Granted I don't know how Ebay really works because I view it as a scam.. but
Looking at the bids it appears like one person bid against himself running the price up from bid#6 to bid # 12.. Then one bit later raised it again...
Anyone care to share the process to with me.
edit..... unless he/she was fishing for the minimum bid price if that is not disclosed during the bidding..
http://offer.ebay.com/ebaymotors/ws...s&_trksid=p4340.l2565&rt=nc&item=160699795034
That would be a reason - to try see what the reserve price is, but what happens is you place a bid at the highest amount you're willing to pay, and as long your maximum bid is more, your bid matches, but takes precedence over any new bids.
Current high bid: $22,000 and the bid increment is $1000 so you must bid a minimum of $23,000
Reserve not met.
You bid: $27,000 (what you're willing to pay)
Reserve not met.
Current high bid is: $23,000 and you're the high bidder
Reserve not met.
Punter bids the next bid of $24,000,
your bid automatically gets placed for $24,000
Current high bid is: $24,000 and
you're still the high bidder
Reserve not met.
In the bid history "you bid against yourself" but you didn't. You bid to match the other guy.
Reserve not met = Means that the auction will not be concluded and they don't have to sell it to the high bidder.