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    how does the max bid work

    0  Views: 670 Answers: 1 Posted: 14 years ago

    1 Answer

    Im assuming you mean on ebay. 


    When you place a bid you want to be the lowest bidder, But you cant always wait around to see what the bids are going to be. When you use the max bid you decide the maximum amount you are willing to spend. Then ebay will keep bidding the minimum amount to win the bid. If someone bids higher than your maximum amount then the other person wins the bid. They will only go as high as your maximum  bid states. You can raise your maximum bid any time you want as long as the auction is still open.


     



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