GB auction reserve or buy now question

NOAH

November 09, 2012 08:50

When an auction has a reserve & buy now option. for example

my bid is 1k , reserve is 1300 , buy now is 1500.

if i were to bid 1450 would the auto bid stop at 1300 or
will it show the bid i placed.or will it say reserve met & stay
at 1300 until some one else came along.
Or if no one else bid will i win at 1300?even though i had bid up to 1450.
thanks

0

• 

  Spider7115

  November 09, 2012 09:12

  It should stop at $1,300 with a max bid of $1,450. Current bid will increase if other bids are placed.

  0
• 

  perry shooter

  November 10, 2012 03:02

  Hello NOAH It is my understanding that on all BIN prices the bidder has to click on the BIN box. In other words if you place a bid of $1450 and someone else say places a bid of $1600 dollars then he does not automatically get the item because he did NOT check the BIN block then you would have to bid $1600 Plus to again be high bidder and the 15 minute rule would come into play. The BIN price is the ONLY way you can assure YOU get the item. IMHO if you really want the Item and are only $50.00 away with what you are willing to bid Save yourself the Hassle & click the BIN price, I have no interest or involvement in any current auction.

  0

Please sign in to leave a comment.