How does ebay bidding work, highest bidder etc ?
 

I won an ebay auction earlier, my highest bid was £149.98 which i placed with seconds to go and thats the amount i paid when i won the auction.

I looked at the bid history after the auction had ended and the next highest bidder was £141.40, i thought when you outbid someone it only goes a few pence over the highest bidder and not a gap like £8.58p.

How exactly does the bidding work on ebay, ive won ebay auctions in the past where ive put a higher amount in and out bid someone near the end yet ive paid far less than my highest bid when the auction was over.

if its a pound it will go up ten pence 1f its £100 it will go up a tenner or close to it ;)

Yep, the most you could have paid was £151.40, so effectively anything under this is money you've "saved" but anything over £141.41 was money "wasted", because over £100 as Paul said the bidding goes up in £10 increments. It's always nice when your maximum bid is only just higher than the second-best bid, i've won things by a 2p margin before!

Not quite, according to eBay:


Current Price Bid Increment
£0.01 - £1.00 £0.05
£1.01 - £5.00 £0.20
£5.01 - £15.00 £0.50
£15.01 - £60.00 £1.00
£60.01 - £150.00 £2.00
£150.01 - £300.00 £5.00
£300.01 - £600.00 £10.00
£600.01 - £1,500.00 £20.00
£1,500.01 - £3,000.00 £50.00
£3,000.01 and up £100.00