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Message says I bid under asking price???

 
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kuanyin
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PostPosted: Wed Jul 09, 2014 3:24 pm    Post subject: Message says I bid under asking price??? Reply with quote

I'm not good at math, but I think a bid of 293.88 should beat the asking price and winning bid of 290.00?! I have the mirror service too, very bummed out right now. Crying or Very sad
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mario
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Joined: 03 Oct 2006
Posts: 7241

PostPosted: Wed Jul 09, 2014 3:29 pm    Post subject: Reply with quote

You haven't specified the item id, but I assume that the reason why you lost is ebay bid increments. It's *not* enough that your bid is higher than the winning bid, it has to be higher for a certain bid increment. In that price range that increment is $5.

See http://pages.ebay.com/help/buy/bid-increments.html
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kuanyin
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PostPosted: Wed Jul 09, 2014 5:46 pm    Post subject: Reply with quote

mario wrote:
You haven't specified the item id, but I assume that the reason why you lost is ebay bid increments. It's *not* enough that your bid is higher than the winning bid, it has to be higher for a certain bid increment. In that price range that increment is $5.



Shocked Wow, I knew about increments, but I had no idea it would be that high at that price. I thought 3.88 would cover it. I am even more bummed now.
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Cupid



Joined: 09 Aug 2007
Posts: 7923
Location: Bristol, UK

PostPosted: Thu Jul 10, 2014 1:37 am    Post subject: Reply with quote

Though you may not be happy, you must concede that it is Ebay with which you have a quarrel and Gixen did exactly what it was supposed to do and as much was possible under the conditions.

The Gixen status values are generally well chosen, this one was 'BID UNDER ASKING PRICE' it was not 'BID UNDER AUCTION PRICE' precisely because the situation that occurred on your auction is quite common.
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PostPosted: Thu Jul 10, 2014 1:37 am    Post subject:

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anniesdollys
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PostPosted: Fri Apr 10, 2015 12:47 am    Post subject: won by 1 cent Reply with quote

$293.88 would have won if your bid had gone in first, a good reason not to snipe too close to the end of the auction.. I won this one by 1 cent! My bid went in at 6 seconds, and the underbidder at 3 seconds. Thanks Mario!
Member Id: r***o( 709Feedback score is 500 to 999) US $139.99
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Member Id: r***o( 709Feedback score is 500 to 999) US $139.99
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Member Id: e***e( 599Feedback score is 500 to 999) US $139.98
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Member Id: u***s( 776Feedback score is 500 to 999) US $79.99
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Member Id: e***b( 1022Feedback score is 1000 to 4,999) US $55.00
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Member Id: e***b( 1022Feedback score is 1000 to 4,999) US $55.00
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Member Id: e***e( 599Feedback score is 500 to 999) US $47.99
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Ramona
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PostPosted: Fri Apr 10, 2015 1:56 am    Post subject: Reply with quote

kuanyin wrote:
Shocked Wow, I knew about increments, but I had no idea it would be that high at that price. I thought 3.88 would cover it. I am even more bummed now.

Don't understand why you are "bummed".

When you snipe an auction, you must do it at the highest price you would be happy to pay for the item. If you sniped at $293.88, I would assume that it was because you would not have been willing/happy to have bought the item at $293.89. If you would have been willing/happy to pay $293.89 (or more), then why did you set your snipe as low as $293.88?
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