How does ebay's reserve price work?? I am new and SOO LOST!?

Question

Ok so when they set a price to bid at, like say the starting price is .99 cents, and the closing date is in about 4 or 5 hours, say i bid 2.00 on the item, will i win it for 2.00? and what is the reserve price? if they have a reserve price on it, and i dont bid UP to that reserve price i dont win the item? i wish i could tell if some of these items i want to buy have reserves on them or not. please help me out.

Answer 1

the reserve price is when someone is selling something for say .99 but they dont want anyone to pay under 7.00, say the bidding is closing in a minute and you put 5.00, you will not win the item

i hate that reserve c**p!!!

Answer 2

If the item has a reserve and you bid lower than the reserve, when it ends you will not win the item. You can tell if an item has a reserve by looking at the price at the top of the page and in parentheses it will say "reserve not met". It it doesn't say that then it does not have a reserve :)  

Answer 3

Prior responper is right, if your bid does not meet the resesrve price it will show you the words. "reserve not met."

Most items sold on ebay do not have a reserve on them. For the simple reason that many bidders, even if interested in item, will not bid into a reserved item.  Also, ebay charges a seller more to list an item with reserve, and this year is not refunding that fee if the item sells.

Also, if you do wnat to bid on "reserve" item, do not hesitate to use the "Ask Seller a Queston" function to ASK what is the reserve price. Believe it or not, many will tell you!

As a seller on ebay let me welcome you to the site. We sellers need all the buyers we can get!!  You are NOT alone!  Please go to any ebay page, upper right, click on "Community."  From there go to "Discussion Boards."

There, about four down, you will see Buyer's Central.  Click on that. Other buyers and sellers there will immediately (almost) answer any question you have.  And check out the "Sticky" by "grandma," who lists about a dozen things a new buyer on ebay should keep in mind.

And other buyers and sellers add to it.

You can have many safe, money-saving and pleasant experiences on eBay!