This is inspired by the thread about the Summit Uni on eBay.
I’ve used eBay to sell hundreds and buy hundreds of auctions. (I have the same user name there as here)
If you ever buy stuff on eBay, here’s a couple tips.
#1, !! and I can’t emphasize this enough !!
Bid late in the auction. The auctioneers’ descriptions often urge you to “bid early”, but there are no advantages to doing so. It only shows other people interested in the the item that they have a competitor.
Wait until, literally, the last 10 or 15 seconds of the auction to bid. Someone in the other thread pointed to a website which will bid just a couple seconds prior to the end for you, but I like to refresh once more to make sure some other joker isn’t using the same strategy.
#2, Bid strong if you bid at the last second. Bid the highest you’re willing to go. EBay bids you only one increment over the next highest bidder, and not the full price of your bid.
#3, Trust sellers with good feedback ratings. For example, the Summit auction was run by someone with nothing but positive feedback comments, enough that I would trust them to be straight.