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Tractor Talk Discussion Forum

Re: E-bay last second bid jump

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Dave Sherburne NY

12-26-2012 12:54:25

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There are still people who think Ebay is like a regular auction where one person bids and another raises the bid back and forth. That's why people wait til the last minute to bid. If you bid like a regular auction and you think you have it for a low price but willing to bid more, when it gets down to the last second you lose because you don't get another chance. There are websites that extend the time to bid if there is a bid made in the last few minutes.

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Traditional Farmer

12-26-2012 14:01:02

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 Re: E-bay last second bid jump in reply to Dave Sherburne NY, 12-26-2012 12:54:25  
Partly true but I wait until the last few seconds to put in my maximum bid so as to not 'show my hand' ahead of time.Sometimes other bidders can be lulled into thinking an item will bring far less than it will by a couple low ball bids a day or two out.Say I'm willing to go $500 Max on an item I might hit it a couple times at a $10 over the last bid just ot look like I'm getting close to my maximum even if its only a $100 but my last bid in the final seconds will be a little over $500 of course if someone else does the same thing and will go $600 I'm and thats fine.Just make sure your final bid is the absolute maximum you want to pay not just how much you think it might bring jusging by the bids already made.

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