eBay auctions

eBay is an online marketplace where sellers list items either at a fixed price or in auction format, where buyers place bids until the listing ends. eBay also promotes featured collectibles auctions on its home page.

How buying works

• Tracking bids: active bids and offers appear in My eBay under Bids/Offers.
• Automatic bidding: a bidder sets a maximum price and eBay bids on their behalf up to that amount.
• Retracting a bid is allowed only in certain circumstances, such as a mistake when bidding.
• Money Back Guarantee: buyers are covered if an item has not arrived by its estimated delivery date.

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Facts only, from the sources listed above. Always check each listing’s terms before you bid.