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Why do people bother bidding when they dont want to bid close to the reserve price?

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Comments

  • erm....mate you can raise it, cos you can revise your bid at any time so if you want to revise your bid so you are over the reserve you can do.

    of course you can raise your bid, that not whats being questioned, 'other members' believe that if you are the first bidder n an item with a reserve og eg £50 that if you bid £51 then you will automatically have met the reserve, however this isnt true, if you are the first bidder then no matter what your bid eBay will always bid the lowest amount which would still possibly be £0.99 regardless of max bid.
  • NeilJung
    NeilJung Posts: 322 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    A few times I've seen an item listed by someone who has no idea of the usual going price for with a reserve. What I mean is they will list something that always goes for well under £50, so you know right away they are wasting their time and listing fees already. If I'm feeling mischevious I have been known to bid £49.99 on such items. It gives me a chuckle.
  • DaveAshton
    DaveAshton Posts: 7,851 Forumite
    Part of the Furniture Combo Breaker
    of course you can raise your bid, that not whats being questioned, 'other members' believe that if you are the first bidder n an item with a reserve og eg £50 that if you bid £51 then you will automatically have met the reserve, however this isnt true, if you are the first bidder then no matter what your bid eBay will always bid the lowest amount which would still possibly be £0.99 regardless of max bid.
    What the hell is wrong with you, yet again you're talking absolute, utter bo11ocks (how the hell you've lasted 6 1/2 years on ebay with so little knowledge of how it works is beyond me).

    A reserve counts as an invisible bid. If the reserve isn't met, the reserve's "bid", wins. If the reserve is met (whether by only one bidder or several) the actual bid wins.

    Here's a little game for you. As you're so incredibly confident of how the reserve feature works, I'll list an empty shoe box with a £99 reserve. Then, you can bid £100. No-one else will be stupid enough to bid, so by your theory you won't win the item with your solitary, above reserve bid. 7 days later you would have an NPB dispute opened against you, and 15 days after the sale date you'd get an NPB strike. You willing to take me up on it? :A
    Back on MSE after a 5 year hiatus.

    :heart2: Rhi :heart2:
  • soolin
    soolin Posts: 74,484 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    :wall:I can understand a new buyer or seller not understanding how a reserve works but an existing one.

    Of course a single bidder who places a bid above reserve will win the auction, but frankly I can't even be bothered to argue the point with someone who just doesn't get it.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • cyberbob
    cyberbob Posts: 9,480 Forumite
    1,000 Posts Combo Breaker
    of course you can raise your bid, that not whats being questioned, 'other members' believe that if you are the first bidder n an item with a reserve og eg £50 that if you bid £51 then you will automatically have met the reserve, however this isnt true, if you are the first bidder then no matter what your bid eBay will always bid the lowest amount which would still possibly be £0.99 regardless of max bid.

    I live on planet earth why don't you join me.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    fatherazhara will you take up DaveAshton's challenge?
  • DaveAshton wrote: »
    What the hell is wrong with you, yet again you're talking absolute, utter bo11ocks (how the hell you've lasted 6 1/2 years on ebay with so little knowledge of how it works is beyond me).

    A reserve counts as an invisible bid. If the reserve isn't met, the reserve's "bid", wins. If the reserve is met (whether by only one bidder or several) the actual bid wins.

    Here's a little game for you. As you're so incredibly confident of how the reserve feature works, I'll list an empty shoe box with a £99 reserve. Then, you can bid £100. No-one else will be stupid enough to bid, so by your theory you won't win the item with your solitary, above reserve bid. 7 days later you would have an NPB dispute opened against you, and 15 days after the sale date you'd get an NPB strike. You willing to take me up on it? :A

    mate you should know by now £99 reserve on an empty shoe box is giving it away :p

    can i not bid? i like a bargain :rotfl:
    things arent the way they were before, you wouldnt even recognise me anymore- not that you knew me back then ;)
    BH is my best mate too, its ok :)

    I trust BH even if he's from Manchester.. ;)

    all your base are belong to us :eek:
  • pulliptears
    pulliptears Posts: 14,583 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If I see "Reserve" on an auction I don't usually bother with it.

    I may email the seller and ask him what his reserve is set at and I often find that they really don't have a scooby of the real market value and have plucked an inflated price out of thin air.

    Waste of time and cash IMHO

    I'm a bit like you and do try and avoid reserve auctions. Last night however, OH noticed something he had been looking for and bid £357. Auction ended with reserve not met at £351 but seller offered to let it go for our bid so everyone happy and he is saving fee's.

    I wouldn't normally go down this route, but seller is local so we can collect the item and inspect it fully before any cash changes hands.
  • DaveAshton
    DaveAshton Posts: 7,851 Forumite
    Part of the Furniture Combo Breaker
    mate you should know by now £99 reserve on an empty shoe box is giving it away :p

    can i not bid? i like a bargain :rotfl:
    Nah, you can have one for £75 as I know you :p:rotfl:
    Back on MSE after a 5 year hiatus.

    :heart2: Rhi :heart2:
  • BFG_2
    BFG_2 Posts: 2,022 Forumite
    I sometimes bid as it's a way of 'registering your interest' eg seller withdraws item and then relists later...some sellers email previous bidders telling them its up for sale again.

    Some sellers offer a 2nd chance at a price way below their prev reserve [when they realise their reserve was way ott]

    A seller sometimes uses 'bids' as a way of judging market value.

    Some sellers email prev bidders and offer a sale off ebay [fine as long as you take precautions].

    Just watching doesn't do any of the above.
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