e-bay - Page 4

Troy F · #31 05-31-2005, 03:10 AM

No, I found a used one in the Buy and Sell for $575 . Where did you find one for under $500?

whaase · #32 05-31-2005, 03:13 AM

http://www.cameracanada.com/eNet-car...kt=&brand=&pr=

Just scroll down a bit.

Walter

whaase · #33 05-31-2005, 03:19 AM

London Drugs has them for $449 aswell.
Vision $418 w/free printer

Walter

Troy F · #34 05-31-2005, 03:46 AM

Well what the ---- is it $575 in the buyandsell for?

Looks like a good camera judging by the rating at www.dpreview.com

Visions you say

.

Might have to go check that out.

whaase · #35 05-31-2005, 04:11 AM

I think I'll get mine when I head up to Edmonton tommorow.

Walter

Samw · #36 05-31-2005, 07:49 AM

Quote:

Originally Posted by whaase

But, he could not have done that earlier in the auction. I had the highest bid up until the last 10-20 minuts or so...

I guess my question is still, how can you have a penny bid when the increments are $10? Does ebay allow you to do this aslong as you bid the minimum $10? Not that it really matters, I'm just curious now.. maybe I could win using this!

Walter

Quote:

Originally Posted by Fish

Congrats on the second chance offer. The reason that he beat you by .11 is because earlier on in the auction he set his max bid at 450.11 (probably counting on the fact that a competitor would only go to 450). When the auction ended and his bid was higher than yours, how much higher? .11. So that's how much he was expected to pay.

- Chad

Increments are used when maximum bids have not been reached yet. Let's say bidding starts at $250. At $250, the increments are $5. Let's say your max bid was $400. Well, the current bid would then be $250 (your bid is the first bid).

Now, let's say John also wants the camera. His minimum bid would have to be $255 (EBAY will not let him bid a lessor amount such as $250.11 because the increment is $5). So let's say John places his maximum bid at $255 (which happens to be the minimum that EBAY allows). But you already have a bid of $255 so the highest bid now is $255 for you.

Now Jane comes along and also wants that camera and she puts in a maximum bid of $401.16. Well, $401.16 beats your 400 so she gets it for $401.16.

Its a little confusing but the increments are used only when the maximum bids of a bidder has not been reached yet. Once the maximum bid has been reached, you can beat the bid by 1 penny and win.

So hopefully, this example shows when the increment is used and when it is not used. You can read more in the link below:

http://pages.ebay.ca/help/buy/bid-increments.html

In your auction, had your maximum bid have been $450.11, you would have won by a penny even though the increment was $5 (according to Ebay's chart).