Reply to "Newbie question"

Steve (Guest)

Excellent answer, Melanthe. I would add only that no matter how much your max-max bid is, eBay will only register the amount needed to win. If the item closes at $10 and your max-max bid is $100, you only pay the $10, not the whole $100. In that context, I always advise setting a bid amount which is the absolute most you are willing to pay for an item. If you lose to a higher bid, you have the consolation of knowing that the other bidder paid more than you were willing to pay.

And no matter how badly you want something on eBay, let it go if it's too expensive. Another one just like it WILL come around again later.

2/27/021:52 PM

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