What do you do if a buyer has met your reserve bid on Ebay?

Question:
I have a listed a car for sale on EBay and my reserve price has been met, however I still have a couple of days left for the listing to run, can I leave it on or do I have to take the reserve price now? Will EBay let me know how to contact the buyer or visa versa, and will this be done at the end of time I listed the car? Serious answers only please.

Answers:

Aftermarket charge.?

The reserve is the secret minimum bid that you will take for the car. I would leave it on there cuz there may be someone else who will bid more. I could never really fathom the meaning of a reserve bid. Ebay could have had it where the bidding starts at a certain price. But who knows.

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You set your reserve price say at $2999. There may be bidding and if they do not meet the reserve price when the the auction ends then no one WINS the item. That is one purpose of a reserve price, where the highest bidder may not win.

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No if someone bids $3100. He has met the reserve price. He wins ONLY if no one outbids him by the time the auctions ends.

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SO hang in there. Make sure you use paypal. You pay a slight percentage but at least your money will be there versus someone having to send you a check. All make sure that you state that the car is sold "as is." Or send the winner an email and restate it and save the email you send though.

What will my APR be?

Is your choice, can let it finish up, and maybe get more money for it. Or click on the bidding list, and click on that top bidder, and there should be a button on his/her screen to allow you to contact them. Then you also have the option to close out the auction if your ready to sell it to him/her. Hope this helps some. Good luck.

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Leave it on ebay and allow the auction to run it's length.You may get a lot more money for your car towards the auctions end from bidding wars,and snipers.

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The reserve is just the LEAST amount you were accepting for the car. So, if the reserve was never met you wouldnt have to sell your car for like $200 or whatever the price was.. You wait until the auction ends. Now you know your at least gonna get the least amount you were looking for. Now hopefully the bids will keep coming in and you will get a nice fat check.. After the Auction item is closed then you will know thru ebay to go foward.

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Let it finish, or Ebay may not honor the auction. Beside you might get more than you originally wanted.

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wait out the days. you mite get a higher bid. any questions ask eBay.
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