Reply to "Bidding and Buy It Now?"

ljcollasMember

Here's a real life example: A desired item is listed with a $100 starting bid and a $200 BIN price.

I want it but I don't want to pay more than I have to. So, I tell AS that my maximum bid is $199, with a bid enhancement of $10. Essentially, I'm betting that I'll get it for less than the BIN price, but since I don't want to lose it, I'll pay up to $10 more if there's a challenge.

Of course, someone could come along and pay the BIN price and I'm out, but that's the chance I take. It usually works out in my favor, though.

1/13/1312:38 PM

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