eBay reserve question.

[chuckywang]

Let's say you win an auction (say, for a car), but the reserve has not been met. If the seller then decides to sell the item at the price of the winning bid, are you obligated to buy it?

 

[chuckywang]

No one knows?

 

[CellarDoor]

I would think you are. When you place the bid you are agreeing to pay for the thing if you win.

 

[kingtas]

I asked ebay this question and they said no. Now if they would stick bt that in a dispute, ???

 

[NFS4]

If the reserve was not met, you didn't win jack.

 

[mrrman]

thats called a 2nd chance auction and they are not allowed

 

[Murpheeee]

no, you are not obligated

it only becomes a binding bid once reserve is met

 

[dethman]

nope noone is obligated to do jack if reserve is not met.

 

[aloser]

Seems to me that you would be, since a bid is a legally binding contract - and reserve being met or not, you still placed that bid, thus mandating your requirement to fulfill it.

 

[Tobolo]

no you are not. ebay counts that as not being sold. they can do a "second chance offer" to you but they cant make you buy it.

 

[kingtas]

In my post above, I was referring to a bid that did not meet the reserve price, and I wanted to bid on something else.

 

[Rumpltzer]

I was highest bidder on an auction that didn't meet reserve. I don't know what the reserve was, but my bid was certainly what I was willing to pay.

The reserve wasn't met, so there's no obligation to anyone.


However, I emailed the seller and pointed out to him that I was interested in the item if he was interested to sell. He sent me a second chance offer for the price that the auction ended at. At that point, it was up to me to accept or decline.


This all happened last month.

 

[AnyMal]

Originally posted by: Murpheeee
no, you are not obligated

it only becomes a binding bid once reserve is met

/thread