Retract bid

Question

How can I pull my bid the auction is still going but I won more than expected and donâ€™t have funds

lady_madonna · Answer

@roster_21

"Not having the funds" is not a valid reason for retraction.

Per Ebay: A bid is a binding contract that's active until an auction-style listing ends. Once you place a bid, you need to pay for the item if you're the winning bidder.

https://www.ebay.com/help/policies/rules-policies-buyers/rules-policies-buyers?id=4206

whattheactualfox · Answer

Per eBay guidelines on bid retractions:

Source: https://www.ebay.com/help/buying/bidding/retracting-bid?id=4013

You can retract a bid if (Note: these options are only applicable for up to 1 hour after making the bid when the listing is ending in less than 12 hours):

The seller significantly changed the description of the item
You accidentally bid the wrong amount. For example, you meant to bid $20, not $200. In this case, enter the price you intended to bid as soon as you've retracted the incorrect bid

Bid retraction link:(https://www.ebay.com/help/action?topicid=4013)