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Thread: Ebay Bidding

  1. #1
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    Ebay Bidding

    I am looking at an item on ebay.

    This item has a start price of $3500 so if I bid $4500 and there are no other bids I get the item for $3500.

    However there is a reserve as well (lets say $4000) and I bid $4500 does that register as $3500, $4000 or the full $4500 if I am the only bidder. What do I pay $4000 reserve price or the bidded $4500??

    Thanks

    Garry
    REMLR 243

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  2. #2
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    You put your highest price in at $4500, your bid will be the starting price of $3500 despite the reserve. Let's say you are the only bidder, you have not won the auction as you have not reached the reserve. The person trying to sell their stuff, may contact you to negotiate further, but not allways.

    At least I am fairly sure...

  3. #3
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    Exclamation Bids set at Reserve

    Hi Garry,

    This is from eBay help information:-

    "If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price."

    Which says to me if you put in a bid that at least meets the reserve your bid will be that amount (until someone else bids more). After that the usual eBay rules seem to apply. That is, first in wins the day.

    From your provided example, eBay would put your bid at $4000 and you'd win at that if you were the only bidder.

    I usually make use of a bid engine so I don't reveal my hand early. I figure there's no value in alerting the world to the fact that I'm really interested in an item.

    Hope this has been of some use to you.

    Cheers,
    Iain

  4. #4
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    Absolutely, there is no point bidding early unless it is to extinguish a buy-it-now.

    You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.

  5. #5
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    x2 with Rangiebit, if your maximum bid is above the reserve the bidding will be raised to the reserve.

    Either bid late or use Gixen.com - or another sniper website - it will place your maximum bid in the last few seconds. It's not just the bidding at the last minute, but also that you don't forget to bid, and you can't catch auction fever at the last minute.

  6. #6
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    Quote Originally Posted by abaddonxi View Post
    x2 with Rangiebit, if your maximum bid is above the reserve the bidding will be raised to the reserve.

    Either bid late or use Gixen.com - or another sniper website - it will place your maximum bid in the last few seconds. It's not just the bidding at the last minute, but also that you don't forget to bid, and you can't catch auction fever at the last minute.
    As a seller I love last minute auction fever. It's the only way that people are silly enough to willingly pay $30 for something that has a rrp of $17 and is freely available. I always list at 99c start and don't believe in reserves unless it is a car. I find it puts people off. It's a risk but usually pays off.

  7. #7
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    Learn something new every day

  8. #8
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    Yes abbodonxi but the sniper programs don't work on Landrover stuff on ebay when you bid against a fellow Aulrovian do they

  9. #9
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    And you keep right on believing that land864!! (insert evil laugh here)

  10. #10
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    work out what the maximum value that something is worth to you and put that value into gixen.com or the sniper of your choice.

    if you win it cheaper then you have a bargain relative to your value set.

    if you lose, you need to have a think about what things are worth to you

    that way no fever, no forgetting and you get to do something productive with your life in the meantime.
    2007 Discovery 3 SE7 TDV6 2.7
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    "Make the lie big, make it simple, keep saying it, and eventually they will believe it." -- a warning from Adolf Hitler
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    'If everyone colludes in believing that war is the norm, nobody will recognize the imperative of peace." -- Anne Deveson
    “What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” - Pericles
    "We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand
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