Despite reading the FAQ and quite a few posts on this forum, I'm still confused. I'm a total newbie on eBay and AS, never have bought anything in an auction.
Therefore I have a question:
* An item on eBay starts off on $10,-
* There are some bids, causing the price to go up to $15,-
* My maximum bid is set on $50,- and AS bids that at the last second, winning me the auction.
Now the big question: do I have to pay $50 for the item, or do I pay the next increment?
I'm sure the answer is somewhere in the AS and/or eBay FAQ or something, I just can't find it.