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mom.0195
Community Member
Posts: 1
Registered: ‎06-29-2013
Accepted Solution
How does automatic bidding work?

If I use the automatic bidding process, how do I know that I won't end up paying more than I wish to pay. I would hate to lose a bid by $10.00 but don't want to pay $100.00 more than I wish to pay.

Thanks

Accepted Solution
vista_coins
Community Member
Posts: 3,930
Registered: ‎03-20-2011
Answered
in reply to mom.0195

The highest bid wins, but by placing a bid just before the auction ends prevents other bidders from placing a new one to outbid you.

 

You can snipe manually by sitting in front of your computer or there are companies that provide a sniping service for a fee where you set your max bid and they will place it for you seconds before the auction ends.

 

One company is Auction Sniper and gives your 1st three snipes free

http://www.auctionsniper.com/?who=vnpSOYp0qdPjpU8M8uvTRQ%3d%3

Everyone should know these 4 things:
1) Buyer Protection - 30 days to file a claim from delivery date
2) Auctions are binding contracts
3) Click on Customer Support to find all answers
4) Problems are resolved in the Resolution Center
Other Answers: 4
centerhill73
Community Member
Posts: 17,593
Registered: ‎01-23-2011
Answered
in reply to mom.0195

???

If you post the maximum bid you are willing to pay, the system will never bid more for you than that amount.

the_right_stuff99
Community Member
Posts: 3,027
Registered: ‎02-11-2004
Answered
in reply to mom.0195

If I use the automatic bidding process, how do I know that I won't end up paying more than I wish to pay. I would hate to lose a bid by $10.00 but don't want to pay $100.00 more than I wish to pay.

Thanks

Very simple: don't bid more than you wish to pay. Why would you do that?

annadryl
Community Member
Posts: 2,026
Registered: ‎02-12-2009
Answered
in reply to mom.0195

bid that max exactly once. you'll never overpay and there's no need to sweat. imagine you have xxx cash in pocket and after that it's gone. remember food and rent etc.

kraloe
Community Member
Posts: 36,735
Registered: ‎05-11-2005
Answered
in reply to mom.0195

You don't pay more than you wish to because your maximum bid that you enter is the highest amount that you wish to pay, should bidding go that high. If you don't want to end up paying $100, don't place a bid for $100.

http://pages.ebay.com/help/buy/automatic-bidding.html