If you are outbid:
AutoBid enters bids automatically on behalf of other bidders. If you place a bid, and you are notified you are outbid, it is typically because another user placed a Maximum Bid higher than your bid, and AutoBid raised their bid higher than your bid.
If you are outbid by less than the bid increment:
If you lost the item by less than the bid increment, another bidder entered an amount above the next bid increment after you entered your bid.
Bid increments are determined by the Current Bid, not by your Maximum Bid. As the Current Bid increases, the bid increment increases.
Example:
- Current bid is $100
- Bid increment is $5.00, requiring the next bid to be at least $105.00
- Bidder A bids $205.00
- Bidder B bids $207.00
- Bidder B wins the auction by $2.00