Buy now price

If during the auction the price reaches the buy now do you have to sell or can you let the auction continue until the end date and time?

Accepted Solutions (1)

Accepted Solutions (1)

Is this relating to your casio digital piano you have listed?

 

Then as you can see,  your Buy it Now price has disappeared,  it cannot be used now.   After the first bid is placed,  the sale has to run on  in auction style in fairness to the other bidder(s).

 

It will sell for the highest bid placed,  at the end of the sale,  which ends in just over 2 days time.

Answers (2)

Answers (2)

red_magpie
Experienced Mentor

If a buyer uses the buy now option, then yes, you have to sell it to them for that price.

 

If you're not sure you want to sell if for that price you shouldn't offer buyers this option.

 

Buy now prices are a bit of a nonsense anyway, because as soon as any bid is placed, however low, the buy now price disappears. It's hard to see what purpose it serves, except to net another 50p in fees for eBay.

 

If you don't want to sell below a particular price, the best and cheapest way to do this is to start the auction at the lowest price you would accept.

redwick1
Experienced Mentor

You let the auction run until the end

 

If it has reached the buy it now price then you are lucky and your item may sell for more than you would have accepted

Once the auction ends it will come off to the highest bidders

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