Bidding Question.

[Maisatomai]

Hi, the current bid of an item I wanted is $170. As the item is quite expensive, I expect the price to soar to >$600. I was wondering if I put in a bid of $600 in Gixen.com and no one actually bidded for this item, will I get it for $180 or $600?

[mario]

$180, unless if multiple item auction, in which case the calculation is more complicated.

[mario]

To be more correct, it's the current high bid + bid increment, so in this case it would be 172.50.

[juangrande]

Actually, it is slightly more complicated than that. Here are the the possibilities:

1. If $170 is the opening bid and nobody else bids, you will win it for $170.

2. If someone bid exactly $170 and that is the current bid and nobody else bids, then you will win it for $172.50, as Mario indicated.

3. If someone else bid more than $170 and the current bid is $170, then there is no way to know ahead of time what you would win it for if nobody else bid. The winning bidder could have bid $600, for example, in which case you would lose and he would win for $600.

See eBay's bidding help page at

http://pages.ebay.com/help/buy/aboutbidding.html
_________________
John

If you don't know where you are going, you will wind up somewhere else.
--- Yogi Berra

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