Bidding without full suit

dereksbicycles

dereksbicycles

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Let's give 2 examples:

1. You want to bid $3500 for a car on E Bay. Usually you have 7 days to pay for it. If a person has only $3000, but figures that they will get that extra $500 in 7 days. Therefore, they place bid and win it. Bit risky, but if you know what you're doing, I would suppose go for it.

You want to bid $400 for a bike. Online. You have only $150. You figure you'll get extra $250 in a week so you place a bid for $400 and win. Like #1, risky. A calculated risk.
 
Depends on how responsible they are, and how good with calculations I suppose. I know exactly how much money I will have coming in and going out at any given time. I don't live outside my means. There are many people out there that just want something so badly that they don't really "need" per se, that would devastate themselves financially over a decision such as this.
 
or you could check out turbo lotus porch etc see if they spelt it wrong then put a bid in...i gather some have been sold for pennies
 
dereksbicycles said:
Let's give 2 examples:

1. You want to bid $3500 for a car on E Bay. Usually you have 7 days to pay for it. If a person has only $3000, but figures that they will get that extra $500 in 7 days. Therefore, they place bid and win it. Bit risky, but if you know what you're doing, I would suppose go for it.

You want to bid $400 for a bike. Online. You have only $150. You figure you'll get extra $250 in a week so you place a bid for $400 and win. Like #1, risky. A calculated risk.
Click to expand...
Most sellers require immediate payment, however eBay policy says you have two days to pay.
 
When I read the title I thought you meant bidding without wearing your whole suit . LOL!
 
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