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Old 11-11-2011, 12:27 AM   #1
BucksPA
 
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So i won a nikon digital camera at work and i didnt like it. It was a crappy digital camera in my eyes. Anyway, I put the starting bid at $75 (to guarantee myself a minimum) and also put a $99 Buy It Now option on there to just unload it if someone wanted to purchase it asap. Fine with me. Well these two idiots found themselves in a bidding war and it sold for $112. The instant bidding went over $99, the buy it now option was removed by ebay.

hahahahaha, seriously the worst bidding i have ever seen
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Old 11-11-2011, 01:17 AM   #2
Hang Glider
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as long as it went below retail (if new), somebody got a deal (in their eyes).

what model? what does it sell for new on Amazon?

 
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Old 11-11-2011, 01:23 AM   #3
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no i understand what you're saying, but instead of trying to outbid each other, how about one of them just clicked on the Buy It Now button for $99. yeah it's undervalued, but they overpaid me because I was willing to let it go for $99
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Old 11-11-2011, 01:37 AM   #4
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As a teen ager I worked at an auction house. Junk usually. Something dumb as empty buckets. No bidders for 50 cents a piece. But we sold around 75 of them for 2 for 1.25..... What you described is the reason that auctions and auctioneers exist.

 
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Old 11-11-2011, 03:07 AM   #5
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After the first bid the buy it now option goes away, someone tried to get it under your buy it now price and got outbidded more than likely.
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Old 11-11-2011, 12:55 PM   #6
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^ this.

yes, I understood that they overpaid the buy it now price, and could have gotten a better deal. But once you enter it as a bid...it's too late.

that's the thing with e-Bay.

The way I work it is that I determine what the item is worth (research), then determine my top dollar that I'm willing to pay for it. If the buy-it-now is lower, I'll get it. If the buy-it-now is higher, no sale.

If there is no buy-it-now option, I set my high point as my bid price. If it goes to someone else for more, good for them. The trick in this method is WHEN to set that point...

 
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