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I've not had the problem with "crazy bidders" while buying model trains on eBay, though I have had it with photographic equipment - picked up a "spares or repairs" camera a few days ago, placed my bid with about 1min to go and saw other bidders pu***he price up by £5 or so - I won though, got something of a bargain assuming it's easy to fix. <br /> <br />I have noticed that bidding early tends to drive the price up - people seem to see the large number of bids, then think the item is particularly desirable. Certainly it's not a good idea to "show your hand" by bidding early, as this tends to result in bidding wars - wait until about 1min to go, then bid. <br /> <br />I usually use the "wait until last minute then bid as much as I'm prepared to pay" technique and tend to win some, lose some. I find it's the most effective approach over here - most auctions end at between 6 and 11pm on eBay UK so time isn't a problem. If the auction ends at 3am I'll usually stay up as long as possible and then bid before going to bed!
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