Someone bid over my $500 max bid and the price shot up to $4000

chv055
Community Member

I put a bid on an item and my max bid was $500 then someone outbid me when I opened up the automatic bid history I could see the $510 then the same user bid again and the bid went up to $4000  How can this happen? I thought the bids were supposed to go up in increments not straight up to their maximum bid

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Re: Someone bid over my $500 max bid and the price shot up to $4000


@collect247 wrote:

I'm telling you what the value is for the bike.

The seller states their bike is in very good condition which is valued at $2400.

The seller doesn't say $2400 der but that's what their valued at,I know a bit about motorbikes do you?


The US Redbook site would be the only site that would have them valued that low and they under value

 

everything.

 

The CB 750 is valued at $7000 upwards and some can get up to twenty thousand plus these days (the "base"

 

price is more around the ten thousand mark and up).good.gif

You will get some around a lower mark but most of those only have the single pipes.

 

I used to have one back in 1974 and ended up selling it to my brother.Sunnies.gif

 

 

Message 21 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000

The bidder may have asked the seller what the reserve is. I've had sellers tell me what their reserve is. That was many years ago now but the same still applies.
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Re: Someone bid over my $500 max bid and the price shot up to $4000

Regardless of anything else, you're always going to be behind the eight ball buying something like that from the US.

 

For starters, you would be up for a significant amount for freight, which a US buyer won't be. There would be GST on the bike plus the freight. If the seller uses the GSP, you are unlikely to even get it as Pitney Bowes would probably refuse to send it as it is used and has a petrol tank.

 

More importantly, you are taking the seller's word for the condition and any faults.

Message 23 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000

OP may be currently in US, on holidays or staying with relatives.  That would explain a lot.

Message 24 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000


@collect247 wrote:

I'm telling you what the value is for the bike.

The seller states their bike is in very good condition which is valued at $2400.

The seller doesn't say $2400 der but that's what their valued at,I know a bit about motorbikes do you?


The bike is in the U.S and $4000 U.S is very close to $6000 Australian. I,m not sure of thier value in the U.S.A but your estimate of $2400 is way off the mark in Australia. ( see link below )

 

These bikes have gone up dramatically in price in the last few years, along with the XS Yami 650,s, Suzuki Katanas & GSX1100's. Basically any of the big, iconic Japanese bikes are gold now and the smaller ones are going up in value fast. Luckily I stashed around a dozen early Jap bikes away fifteen to twenty years ago. A couple only cost me carton of beer at the time......Man Very Happy

 

https://www.bikesales.com.au/bikes/honda/cb750/

Message 25 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000

The bike is in the US so yes my value is meant to be in US dollars 

Why would I value something that's in another country to us in AU?

US$4000 lol.

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Re: Someone bid over my $500 max bid and the price shot up to $4000


@chameleon54 wrote:

Luckily I stashed around a dozen early Jap bikes away fifteen to twenty years ago. A couple only cost me carton of beer at the time......Man Very Happy

 

 


They were disposable when I was growing up, lol (my mum's learner bike was an old Honda, but it was discarded ASAP for a Harley - this is back in the early to mid-80's and they were not particularly fashionable amongst the people she knew, all bikers).  I remember being at a fundraiser that was thrown by the Hell's Angels where they had one and charged $5 a pop to get in a whack with a sledgehammer. Smiley LOL

Message 27 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000

So your mum was a bit of a REBEL bikie hey Woman Wink

Message 28 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000

Definitely not the most traditional mother one could have, lol. At least when she upgraded to the Harley, me and my brothers could hear her coming home when she was still a couple of minutes away and could scramble to get to the chores she told us to do before she left and pretend we'd started them much earlier. Best bikes ever. Smiley LOL

Message 29 of 68
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Re: Someone bid over my $500 max bid and the price shot up to $4000


@chameleon54 wrote:

A couple only cost me carton of beer at the time......Man Very Happy


Chamo, I don't even want to think what I swapped my Triumph Tiger Cub for back in the '60s..................

 

Spoiler
darned thing cost me a fortune in big-ends anyway..................
Spoiler
but it did go really fast downhill..............
Spoiler
until they got white hot and melted................
Spoiler
fairly frequently...............
______________________________________________________

"Start me up I'll never stop......"
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