Why do idiots bid so early on eBay?????
Why do idiots bid so early on eBay?????
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NotReallyBored

Original Poster:

138 posts

170 months

Wednesday 22nd May 2013
quotequote all
Just a general rant that i'm sure is shared.

Why is it when a car of interest get listed on eBay, does it attract bids 6 days before the end? It really gets my goat.
It's understandable some less scrupulous bidders being the vendors mates etc... But, surely are people that stupid to bid on and auction days before its end? Drives me bloody wild!

Your thoughts?

2 sMoKiN bArReLs

31,912 posts

261 months

Wednesday 22nd May 2013
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Sometimes an early bid can put others off

hedgefinder

3,418 posts

196 months

Wednesday 22nd May 2013
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because the owner has the choice to sell to the current highest bidder, so could potnetially end the auction at any time...

TheEnd

15,370 posts

214 months

Wednesday 22nd May 2013
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Wait 'til you get the people who can't understand the dynamics of sniping...

NotReallyBored

Original Poster:

138 posts

170 months

Wednesday 22nd May 2013
quotequote all
hedgefinder said:
because the owner has the choice to sell to the current highest bidder, so could potentially end the auction at any time...
Does that not prevent the vendor from selling at the highest possible price? I.e. the end of the auction?

andy-xr

13,204 posts

230 months

Wednesday 22nd May 2013
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I stick the price I think it's worth in when I'm ready to. It might be that I'm the first bidder and I win it, or get outbid. Or it might be that I'm bidder 11, and I either trump someone elses bid or get knocked out. I dont tend to bidbidbid to get to the top or use any sniping tools, there's always going to be others for sale somewhere

R26Andy

404 posts

187 months

Wednesday 22nd May 2013
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Go in early, put people off from watching and therefore reduce the number of people involved in thr bidding frenzy at the end.

2 sMoKiN bArReLs

31,912 posts

261 months

Wednesday 22nd May 2013
quotequote all
scratchchin but why would that even mildly irritate the OP?

Mr2Mike

20,143 posts

281 months

Wednesday 22nd May 2013
quotequote all
NotReallyBored said:
Just a general rant that i'm sure is shared.

Why is it when a car of interest get listed on eBay, does it attract bids 6 days before the end? It really gets my goat.
It's understandable some less scrupulous bidders being the vendors mates etc... But, surely are people that stupid to bid on and auction days before its end? Drives me bloody wild!

Your thoughts?
Exactly what difference does it make to you? I frequently put a bid on a newly listed item, just stick the max I think it's worth on and leave it. That way I don't have to use a sniping tool, or even remember when the auction is ending. If I don't win it, then that's fine as I haven't got caught in a last minute bidding war.

Lets turn the question around and ask "Why do so many idiots leave bidding to the last minute, and often pay more than the item is worth?"

andy-xr said:
I stick the price I think it's worth in when I'm ready to. It might be that I'm the first bidder and I win it, or get outbid. Or it might be that I'm bidder 11, and I either trump someone elses bid or get knocked out. I dont tend to bidbidbid to get to the top or use any sniping tools, there's always going to be others for sale somewhere
Exactly this. When I put a bid on early I often see some pleb has stacked up dozens of small bids to try and outbid me by the smallest amount before giving up in disgust. Have we found the root of the OP's angst?

Edited by Mr2Mike on Wednesday 22 May 19:42

Moose of Death

26 posts

166 months

Wednesday 22nd May 2013
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Actually, I'd rather direct your attention to WHO is doing the bidding. Look at the activity of said bidder, and you're going to likely discover that this same 'bidder' is bidding on ALL of the seller's auctions. Some of these guys have 100% of their activity with one seller, no matter what the guy is selling.

In other words...The Shill Bidder.

For example, I've been attempting to secure a set of 'upgrade' forks for my 1996 Kawasaki KDX200, haven't been able to nail anything at a 'normal' price, as bidding wars erupt between a '0' or '1' Feedback customer, and whoever is actually wanting the part in question. The shill bidder often wins, and the part is back up in a week or so, with the same 'bidder' driving up the cost again in a later auction.


NotReallyBored

Original Poster:

138 posts

170 months

Wednesday 22nd May 2013
quotequote all
Mr2Mike said:
NotReallyBored said:
Just a general rant that i'm sure is shared.

