Can I increase my proxy bid?
by sir_snipes_alot

You can increase your proxy bid at any time, by simply going back to the auction page and entering a new proxy bid in the bidding box, and confirming your bid.

If you are the leading bidder and increase your proxy amount, your current bid should not change. There are however, a few situations where this will not hold true, and you could see your new proxy bid raise your current bid.

• If you were winning by less than a full bid increment - your bid will increase by one full increment

• If you were tied with another bidder, but leading because you had place the earllier bid - eBay will increase your bid by one full increment to keep you in the lead, since by entering a new bid, you will have lost your position as earliest bidder

• If you are bidding on a reserve auction and your new bid meets or exceeds the reserve price set by the seller, your bid will immediately jump to the level of the seller's reserve, any remaining proxy amount will be used to fend off future bidders

Sir Snipes Tip:   Before confirming any bid on eBay review the confirmation page very carefully - looking for misplaced decimal points and incorrect bid amounts - every bid is considered to be a binding contract.