bid late is good advice but one guide I use is to set your maximum
price that you are willing to pay and never bid above that - remember
this is not a competition and often, when you do the sums, the
"winners" are losers.
Once I pick the item I'm interested in I will generally hold off
until the last couple of days of bidding and then put one single bid
in for my maximum price then hold tight and wait till the end of
bidding to see if I won or lost the item.
I never have a problem with people bidding what may seem large sums
on unique, rare or collectable items - each to their own (I my self
have payed what may seem "silly money" on couple of items but, for
example, one was a serial number 7 of 10 original prototype run
Aria SB bass for artist promotional use only - I'd wanted to own one
for some 20 years and to get the rarest of the rare of this model was
worth the extra money to me ) But to see people bid close to or even
above full list price on used IT equipment is quite bizarre when
there is no shortage of online pricing information they could source
to guide them in setting a bid level.
Go to the eBay completed items sold and see what similar models have ended
up at, watch the postage cost as well when you are bidding, it could be as
much as an extra $50 on top if not local pickup. Don't bid too early as you
may push the price up. Happy bidding, Rick.
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