Junkman
Well-known member
Sometimes I come across a tool, and just watch how the bidding is going. If I am intent on winning, I will place a sniper bid for my top dollar. If I don't care one way or the other, I will just place my highest bid a few hours before the end. Most times, it seems that I am outbid, but my bid has caused the auction to go way beyond what the item is worth to me. A classic example is this Snap On 1/4" drive ratchet. The price is now approaching close to what it cost for a new one when you factor in the shipping. $52.59 for used vs. $73 for new. To save $20 on a ratchet to me doesn't seem like a good enough deal, especially if when it arrives, it isn't as good as the seller says it is. In this case, I didn't bid to win, but just to see how high it was going to go...
