I have an EBay Question.

[DawnCt1]

I am bidding on an item I have found on Ebay. It's the first time we have bid. Its an automotive part that I would really like to buy, so it isn't "optional". If I don't get it on Ebay I will have to pay retail for it. Right now we are the highest bidder but we haven't met the "reserve" yet. Should we raise our bid price until we "hit" the reserve. If it goes up too far, I would just as soon pay retail with a discount. Thanks,

 

[Obi-Wan Pinobi]

Does the seller say in the auction what the reserve is? If the reserve is less than retail minus discount, then go for it.

Or if they don't say what the reserve is, you could place as your max bid how much you would pay retail minus discount (and minus their shipping charge). If that doesn't meet the reserve, then pass.

 

[DawnCt1]

He doesn't say what the reserve is. I am thinking of just raising the bid, as you say, to what is reasonable for the item. If I don't hit the reserve, he probably won't sell it, is that correct?