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Alright, I'm bidding on an item and it says I haven't reached the reserve price. But is that calculated by how much you bid or the current price of the item. Just wondering because the current price & 'reserve not reached' writing is in the same colour which usually means there connected.
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In fact, as far as I know, if you put in any maximum bid that's belwo the reserve, ti should automically make the next minimum bid more than your maximum, so if you put in 20 and the reserve is 30, the current price will go to 20, and the next minimum bid will be 21 or whatever.
Your Honour wrote:
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid, but due to low interest it only goes up to, say, 8 quid (still
> with me?) then you won't be able to buy it. Unless you and the seller
> come to an arrangement.
That's what I thought. Hmm, doesn't look like anyone else wants an electric chopper.
[EDIT]
munn wrote:
So if you put in 50 quid, the current price is 5 quid and the reserve is 30 quid, then it'll automatically go to 30 quid.
So, it's still on a low price cos I haven't put in a high enough bid?
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid, but due to low interest it only goes up to, say, 8 quid (still
> with me?) then you won't be able to buy it. Unless you and the seller
> come to an arrangement.
That's what I thought. Hmm, doesn't look like anyone else wants an electric chopper.
[EDIT]
munn wrote:
So if you put in 50 quid, the current price is 5 quid and the reserve is 30 quid, then it'll automatically go to 30 quid.
So, it's still on a low price cos I haven't put in a high enough bid?
Your Honour wrote:
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid.
If you do that it'll snap to the reserve price.
Edit: As munn just said.
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid.
If you do that it'll snap to the reserve price.
Edit: As munn just said.
Your Honour wrote:
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid, but due to low interest it only goes up to, say, 8 quid (still
> with me?) then you won't be able to buy it. Unless you and the seller
> come to an arrangement.
Eh?
If you put in your highest bid, and it's above the reserve, then it automatically goes up to the reserve.
So if you put in 50 quid, the current price is 5 quid and the reserve is 30 quid, then it'll automatically go to 30 quid.
> It's current price.
>
> If the reserve is £10, and you put in £11 as your highest
> bid, but due to low interest it only goes up to, say, 8 quid (still
> with me?) then you won't be able to buy it. Unless you and the seller
> come to an arrangement.
Eh?
If you put in your highest bid, and it's above the reserve, then it automatically goes up to the reserve.
So if you put in 50 quid, the current price is 5 quid and the reserve is 30 quid, then it'll automatically go to 30 quid.
I don't get what you mean.
Reserve benchmark?
Reserve benchmark?
It's current price.
If the reserve is £10, and you put in £11 as your highest bid, but due to low interest it only goes up to, say, 8 quid (still with me?) then you won't be able to buy it. Unless you and the seller come to an arrangement.
If the reserve is £10, and you put in £11 as your highest bid, but due to low interest it only goes up to, say, 8 quid (still with me?) then you won't be able to buy it. Unless you and the seller come to an arrangement.
Your Honour wrote:
> The reserve price is set by the seller.
>
> It is the lowest price that they are prepared to sell the item for.
> You don't get to see it.
Thanks but I did grasp that. I was asking if the reserve benchmark is compared to
a) the current price (ie: it's only 99p due to low interest)
b) the amount I bid (ie: £10)
> The reserve price is set by the seller.
>
> It is the lowest price that they are prepared to sell the item for.
> You don't get to see it.
Thanks but I did grasp that. I was asking if the reserve benchmark is compared to
a) the current price (ie: it's only 99p due to low interest)
b) the amount I bid (ie: £10)
The reserve price is set by the seller.
It is the lowest price that they are prepared to sell the item for. You don't get to see it.
It is the lowest price that they are prepared to sell the item for. You don't get to see it.
Alright, I'm bidding on an item and it says I haven't reached the reserve price. But is that calculated by how much you bid or the current price of the item. Just wondering because the current price & 'reserve not reached' writing is in the same colour which usually means there connected.
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