Placing a bid

Learn how bidding works on Trade Me – including auto-bidding and minimum bid increments.

Holding bid illustration Find out how to place a bid, and place and manage auto-bids.

 

Bidding

  • Start price
    Minimum first bid amount – every auction has a start price.

  • Reserve
    Minimum sale price. If an auction has a reserve, it will only sell if bidding exceeds the reserve amount.

  • Auto-extend
    If any bid is placed within the last two minutes of an auction, the auction will auto-extend by two minutes.

  • Minimum bid increments
    Depending on the current bid of an auction, there are different minimum bid amounts for the next bid placed:

    Current bid Minimum bid increment
    Up to $20 $0.50
    Between $20 and $200 $1.00
    Between $200 and $1,000 $5.00
    Between $1,000 and $5,000 $10.00
    Between $5,000 and $25,000 $50.00
    Over $25,000 $100.00

 

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Auto-bidding

Let us do the mahi for you – so you don't need to keep watching the auction.

When you set an auto-bid:

  • You set your maximum bid amount.
  • When someone bids higher than you, we'll place the next minimum bid for you.
  • You'll stay in the lead – until you reach your maximum bid.
  • No additional bids will be placed if you lead the bidding.

 

Setting an auto-bid

Placing an autobid on the new look site

  1. Select Place bid on an auction.
  2. Enter your maximum bid in the 'Maximum bid' field.
  3. Select the Toggle button Auto-bid toggle.
  4. Select Set auto-bid.
  5. Confirm your bid.
  1. Select Place bid on an auction.
  2. Enter your maximum bid in the bid box.
  3. Select the Auto-bid toggle.
  4. Select Set auto-bid.
  5. Confirm your bid.
  1. Select Place bid on an auction.
  2. Enter your maximum bid in the bid box.
  3. Select the Auto-bid toggle.
  4. Select Set auto-bid.

Edit or remove an auto-bid

To increase or lower your maximum price, set another auto-bid to replace the old one. 

To remove a placed auto-bid, follow our bid removal process.

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FAQ

Why has my auto-bid jumped to its maximum?

If your auto-bid is below or equal to the reserve, your maximum auto-bid will be placed. If an existing auto-bid is greater than yours, your auto-bid will also jump to its maximum.

Why has my auto-bid jumped straight to the reserve price?

If your auto-bid exceeds the reserve, a bid will be placed equal to the reserve. You will then lead the bidding until your auto-bid is exceeded.

Why has my auto-bid bid against itself?

If another member places a bid equal to your maximum auto-bid, your maximum auto-bid will be placed. This will appear as two consecutive bids from you. Auto-bids have priority over normal bids of the same value as they were placed earlier.

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