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3. Bidding > 32. Retract Your Bid Without Retracting Your Bid

Retract Your Bid Without Retracting Your Bid

Back out of an auction before it’s too late.

There are many reasons you might want to back out of an auction after bidding. Obviously, if you make a mistake and bid the wrong amount or bid on the wrong auction, you’ll want to retract that bid before the auction ends and you’re obligated to pay.

But there are other reasonable circumstances under which you may change your mind about an auction. Sellers can make changes [Hack #65] to the description or photos, even after the item has received bids, and such changes may affect your desire for an item or your ability to pay for it. Or, if you lose your job and find your daughter needs braces, your desperate need for that 50-inch plasma TV may become slightly less desperate.


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