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Want-it-Now
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When you place a bid on an item you wish to purchase, you can
enter the maximum amount that you are willing to pay. The eBay system will
then automatically place bids on your behalf (this is known as proxy bidding)
to keep you as the highest bidder (unless someone else places a higher
maximum bid).
This automatic bidding process increases the amount of your bid
in increments that are just sufficient to outbid the next highest bid from a
competing member.
The actual amount of the bid increment depends on the current
price that an item has attained according to the sliding scale below:-
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Current Bid Amount
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Bid Increment Value
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Current Bid Amount
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Bid Increment Value
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£0.01 - £1.00
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£0.05
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£1.01 - £5.00
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£0.20
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£5.01 - £15.00
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£0.50
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£15.01 - £60.00
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£1.00
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£60.01 - £150.00
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£2.00
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£150.01 - £300.00
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£5.00
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£300.01 - £600.00
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£10.00
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£600.01 - £1,500.00
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£20.00
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£1,500.01 - £3,000.00
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£50.00
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£3,000.01 and over
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£100.00
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