Please excuse me if this is a stupid question, but its my first time bidding on ebay, and i couldnt find the answer in the help section.
So, say, an item costs $100, and my maxium bid is 200. If someone before me bid 180, and raised the item's "current price" to 105 (or whatever it is), and i win, will i have to pay 180, or 105?
2007-01-17
11:34:38
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9 answers
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asked by
nerveserver
5
in
Computers & Internet
➔ Other - Computers
Oh, and if you got this information from somewhere else, could you please cite your source? Id like to be absolutely sure about this. Thanks
2007-01-17
11:35:15 ·
update #1
and if its in the wrong section, sorry. feel free to suggest another one AFTER answering my question. I may post this q again.
2007-01-17
11:35:55 ·
update #2
Well, about the 105, it doesnt show their maximum bid. it has this whole thing with increments and stuff. as i said, im new to ebay.
2007-01-17
11:42:04 ·
update #3
If the other bidder bid $180 (assuming it's their max), it'll automatically bump your bid something higher but below $200. May $185. You'll then have to pay the $185 excluding shipping costs.
Depending on the seller, i typically do not pay until a receipt with the total is sent to my email account.
2007-01-17 12:24:57
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answer #1
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answered by ghmag 1
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I am a avid ebay buyer. The price that a item is sold for is set by the seller, sometimes with a reserve or a minimum bid. The amount set by the seller above the previous bidder may be .01 cent or $1.00, or other amount. I have won auctions with a .02 cent difference from previous bidder and more often than not, the difference in bid amount is .50 cents. Someone gave the advice to put the item on your watch list then within say two hours before end time bid your max that you feel it is worth and then play your cards. Hope this makes sense and helps!! When I bid, I determine what the item is worth then bid say 25 to 50% under that worth then in the final hour(s) bid up.
2007-01-17 13:39:36
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answer #2
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answered by dspike44 1
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It depends on a few things but here is the concept.
If the bid incriments are $5 they you will pay only $5 more than the person who underbid you with their highest bid...Unless your highest bid is less than $5 higher than theirs.
If their highest bid was $180 and you make a high bid of $181 then you will win at $181.
If you bid $200 then you would pay $185. The example you give is inaccurate. If they raised the current price to $105, then you bid $200, the new "current price" would be $185 with you as the high bidder.
...mom above is incorrect. There is a maximum bid and you are well advised to use it. Determine the max you are willing to pay less the shipping cost. Place that as you maximum bid and the system will only require you to pay the amount just above the person who under-bid you.
It is funny to watch people keep raising their bids in $1 incriments as they get overbid. You should only have to bid 1 time if you do it correctly.
2007-01-17 11:44:43
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answer #3
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answered by ldeweyjr 2
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Your question is not very clear but i'll try to answer your question. If the bidding item is $100 and somebody has a high bid of $105 and your maximum bid is $180, the sytem will automatically increase your bid to $105.50 (just an example) until another bidder has a higher bid. It will goes until the system hit your max bid of $180 and it won't bid anymore. Now let's say that someone bid $105 and your bid is $105.50 and no one else outbid you, you will win the bid at $105.50. If you win the bid you can't pay the equal amount of your closest bidder you have to pay a little more---$105.50 , in your scenario. The max bid is to allow Ebay to bid for you in your absence up to that amount if necessary to win the item.
2007-01-17 11:48:51
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answer #4
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answered by Ted B 6
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No, that's the risk a Seller has to accept when they put an item up for bidding. A seller sets a low opening bid to encourage bidding. They can set a reserve price to make sure they get a minimum price, but they must accept the final bid. Some sellers rig the auction by padding the shipping costs. That means they add extra $$$ to the shipping cost to get more money out of the buyer.
2016-03-29 02:19:29
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answer #5
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answered by Anonymous
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eBay will bid the next increment higher and you would in your example pay, like $185 or so.
But, and listen to me, DO NOT BID RIGHT AWAY. Bid just before the auction ends because it will generate extra interest and other bidders will drive the price through the roof! We don't want that, do we? We insiders want the lowest price, right?
I have a little secret for you, there's a site owned and linked to eBay called AuctionSniper.
They will place your bid in the last possible seconds before the auction end and charge you, like, a dime or quarter for the service. I have used this service for years and it's well well worth it.
Happy bidding!
PS If you're trying to loose weight you should change your name to something like, 'celery stick'!
.
2007-01-17 11:51:34
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answer #6
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answered by Freesumpin 7
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If the current bid is 180, you have to bid higher than that...your bid of 105 will not be accepted. If the person before you bid 180, then the "current price" would be 180, and you would need to bid more than that.
The winner is ALWAYS the person with the highest bid, and they always pay the amount of the highest bid that they made.
I might suggest that you put an auction on your watch list, and see the progress of the bids and winning, just to get a better understanding of how it works.
2007-01-17 11:43:33
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answer #7
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answered by abfabmom1 7
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Make it simple--I bid on an item and place bid of $100.00 which is alot higher than the last bidder, each one that bids after will be told they are not highest bidder so bid again. They will still take increments of $5.00 for each time they tried to bid. Then suddenly I am only bidder and I have $60.00 left of my hundred--no more bidders--deadline comes and I bought it for $60.00. Personal experience.
2007-01-17 12:01:45
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answer #8
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answered by Maria 3
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i'm not sure how to answer this one...
your bid has to be higher than the person before you's bid [crappy english... sorry] and if nobody else bids, you win the item and have to pay whatever you bid.
...if someone before you bid $180, why would that raise the items price to $105? Wouldn't it be $180...?
2007-01-17 11:39:41
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answer #9
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answered by ? 2
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