Why is it when a car of interest get listed on eBay, does it attract bids 6 days before the end? It really gets my goat.
It's understandable some less scrupulous bidders being the vendors mates etc... But, surely are people that stupid to bid on and auction days before its end? Drives me bloody wild!

Your thoughts?
Exactly what difference does it make to you? I frequently put a bid on a newly listed item, just stick the max I think it's worth on and leave it. That way I don't have to use a sniping tool, or even remember when the auction is ending. If I don't win it, then that's fine as I haven't got caught in a last minute bidding war.

Lets turn the question around and ask "Why do so many idiots leave bidding to the last minute, and often pay more than the item is worth?"
Maybe over inflated prices due to speculators bidding early on something they are clearly not that interested in buying maybe?
I'm not after a slagging match, just putting forwards a point of view.

Mr2Mike

20,143 posts

281 months

Wednesday 22nd May 2013
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NotReallyBored said:
Maybe over inflated prices due to speculators bidding early on something they are clearly not that interested in buying maybe?
I'm not after a slagging match, just putting forwards a point of view.
The fact that they have bid on it clearly means they are interested in buying it. Calling people idiots because they prefer not to leave bidding until the last few seconds is hardly a reasonable point of view.

I simply don't understand how it affects you. If you want it you have to bid more than they have, but that applies at any stage of the auction. You are perfectly free to bid early as well.

valiant

13,729 posts

186 months

Wednesday 22nd May 2013
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If I'm after something in particular I'll suss out what I'm prepared to pay and bung that in. If I win it for less then happy days.

It's very easy to get caught in 'auction fever' and keep adding an extra fiver when before you know it you're paying shop prices.

As has been said - get in early and forget about it.

Octoposse

2,385 posts

211 months

Wednesday 22nd May 2013
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If I am interested I bid as soon as I see the item so that I can keep track and bid later if it's still in budget . . . my 'watch' list is mainly stuff I just want to know the end price of.

Moose of Death

26 posts

166 months

Wednesday 22nd May 2013
quotequote all
Mr2Mike said:
The fact that they have bid on it clearly means they are interested in buying it. Calling people idiots because they prefer not to leave bidding until the last few seconds is hardly a reasonable point of view.

I simply don't understand how it affects you. If you want it you have to bid more than they have, but that applies at any stage of the auction. You are perfectly free to bid early as well.
IF they're actually trying to buy it, then by all means, they can bid on it. IF they're shill-bidding to drive up the price...well, let's just say I've had some shady dealings with the company in question.

s p a c e m a n

11,809 posts

174 months

Wednesday 22nd May 2013
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R26Andy said:
Go in early, put people off from watching and therefore reduce the number of people involved in thr bidding frenzy at the end.
This, if you know that someone already seriously wants it then most people tend to keep looking for another.

stephen300o

15,464 posts

254 months

Wednesday 22nd May 2013
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My vote goes to 'it doesn't matter'.

DKL

4,912 posts

248 months

Wednesday 22nd May 2013
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If I want a bargain I might bid and see what the situation is. If I've bid a couple of times and been automatically outbid I assume someone wants this item and is prepared to pay a decent figure so I'm not going to get at a knock down price so I stop.
Equally if I want something I may put in a good figure as top bid and hope the same works in reverse. It has in the past.
I have to say that I now would put my max bid in as a snipe with 2 secs to go!

Mr Gear

9,416 posts

216 months

Wednesday 22nd May 2013
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I just bid the price I am prepared to pay and not a penny less and then walk away.

If I win, great! I paid the price I wanted.

If I lose, great! I didn't pay more than the price I wanted.

Anyone who does anything else doesn't understand ebay.

NotReallyBored

Original Poster:

138 posts

170 months

Wednesday 22nd May 2013
quotequote all
stephen300o said:
My vote goes to 'it doesn't matter'.
I'm starting to think the same. I didn't think for one minute i'd get flak for sharing my thoughts.

My personal outlook is that the listing length acts as an advert, where questions can be put to the vendor, just like kicking tyres at a car auction. The final day would where I would expect valid bids to be made, obviously that would be a perfect world and in reality it does not happen. I never personally bidbidbid as some do, nor do I snipe or bid early in hope my 99p (as it only shows what the highest value over the last bid was) will put buyers off. I bid in the last five minutes of what I value my maximum would be, unless it is over-inflated beyond a reasonable price. I apologise to those I have offended, but am not going to shift on my view.
Let's face it, we have all seen a car with a start price of 99p reach a few grand with days left to go.