Yes, it will take their bid up to outbid your max autobid automatically, or take you to a winning bid if you bid more. With the vehicles two bids the same will go to the bidder who put the first bid in against the other.
Hope that makes sense..
Does anyone know if, when your bidding against an autobid from another bidder if you select autobid yourself does each bid keep cancelling out automatically until the maximum amount is reached? I am watching some liquidation auctions and have placed a couple of bids here and there but don't want to raise the bids too quickly.
Any advice would be appreciated.
Yes, it will take their bid up to outbid your max autobid automatically, or take you to a winning bid if you bid more. With the vehicles two bids the same will go to the bidder who put the first bid in against the other.
Hope that makes sense..
if you have a maximum amount you would pay use an auction sniper which will put your bid in at the last couple of seconds at the minium amount to win the auction
The main difference between eBay and grays is in a grays auction it first stop at a set time, so if there is a last min bid you get 15 min to bid then so does everyone else. This has had some auction items go 2 hrs past the official finish time, like a real auction. Also in certain multiple identical lot sales the multi bidder, bidding $89 On 5 identical items takes precedence over the earlier bidder who only wants One.
With Grays I thought it was 10, not 15, minutes from the most recent bid that it was prolonged.
When I looked last night they say ten minutes extension, either way each and every item has an auto bid enabled of ten dollars rise so me thinks it is a way of getting items up a bit or maybe to a reserve. will see how it goes.
It's a shame really, a company of 139 years ownership by the one family now in liquidation only a month or so after I was made redundant so lucky me I guess, there are some good items, some of which are only a few months old and were maintained by a bloody good fridgyso hopefully will pick up some good trade tools at a reasonable price.
Yup sorry 10
Always read fine print to as sometimes postage or their fee is steep, but I have bought several items off them.
Try and bid first on single then all you need to do is match and with multi lots see if you can onsell to family or friends as their can be a big difference between the lowest and the highest bid. In one I knew I would only get 2 items at 79( but put down 10) but if I bid on one I would have paid 129 as the single bids had shot up.
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