subevo

i want to bid on a car part.which is worth anything between £300 . to £700 the current highest bid is £190.

do i

a)wait until the last few seconds and say bid £600 thus hoping that i win and therefore do i have to pay the £600 or because ive won do i only have to pay a tenner more than the previous highest bid which for example was £350.

b)just put in the amount that im prepared to pay now even though two days are left to run and hope for the best.

having never done this before is my highest bid the one i have to pay like a real auction or if i bid miles above the next guy and win.will i only have to pay what his bid was plus a few quid.

i hope you get my drift its hard to put into words.any help appreciated.

David Lock

Do yourself a favour and spend one minute reading the e-bay link about how bidding works. Your max bid is hidden and your bid is shown as the next step up, say £10 over the current bid.

These days the e-bay anoraks use last minute software to come up with a bid in the last few seconds which will beat your manual efforts.

And if you're new to the e-bay game do look at the seller's Feedback and see if he has a reasonable track record. If in doubt don't bid cos it's a real hassle if it goes **** up. d

scoobyvirgin

You're correct with what you've put in A

scoobyvirgin

Apart from you only pay the minimum amount and not your full bidding price.

Prasius

iTrader: (1)

You can do either to be honest - how much you pay at the close of bidding is still dependent on what others bid - not your maximum bid (that is if the highest bid is below your maximum bid)

Billgtt

I always work out the maximum i'm willing to bid and wait until the last min if I can. Why bump up the price when there's still a few days to go? That could give any other potential bidders a few more days to try and get hold of some more funds.

The bidding is done automatically. eg if something's at £20 and you put in a bid of £150 it'll only bid £25 for you. Then if someone bids £30 it'll automatically bid £35 for you, up until your highest amount.

Oh, and personally I never bid a round figure. If I were willing to bid a maximum of £50 on something, i'd set my max bid at slightly over that, eg £50.76. That way if someone else bids £50 i'd win, just!

subevo

ok thanks for the info.my wife and sprog were convinced whatever i bid i had to pay regardless.

next question what happens if i bid one million pounds am i assured of winning?