Buying on eBay: 5 Strategies and Tips - dummies

Buying on eBay: 5 Strategies and Tips

By Marsha Collier

Part of eBay For Dummies Cheat Sheet

You can find some great stuff on eBay. If you’re thinking about buying something on eBay, use these tips to place smart bids and get fixed-price deals on your must-have item:

  • Research the item before you bid by searching sold listings to see what price similar items have sold for in the past. If the item is new and can be bought in a store, do some online research to find out what the stores are selling the item for. Beware of overbidding!

  • Make a mental note of the cost of shipping before bidding on an item should the seller charge for it. Add the shipping cost to your bid to get a clear idea of the total amount you’ll be paying.

  • Check the seller’s feedback (and whether they are a Top Rated Plus seller). No matter how high the feedback number, be sure the latest few feedback comments aren’t negative.

  • Bid in odd increments. Most people bid in round numbers (such as $0.25 increments). If you bid in $0.27 increments, you can win by just $0.02!

  • Have fun and be prepared to pay for whatever you bid on.

Placing a bid on eBay is a binding contract.