It does almost feel like eBay is trying to phase out actual auctions in favour of everything being Buy It Now, with the way they are messing with the auction format.
Yesterday I put in a last second bid for something, my max bid being £26. I won, and the item sold for £26. Okay, great. But considering how the bidding had been up to that point I was a bit surprised the end price was exactly my max bid. I checked the 7 bids, and the actual bidding took the final bid to £24.34.
So, apparently the buyer protection fee on an auction item is 4% of the final bid amount for items between £20-£300, but that doesn’t make the final amount £26. Something odd seems to be happening here. Obviously we’re only talking about a few pounds here, but it’s all a bit odd unless I’m missing something obvious?
I’ve been buying and selling on eBay since 2001, and I’m not against all the changes they’ve made recently, but doing things like messing with last second bids feels dodgy to me. And I just don’t get what’s going on with some of these end prices in auctions.