View Single Post
  #25  
Old 27th December 2020, 11:36
Lucky@LeMans Lucky@LeMans is offline
Senior Member
 
Join Date: Aug 2012
Posts: 1,777
Lucky@LeMans is on a distinguished road
Default

Quote:
Originally Posted by Mister Towed View Post
Little tip with ebay auctions: decide what the maximum you'd be prepared to pay would be, then, if the item hasn't been bid above that when it's about to end, submit your highest bid with five seconds remaining.

If you get outbid then it's gone for more than you would have wanted to pay, but if you are the high bidder at that point it doesn't allow anyone else to think 'hmm, I think I could go higher to win that'.

Apparently you can get software that automatically enters your high bid as the auction ends, but I think it's far more exciting doing it manually at the last second.
I did exactly that at 7 seconds remaining. The price went from 375 to 501, my high bid but it changed right away to 510 with 1 second left !
Reply With Quote