Bidding increments on ebay?

carolinosourus

Does anyone know whether the bids have to be over a certain amount before the increments go up to 50p? For example, if I bid £5 on an item, how much will the item go up to before the next amount that someone can bid goes up to 50p eg when it says 'you must bid more than £5.50'?

Does that make sense? I hope it does!

pinkgem

http://pages.ebay.co.uk/help/buy/bid-increments.html

hth

greenstreetprince

once you hit £5 u can then only increase in 50 increments, under 5 and above £1 and you're allowed a 20p increase

StaffsSW

Which is another reason why it's good to bid a few pence over a round figure.

If a starting price is 99p and the first bidder puts in £5, the item will still show 99p with 1 bid.

If bidder 2 then enters £5, they will raise the listing to £5, with 2 bids, but will not be the highest, as bidder 1 entered the same amount earlier.

At this point bidder 2 needs to enter £5.50 as a next bid, but if they had put £5.01 as their 1st bid, then the item would show £5.01 with 2 bids, and they would be in the lead.

It's only 49p at this stage, but if you are bidding £3k on a car or caravan, then the next increment is £100. £3000.01 could potentially save you £99.99 on winning.

carolinosourus

so if I bid £8 as my max bid and then a sniper comes and bids £8.03 right at the last second, that bid shouldn't have been allowed? Right?

StaffsSW

carolinosourus wrote: »

so if I bid £8 as my max bid and then a sniper comes and bids £8.03 right at the last second, that bid shouldn't have been allowed? Right?

No, they bid more than you did, butit depends on what the listing price was showing at the time the snipe came in. If it was showing £6 or £7, then £8.03 was enough to beat you, and the increment.

Jimbobby_2

carolinosourus wrote: »

so if I bid £8 as my max bid and then a sniper comes and bids £8.03 right at the last second, that bid shouldn't have been allowed? Right?

Only if it is on £8 at the time you bid or anywhere between £7.53 and £8.03. If you have bid £8 but it is still with you at £4 say, then that £8.03 could come along and trump you perfectly legit, or even £8.01 which is really irritating!

StaffsSW

Which reminds me - who was that muppet who tried to argue that sniping didn't work?!?!

I think you found out the hard way that it most certainly does!

Jimbobby_2

stevew8975 wrote: »

No, they bid more than you did, butit depends on what the listing price was showing at the time the snipe came in. If it was showing £6 or £7, then £8.03 would not be enough to beat you, and the increment.

That don't quite make sense Steve, if it was on £6 or £7 then an £8.03 bid WOULD beat your £8 bid!

StaffsSW

erm - editted it whilst you were making your last post!! Hoped nobody would spot it...

Started to say one thing, then got distracted. (by an idiot ASQ as it happens!)

Jimbobby_2

stevew8975 wrote: »

erm - editted it whilst you were making your last post!! Hoped nobody would spot it...

Started to say one thing, then got distracted. (by an idiot ASQ as it happens!)

Let me guess. "Hi, I'm from San Fransisco, California, will that rug match my sofa?" :rotfl: