How Does Winning Bid Work? Is it my max AS price or just enough to win?

rudeMember

Hi,

I need to know what will be the final amount i pay for an auction if i win.

Do i pay my maximum bid price that i have entered with AS, or does it automatically take it down to the lowest price necessary to win the auction.

For example. A shirt is selling for £50, my max AS bid is £100 but at the close of auction the next higest bid is still £50. Do i pay £100, or does AS mean i pay the next winning bid increment (i.e. £2), so i pay £52 to win?

Can some one help please.

Thanks

Dan.

5/4/062:07 AM

Original Post

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