless the seller agrees.

Please contact the seller to request that your bid be canceled. However, it is up to the seller's discretion whether or not to cancel your bid.

Less than 12 hours before the listing ends
You can retract the bid within one hour of placing it. In this case, only that bid will be retracted; any other bid you placed before the last 12 hours of the listing remains valid.



Restriction: Your total number of bid retractions in the past six months is displayed in your member profile. eBay will thoroughly investigate bid retractions. Abuse of this feature may result in the suspension of your account. Bids retracted within the last 24 hours of listing may be viewed as bid shielding, which is a serious violation of our policy.

To retract a bid, use the Bid Retraction form.

To retract a best offer, use the Best Offer Retraction form.

Answer 3

Yes, but why did you bid? Are you suffering from bidder's remorse? Click help and say you bid the wrong amount. I would not do this very often because they do not want folks who do not keep their promise. Once I bid twenty four thousand dollars on a pocket knife, because of a comma instead of a period.
Also, don't wait until the auction is almost over to retract. It's not fair to the seller.

Answer 4

Yes you can. Click on Help on your ebay page and it's one of the questions on the search page. I've tried posting the link but it reverts to the home page.
It's question no.3 Can I retract my bid?which takes you through the steps to withdraw.

I've retracted occasionally when I've bid too high an amount. If you hit the comma instead of fullstop in your bid, it increases the amount x10 in error. After retracting it's possible to enter the intended bid.

Other reasons for pulling out are allowed but the bid retraction stays on your feedback history for 6 months.

Answer 5

As defined at eBay different cases, a bid is a settlement. It potential you settle to pay for the object. you may not replace your recommendations. Your bid expenses expenses to the vendor. you will get damaging comments and you'd be able to nicely be banned from bidding on human beings's issues and finally your account suspended and bumped off.

Answer 6

only if you there is more than 12 hours left on the bidding then you can fill in an form and say you entered the wrong amount or something!!

Answer 7

Yes, you can retract your bid, just go to the ebay help pages, fount of all e bay knowledge, rather that ask here.

Answer 8

Yes you can, in fact i did it yesterday, put in the wrong amount and withdrew it for that reason, its better to do that than just ignore it and get a non paying bidder strike against you.

Answer 9

Yes you can. I run an Ebay store and you can retract a bid. You need to go to your My Ebay page and look up a help link from there. It doesn't hurt you, it just doesn't look good if the seller leaves you negative feedback for it. I would try to contact them and let them know afterwards so you don't get negative feedback.

Answer 10

You can, but without a valid reason (changing your mind isn't considered valid) EBay may suspend your account.