Quote:
Originally Posted by Got the Bug
I disagree. The listing does not show a reserve price. I've bought a bunch of stuff on eBay. If I enter the "buy it now" price, it's mine. There's no reserve in this auction.
In some auctions, they'll list the starting bid at a lower price than the "buy it now" price. For some reason, they listed the starting bid the same as the "buy it now" price.
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I meant in general, not particularly this auction. Obivously in this auction, it makes no sense how they listed it. If the opening bid is the same as the buy it now price, it should just be a fixed price auction with no bidding.
But on other auctions, if say the opening bid is $15 and the BIN is $20 (and there is no reserve), if someone bids $15 the BIN disappears. Now say the opening bid is $15, the BIN is $20, and there is an $18 reserve, the BIN will stay there till someone bids over $18.
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Sal Mennella
CSX 4241, KMP 357 - sold and missed, CSX 4819 - cancelled, FFR 5132 - sold
See my car at CSXinfo.net here >> CSX 4241