eBay bid retractions.
Discussion
I normally using sniping software for this very reason however a car I've been watching was recently relisted, it's been listed once before. It was on a 4 or 5 day auction and I stuck a bid on, almost immediately I was outbid and didn't think much of it.
Roll on a few days and with 1 day and 1 hrs remaining said bid was retracted leaving my max bid as the highest bidder. I think I'm right in saying you can't retract bids with less than 24 hours to go.
I'm still the highest bidder and the price, assuming the description is accurate is fair however I'm tempted if I do win the auction to offer to pay the next lowest bid +£100, I'm certainly not wedded to the purchase.
I'm not sure if I can retract my bid within 24 hours due to the above, not sure why eBay hides bidders identities as shill bidding would be easy to spot then.
Roll on a few days and with 1 day and 1 hrs remaining said bid was retracted leaving my max bid as the highest bidder. I think I'm right in saying you can't retract bids with less than 24 hours to go.
I'm still the highest bidder and the price, assuming the description is accurate is fair however I'm tempted if I do win the auction to offer to pay the next lowest bid +£100, I'm certainly not wedded to the purchase.
I'm not sure if I can retract my bid within 24 hours due to the above, not sure why eBay hides bidders identities as shill bidding would be easy to spot then.
boyse7en said:
Didn't you bid what you thought it was worth? Even if the guy "ahead" of you was a shill bidder and that's why he retracted his bid, it won't have made any difference to your bid.
The difference between my bid and the next genuine bid is £1000, so it does make a difference it makes £900 difference. Joey Deacon said:
The only way to sell a car on eBay is via a classified ad, and the car is not sold until you have someone in front of you handing over the money. Selling a car via auction or buy it now is a complete waste of time as invariably the person will not make contact, or pull out with some pathetic excuse the night before.
There is no penalty for a buyer to back out so I wouldn't worry in the slightest, if you don't want the car then just tell the seller.
Yes I know car auctions are not binding. Think I'll stick to Gixen in future. There is no penalty for a buyer to back out so I wouldn't worry in the slightest, if you don't want the car then just tell the seller.
shtu said:
ChocolateFrog said:
I think I'm right in saying you can't retract bids with less than 24 hours to go.
https://www.ebay.co.uk/help/buying/bidding/retracting-bid?id=4013•If there are 12 hours or more left before the listing ends, all of your bids can be retracted
Pull your bids, set up a snipe. Now.
ETA - Sounds like "the other bidder" also thinks it's a 24 hour-in-advance lockin. Do you want to buy from someone who's happy pulling these stunts?
Edited by shtu on Thursday 27th February 15:13
grudas said:
when you bid you commit to buy at that price so you can stick with it or waste the sellers time if/when you win.
Not technically true with car auctions. There's certainly nothing legally binding. That said I wouldn't knowingly mess someone around and have bought plenty of cars sight unseen Gassing Station | Car Buying | Top of Page | What's New | My Stuff