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Request for Info re Healeys on eBay

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Re: anyone knows ??

I don't think this has anything to do with scammers. The first (red one) is at 6k with two days to go and the reserve is not met. The second started at $100.00 and has moved to 2k. The auction has 6 days left and the reserved has not been met.
 
Hi Soren,
The first car (red) has a Ford 2.3 L four engine in it & the transmission appears to be "other" also. Don't have an opinion on the second one, but the price is so low that there is very likely something seriously wrong with the deal.
D
 
The second one's up to 8K with 5 days left. It will probably go higher, doesn't seem a scam, just bids slowly building up. The reserve should show whether the seller wants realistic money for the car. It doesn't matter where the bidding starts... its where it ends that counts.
 
The real action on ebay happens at the end of the bidding, so the prices early on don't mean much. Serious people tend to snipe (bid at the very last second).
 
Sniping is a little tricky. If there's something I want I tend to use the facility that lets me define a maximum and automatically bids for me. This keeps me from getting involved in a bidding war and forces me to think about how much I really want something and its real value to me. This lets me decide what I want and how much I'll pay and then not bother with constantly monitoring bids.

If I'm outbid its not then an emotional problem- I've enough of those otherwise.... /ubbthreads/images/graemlins/confused.gif

The interesting thing is that it hasn't yet broken the reserve so the seller probably has put a realistic estimate on what they want for it. An automatic bid would have "jumped" to the reserve if one had been set- or so I understand the procedure's workings.
 
[ QUOTE ]
... An automatic bid would have "jumped" to the reserve if one had been set- or so I understand the procedure's workings.

[/ QUOTE ]

No James, automatic bids only jump some cents, a dollar or a few dollar (depending on how high the bid is already) over the last bidder's max bid. Nothing to do with the reserve.
 
If the reserve has not yet been met, and a new bid comes in that meets the reserve, it will jump to the reserve even if the increment would otherwise have been lower. But then, everyone else knows the reserve too, and can use the bid to determine how much they are willing to pay.
 
[ QUOTE ]
No James, automatic bids only jump some cents, a dollar or a few dollar (depending on how high the bid is already) over the last bidder's max bid. Nothing to do with the reserve.

[/ QUOTE ]

This doesn't seem right, and I went back and looked:

https://pages.ebay.com/help/buy/bid-increments.html

"A bid increment will go higher than the standard increment in two situations:
· To meet the reserve amount
· To beat a competing bidder's high bid"

I've used this process and seen it keep my bids ahead of the competition, even those that sit back and snipe at the last minute.

I just wasn't entirely sure about the jumping to the reserve though it does apparently work as I supposed.

In the past when my automatic bid was less than the reserve it simply outbid the competition and didn't jump to the maximum. I presume that was to protect me from someone that might set a very hgih reserve and then lower it to snare bids at their highest price.
 
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