So what does Reserve not met mean?

This is hummer is a pretty decent deal, but the bidding could heat up big time, as the time comes a closin down.


http://cgi.ebay.ca/Hummer-H2-HUMMER-...QQcmdZViewItem

 

(Reserve not Met) means the seller has a price in mind that he wants (hidden)the bidding must meet or exceed that minimum pricethe seller has established before it becomes a binding contract... The bids below that RESERVE PRICE will not make a binding contract for the seller to sell it or the bidders to buy it...He could privately sell it to the highest bidder, but that won't be until after the auction has closed.

 

It means that the top bidder did not meet the required price that the seller has placed on it..therefore it will not be sold...however I have been known to contact a seller afterwards and negotiate.

 

OK so ya hit send before I did Dennypoo!

 

Beat cha!