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Bid retraction

N79
Posts: 2,615 Forumite
I have a quick question that I can not find out the answer to on Ebay's help pages.
If you bid on an item then you are required to complete the purchase if you are the highest bidder.
If someone out bids you then, in a normal auction, you are no longer required to buy the item.
However, Ebay allows bidders to retract their bids. If the retraction of a bid causes your previous bid to become the highest bid are you required to complete the purchase? Normal auction rules would say that you are not but Ebay may well have their own rules.
I am asking because I have bid on an item but have now been outbid. There is another item for sale which I could bid on but I want to know if there is the possibility that I could end up winning two versions of the same item.
Many thanks
If you bid on an item then you are required to complete the purchase if you are the highest bidder.
If someone out bids you then, in a normal auction, you are no longer required to buy the item.
However, Ebay allows bidders to retract their bids. If the retraction of a bid causes your previous bid to become the highest bid are you required to complete the purchase? Normal auction rules would say that you are not but Ebay may well have their own rules.
I am asking because I have bid on an item but have now been outbid. There is another item for sale which I could bid on but I want to know if there is the possibility that I could end up winning two versions of the same item.
Many thanks
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Comments
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I have a quick question that I can not find out the answer to on Ebay's help pages.
If you bid on an item then you are required to complete the purchase if you are the highest bidder.
If someone out bids you then, in a normal auction, you are no longer required to buy the item.
However, Ebay allows bidders to retract their bids. If the retraction of a bid causes your previous bid to become the highest bid are you required to complete the purchase? Normal auction rules would say that you are not but Ebay may well have their own rules.
I am asking because I have bid on an item but have now been outbid. There is another item for sale which I could bid on but I want to know if there is the possibility that I could end up winning two versions of the same item.
Many thanks
If the 2nd item finishes at least 12 hours after the 1st why don't you bid on that as once an auction has less than 12hrs to run on the 1st auction a bid cannot be retracted and you'll no for sure if you are the highest bid or not.
If you're not then you're already onto the 2nd and if you are then cancel your bid on the 2nd.
It's very rare to get a retraction unless someone is using multiple accounts to work out the curent highest bidCharacter is what you have left when you've lost everything you can lose.0 -
If you are outbid and then the high bid is retracted or removed leaving you the winner, you are expected to honour your bid.
Good for you for asking, we often see it from the other side (I was outbid so i bid on a different item and now I've won both') and there's really no get-out for those kind of situations.My TV is broken!
Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j0
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