Ebay users...question re max bid & reserve - HotUKDeals
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Ebay users...question re max bid & reserve

carol123 Avatar
6y, 2m agoPosted 6 years, 2 months ago
Does anyone use ebay? Do you know what happens in this senario...

Something im bidding on, im winning the bid but the reserve is still not met. Theres still some time left on it but to try secure it i should put on a maximum bid ... since the reserve is not met would that mean my max bid wouldnt show anyway (if now one else bids) or would that bump my bid up if my max bid would meet the reserve?

Hope this makes sense?? Hope someone can help, thanks
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carol123 Avatar
6y, 2m agoPosted 6 years, 2 months ago
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#1
I think if you put a bid to what you think reserve is and it is, the bids should jump up, you should win it if no one else bids, not 100% sure tho.

Edited By: GRGO140 on Oct 07, 2010 23:26: edited
#2
yes but say for talking sakes my bid was £100... and the reserve isnt met.... then i puyt a max bid on of £200 to secure the win... but the reserve was £150.... since I am winning the big at £100 because the reserve isnt met would it put the bid up to £150 to cover the reserve price??
Reason i ask is because ive to contact the seller at the end of auction and if reserve hasnt been met we can negociate a deal.. so dont want to put in too high a bid and end up paying more than i might have got it for if i just sat at £100 (if that makes sense?) (just to say the lot isnt actually £100 its a lot more money hence tryiong to be careful on how I bid) thanks
#3
Can you put small bids in perhaps so you dont over bid the price. might be though you could message seller when it ends and the seller might offer you sale at buyitnow,
#4
Id keep bidding but quite small amounts say £5 each time, until you meet the reserve and if its getting too high and your still not meeting the reserve dont bid again and contact seller after HTH
#5
i already asked for a buy it now but couldnt as there were already bids in so have to let auction run. So yes if reserve isnt met then we would arrange a buy it now but just a bit worried incase we loose the bid with someone creeping in at the last minute ... so i will need to set a max bid but dont want it to be too high incase im shooting myself in the foot and end up paying more than would need to if i just leave it as it is.... i just dont know if the max bid would run through to meet the resrve price thats my issue :)
#6
if the reserve isnt met and your bid is 100 then you up your max bid to 200 and the reserve is 150 then you will automatically up the bid price to 150 to meet the reserve instead of it showing at the 100 you initially bid, like it would in an auction without a reserve

Edited By: Peterdj41 on Oct 07, 2010 23:38: .
#7
the amounts are going up in hundreds now... so its not possible to increase by £5. I have an idea of what the seller was looking for... wether thats the reserve price or not i dont know but i assume it would be... and if i asked theres no way of me knowing weither seller was telling me the right figure or not as theres a lot of interest on the item .... ohhh dilemas dilemas :)
#8
how can u tell the reserve from the item number?
#9
but im confused coz in a normal auction wthout reserve it would not put me up to my max bid... so if there is a reserve if ive bid higher in my max then its going to take me up to the reserve?
#10
carol123
but im confused coz in a normal auction wthout reserve it would not put me up to my max bid... so if there is a reserve if ive bid higher in my max then its going to take me up to the reserve?

if you put your max bid as 200 reserve was 150 then your bid would be 150 with your max still being 200, anything lower than the reserve bid then your bid will stay the same but if the auction ends with your bid still under the reserve then the item wont be sold to you/anyone with the highest bid below the reserve.

message the seller and ask them how much they put the reserve on for, not a buy it now price, then you will know if its more than you wanted to pay
#11
Thank you everyone, auction has ended, so problem solved
#12
did you win it
#13
won the highest bid but reserve still not met

Edited By: carol123 on Oct 08, 2010 00:35: mis spelling
#14
tinkerbell28
No really, I don't know why people come out with such crap on here, you can't bid against yourself. The only thing that will push your bid up is someone else bidding. Reserve or no reserve. If there is no one else bidding, there is not the interest the seller thinks it should get so ebay won't push your bid up to meet reserve. As you just found. Nor will it sell to the "winner" if the reserve isn't met, that's down to off ebay negotiations if you so choose.

So if I am the only person bidding on an item with a £100 reserve and I bid £50 initially, then change my mind at a later date and set a max bid of £110, ebay will ignore that my max bid is over the reserve and not take the bid up to the £100? Therefore because only I have bid on the item (and over the reserve at that) the item wouldnt sell?
#15
I always ask the seller what the reserve price is.
[helper]#16
imafish2002
So if I am the only person bidding on an item with a £100 reserve and I bid £50 initially, then change my mind at a later date and set a max bid of £110, ebay will ignore that my max bid is over the reserve and not take the bid up to the £100? Therefore because only I have bid on the item (and over the reserve at that) the item wouldnt sell?

If your maximum bid exceeds the reserve price then the reserve price will be your bid and the seller has an obligation to sell to you at that price. It will stay at the reserve price unless someone starts bidding against you.

So in the example you give, with no-one bidding against you, you would "win" the item for £100 and as the reserve price was met the seller should sell it to you for that price.
#17
gari189
imafish2002
So if I am the only person bidding on an item with a £100 reserve and I bid £50 initially, then change my mind at a later date and set a max bid of £110, ebay will ignore that my max bid is over the reserve and not take the bid up to the £100? Therefore because only I have bid on the item (and over the reserve at that) the item wouldnt sell?
If your maximum bid exceeds the reserve price then the reserve price will be your bid and the seller has an obligation to sell to you at that price. It will stay at the reserve price unless someone starts bidding against you.So in the example you give, with no-one bidding against you, you would "win" the item for £100 and as the reserve price was met the seller should sell it to you for that price.

That's what I thought. Confused by what Tinkerbell was saying.
[helper]#18
Just to avoid any confusion here is the link to the relevant ebay page
http://pages.ebay.co.uk/help/buy/reserve-price.html

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.

Edited By: gari189 on Oct 08, 2010 13:28: ?
#19
gari189
Just to avoid any confusion here is the link to the relevant ebay page http://pages.ebay.co.uk/help/buy/reserve-price.htmlIf 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.

Thanks for that, I was just trying to find that page myself. Tinkerbell had posted again but has now removed the post. Don't confuse me like that Tinkerbell, I feel safe taking your eBay posts as gospel normally lol
banned#20
Don't trust what tinkerbell was saying lol women! X)

If you're the only person bidding it won't budge till you go over the reserve at which point it will stick at the reserve till someone else bids.

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