Yet another example of eBay going nuts!

[tedtedderson]

richhotrain

 How often have I seen auctions or won auctions where the competition gives up when another bid will only cost him 50 cents or one dollar?

Rich

 

I thought it was possible to set your bidding up where the eBay machine will outbid the highest bid for you by a set amount until the price reaches a certain level. 

All the winning price tells you is that the loser had his certain level under the winning bid by the amount of the winner's set outbid amount. 

I've entered bids and immediately get a message that I was outbid. 

Get up from a slot machine, next person sits down and wins the jackpot.  Shoulda put in just one more dollar! 

Now,  the penny auctions are where it's at! That'll toss you around and upside down till all the pennies fall out of your pocket. 

But I digress-

It seems like vehicles are few and far between in ho. Almost like you gotta snatch em up when available. 

Maybe I'm wrong. This may all be proven to be conjecture. 

T e d

[vsmith]

Well this is why I NEVER use the proxy automatic bidder service. It will continue to bid away until the auction ends or it reaches the max bid. Looks like one guys max was just a tad higher than the others ;-)

[richhotrain]

tedtedderson

 

 

richhotrain

 How often have I seen auctions or won auctions where the competition gives up when another bid will only cost him 50 cents or one dollar?

Rich

 

 

 

 

I thought it was possible to set your bidding up where the eBay machine will outbid the highest bid for you by a set amount until the price reaches a certain level. 

All the winning price tells you is that the loser had his certain level under the winning bid by the amount of the winner's set outbid amount. 

I've entered bids and immediately get a message that I was outbid. 

Get up from a slot machine, next person sits down and wins the jackpot. Shoulda put in just one more dollar! 

Well, there you have it.  The auction ended with 11 bids, and the winning bid was for $65.  No bids occurred on the final day of the auction, so hardly a bidding war.  Absent was the last minute flurry of bids.  The second place bidder fell $1.00 short.

Now I am not suggesting that the second place bidder could have won by bidding another two dollars before the end of the auction.  For all we know, the winning bidder may have had a silent reserve up to $75 or even $100 to prevent last second bids from winning the auction.

Rich

 

[BRAKIE]

richhotrain

The auction ended with 11 bids, and the winning bid was for $65. No bids occurred on the final day of the auction, so hardly a bidding war.

I suspect it was a bidding war that died out before the auction ended-set your highest bid and walk away or the lowest bidder got cold feet? At any rate $65.00 is a high price for a truck that can still be found if one looks around at train shows.

[richhotrain]

BRAKIE

 

 

richhotrain

The auction ended with 11 bids, and the winning bid was for $65. No bids occurred on the final day of the auction, so hardly a bidding war.

 

 

I suspect it was a bidding war that died out before the auction ended-set your highest bid and walk away or the lowest bidder got cold feet? At any rate $65.00 is a high price for a truck that can still be found if one looks around at train shows.

 

Yeah, Larry, you may be right.

Here is an analysis of the later bids after the initial opening of the auction.

c**6 bid $18.00 to take the lead but was willing to go $24.00

s**d was willing to go $29.99 but only needed $25.00 to take the lead

d**5 was willing to go $41.50 but only needed $30.99 to take the lead

s**d was now willing to go $56.99 but only needed $42.50 to take the lead

d**5 was now willing to go $63.00 but only needed $57.99 to take the lead

s**d was finally willing to go $64.00 to take the lead

who knows how high d**5 was finally willing to go but only needed $65.00 to win

[BRAKIE]

Rich,That sounds like they kept upping their automatic bids..I set mine at the price I'm willing to pay and then I wait and see if I win if not,all well.

I have found some items that had cheaper  BIN prices then some of the going current (at that time) bids.

I still don't get the mind set of bidders on e-Bay or at estate auctions they must win regardless of cost.

 

[richhotrain]

BRAKIE

I still don't get the mind set of bidders on e-Bay or at estate auctions they must win regardless of cost.

There may be some bidders out there who want to win at any cost because they are overly competitive.   But, more likely, someone is willing to win at any cost because he simply wants the item............badly.

Rich