Ebay bidding question, please explain something to me?

Question

I'm new to ebay. I have a question: If I see an item for bid at $20, but to beat other buyers to the deal, can I bid $200? Lets say I'm the winner, do I would win it for $20 because that was the second last bid or $200 last bid I made? I dont know if bluffing the last price on ebay works against the last bidder. The item is valued at $300. Again the question is at what price would I win the bid. (sorry if its a lil confusing). Thanks for ur help.

Answer 1

If you bid 200 and the final bidder goes to 55.00, you pay 55, not 200. It's always best to put in your highest amount if it's something you DON'T wanna risk losing. Be careful because if you say it's valued at 300, watch out, someone may beat you buy a couple bucks by a bid of say 203.25. That has happened to me too many times. Good luck and as they say happy bidding:)

Answer 2

Ebay will use the lowest amount possible to win for you - so, if you bid $200 when the max so far is $20, you might get it for $21.



But, if the person who is the high bid so far has a max that it greater - such as $50, then your bid will go to $51 and you will be the high bidder. If someone else bids with a max of $75 then your bid will go up to $76 and you will still be the high bidder.



If someone has a max bid of $250, then you will be outbid and the high bid will be $201.



When you are outbid, I believe you get an e-mail (or other form of message) to let you know you were outbid and an opportunity to bid again - assuming time allows. Lots of bidding might happen during the last minute.



So, you might want to bid your absolute max you want to pay and hope to get it for less.



Nothing wrong with bidding less (say $50) just to see what it then sets the current bid to in order to see what the previous max was. You can always bid more, or increase you max even though you are the current high bidder.



Bid with caution - no easy way to back out of a bid.

Don't bid on two or more of the same items at the same time if you only want one - you might end up winning two or more.

Answer 3

If you bid on a $20 item that nobody has bid on and your maximum bid is $200 then you will only be charged $20 for the item.



You would only pay $20 unless someone else comes along and tries to outbid you - the price rises to their maximum bid - as long as it is under $200 then you would still win the auction because you have the highest bid down.



That's why some people set high maximum bids so they can insure they win the item. Instead of announcing your competition to other bidders by making a bid early, I would suggest waiting until the auction is almost over before making a bid. You would tend to end up with lower prices that way. Just don't tell anyone I said that.

Answer 4

If the starting bid is $20 and you bid $200, eBay keeps bidding for you until the bid reaches your maximum bid, which in this case is $200. You pay whatever the last bid was when the auction ends...if it is $150, then you are obligated to pay $150...once you make a bid, you can not retract it.



In my experience with eBay, it's safer to bid a bit lower and watch the item, then re-bid. There are people out there that want the item and will keep bidding just to find out what your highest bid was...then if they get to say $150 and they don't want to go any higher, you're stuck paying the high price...Hope this helps.

Answer 5

When you bid, you are putting in the max amount you would pay for the item. So if you say "200" on your bid and the last bid is "30", you would get it for "31".

Answer 6

$200 would be your highest bid like if someone bid $199 your bid would go up to $200.



If the last bidder before you bids $35 you will pay $35.50 or something like that - not $200. Get it?

Answer 7

If you bid 200 on a twenty dollar item, you will pay what the last bidder bid.

Answer 8

You pay whatever the last lowest bid was!



If you were the last bidder at 200.00 but no one wanted to go that high then you will only pay the 20.00



Make sense?

Answer 9

Be prepared to pay if it goes that high.

But your highest bid isn't always reached depends on who wants

the item sometimes its nobody. I have gotten items less than

there value its all about who else wants it besides you.

Answer 10

you buy it for the last price someone bid on. you wont pay two hundred unless that was the last bid