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ebay bidding
pennyforthem
Posts: 235 Forumite
If an item has an auction and BIN bidding system and you place a bid in the auction slightly higher than the BIN price and someone then bids the BIN does your bid automaticaly win ?
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If you bid on a BIN auction (with no reserve) the BIN option will vanish.
You will not automatically win - you will be competing with the other bidders.
Why would you want to pay more than the BIN?My TV is broken!
Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j0 -
Once you bid on an item with BIN option I think the BIN option goes and only the option to bid in the auction remains. Not sure why you'd want to bid more than BIN price though?!MTC NMP Membership #62 - made it back to size 12 after my children & I'm staying here!0
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Theres £20 difference the item has just over a day left and noone else has bid (but then they tend to wait untill the last min). I need the item but £20 is alot of money for me at the moment.
When you place an auction bid the BIT option does not go, I just wanted to know if I was automatically going to win or still risking loosing the item. I have looked on ebay and cant find the info anywhere, but I dont think they are going to encourage this as they would loose out on money if it is possible.
Anyone know ?????0 -
You are right, it is just auction now ! How long has it been like that for ?0
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As far as I'm aware - if you bid on an auction that also features a BIN price then the BIN element goes. If you want to bid - then do so, but the price may rise higher than the BIN. If you want to be guaranted the price - go via the BIN.
FF"A simple life freely chosen is a source of strength. Do not be pursuaded into buying what you do not need or cannot afford." Quaker Faith & Practice 1.02.410 -
If you place a bid on the item.... the BIN option will dissappear, (unless the seller has paced a reserve figure on it) then it carries on as a normal auction0
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pennyforthem wrote: »You are right, it is just auction now ! How long has it been like that for ?
It should have been like that ever since you bid.
From ebay's help section:
The Buy It Now option will only be available when there are no bids on the item or until the reserve price is met. Once there’s a bid or the reserve price is met, the option disappears.
http://pages.ebay.co.uk/help/sell/fixed_price.html0 -
pennyforthem wrote: »Theres £20 difference the item has just over a day left and noone else has bid (but then they tend to wait untill the last min). I need the item but £20 is alot of money for me at the moment.
When you place an auction bid the BIT option does not go, I just wanted to know if I was automatically going to win or still risking loosing the item. I have looked on ebay and cant find the info anywhere, but I dont think they are going to encourage this as they would loose out on money if it is possible.
Anyone know ?????
Hi
If there's a BIN option, and you're the first to bid, and you're happy to pay the BIN price, put that in as your bid & you've won, at the BIN price.
If you don't want to pay the BIN price, wait as long as you dare, until as close to the close of the auction as possible, put in the MAXIMUM you're prepared to bid, and wait to see if you've won, and at what price. If there are no bids on, make that offer as close to the BIN price as you can.
Once any bid is made, the BIN function no longer works, although the BIN price is still shown.
If you lose, it's because you weren't prepared to pay as much as another bidder was. Never bid up in increments, that's a surefire way of losing out. Use ebay's own incremental bidding to bid for you.
HTH
Baff
Exclamation and question marks - ONE exclamation mark or question mark is sufficient to exclaim or ask about something. More than one just makes you look/sound like a prat.
Should OF, would OF. Dear oh dear. You really should have, or should've listened at school when that nice English teacher was explaining how words get abbreviated.0 -
pennylane99 wrote: »If you place a bid on the item.... the BIN option will dissappear, (unless the seller has paced a reserve figure on it) then it carries on as a normal auction
boy that confused me
was wondering why you were answering your own question :rotfl:
I AM too stupid for ebay (and perhaps the rest of the world) :rotfl: :rotfl:
mishkaBow Ties ARE cool :cool:"Just because you are offended, doesnt mean you are right" Ricky Gervais
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nightswimmer wrote: »It should have been like that ever since you bid.
From ebay's help section:
The Buy It Now option will only be available when there are no bids on the item or until the reserve price is met. Once there’s a bid or the reserve price is met, the option disappears.
http://pages.ebay.co.uk/help/sell/fixed_price.html
Well I never ! It must be along time since ive been on ebay ! It finishes tomorrow I will just have to see. Thanks !0
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