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Old 08-30-2016, 10:11 AM   #30
Wearever
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Quote:
Originally Posted by ApK View Post
You mis-understand. Forgetting reserves for a minute, the normal way the eBay proxy bidding system works is this: You enter the maximum price you are willing to bid. EBay will automatically bid for you only enough to make the next bid increment, and if no one else bids higher, you will not pay any more. As people bid (or if there were already higer proxy bids ready to go,) eBay will bid you up, one increment at a time until you're the higest bid or you hit your maximum. No one ever pays more than one increment higher than the next highest bidder.

What that aricle says is, if there is a reserve, and your Max bid meets or exceeds it, your bid will jump HIGHER than it other wise would, all the way up to the reserve price, then the auction proceeds as any normal, non-reserve auction.
Your right, I didn't know Max Bid they showed was not the actual last bid.
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