auto bid question

[drjconley]

with the auto bid box checked will gl automatically increase your bid the minimum amount until the bid reaches your max. i just didnt want to put in a high bid figure and check the auto bid box then find out i instantly went to my max.
thank you
jim

m62a2

 

[TyJustice]

GL will not automatically increase the bid on your item to your max bid. They will take it up to the next bidding amount in there set progression as another bidder bids against you.

 

[Firefighter294]

I believe this to be correct.
On auto bid you put in your "max amount"
As others bid, the software automagicly ups your bid by the next increment. Increments vary, depending on what the bid is up to .. there is a table in the FAQ the tells you what the increment is.
Check out this part of the help FAQ on GLhttp://www.govliquidation.com/help/details.html#q_64 for the official words.

http://www.govliquidation.com/help/details.html#q_64

Regards,
Rick

 

[Nonotagain]

GL's auto bid function will increase your bid so that you only bid in increments that out bid the other bidder. The higher the price, the higher the steps in the bid are.

EBay’s auto bid allows for you to always be the highest bidder requiring the new bidder to top your bid, not you having to top theirs.

I recently won an item that someone with 10 minutes left before auction close dinged my item, just once, but cost me another $200 from what my standing bid was to having to top their dinged bid was.

I usually just lock in my auto bid as soon as the auction opens and check back an hour or so before auction close. If someone wants to pay more than what I think an item is worth, more power to them, just some items are too nice to let go to someone else.