Bidding Types and Bidding Information

• Regular Bids: Auctions Only
  A Regular Bid is a standard in auction bidding. The amount that you place into this field will be the amount of the bid that you are making. The necessity of having to continually update your bid is a drawback to this type of a bid.
  
  
• Auto Bids: Auctions Only
  The Auto Bid takes advantage of the computer in the On-line auction environment. By bidding as much as you want to spend and using a auto bid, your bid will automatically advance the bidding if someone bids more than the current bid and less than your Auto Bid. Auto Bids will also automatically advance the bidding to the level of the reserve or your maximum Auto bid, whichever is lower.
  
  
• Reserve Bid: Auctions Only
  When a Retail Dealer sets a Reserve Bid amount they are stating that this value, which is not disclosed to the bidders, except to announce whether the Reserve Bid has been met, is the lowest bid that they will accept as a successful auction. This allows the Retail Dealer to set a minimum amount that they will sell the item for. Retail Dealers should be aware that setting Reserve Bid pricing to high will result in the item not selling.
  
  
• Immediate Purchase: Auctions with Immediate Purchase and/or Immediate Purchase only.
  The Immediate Purchase Price is set by the Retail Dealer at the amount he/she is willing to sell their product outright. When an item is purchased outright using Immediate Purchase, the bidding process is bypassed if included as an auction option. If there is only one item being auctioned the auction will be closed immediately. When there are multiple items being auctioned , the quantity is reduced until there are no items left then the auction closed. The number of the Immediate Purchase items purchased is shown next to the number of bids on auction details page.