Bidding

All bids on Budi are max bids. This means you enter the highest amount you are willing to pay for an item.

Our bidding engine then handles the bidding for you automatically. It raises your bid in line with the predefined bid increments – always by the smallest possible amount – up to your max bid. This means you do not have to monitor the auction yourself every time someone else places a bid.

Bids placed automatically by the bidding engine are marked with in the bid history.

Max bids are sometimes called "auto bids" or "automatic bids" on other auction platforms. It is the same concept – you enter a maximum amount and the system handles the bidding for you.

Can I change my max bid?

To raise your max bid: You can raise your max bid at any time by entering a new amount. The system updates it immediately.

To lower your max bid: You can lower your max bid, but only as long as your new max bid is still above the current highest bid in the auction.

Do I always have to place bids manually?

No. Once you have placed a max bid, the system automatically raises your bid according to the bid increments, up to your maximum amount.

Can others see my max bid?

No. Your max bid is hidden from other bidders. They only see the current leading bid.

What happens if two people place the same max bid?

The person who placed their max bid first gets the advantage and remains the leading bidder.

Can I cancel a max bid?

You cannot remove a max bid completely, but you can lower it – as long as it is still higher than the current highest bid.

Example of how max bids work

You place a max bid of 1 000 SEK. The highest existing bid is 700 SEK.

The system then automatically raises your bid to the next bid increment, for example 750 SEK.

If someone else bids 800 SEK, the system immediately raises your bid to 850 SEK.

This continues until someone bids above your max bid of 1 000 SEK – or until you win the auction at a lower price.

The reservation price is set by the seller and is the lowest amount the seller will accept for the item. Its purpose is to ensure that the item is not sold below a predetermined value.

If you win an auction where the reservation price has not been met, we will contact you to ask whether you would be interested in increasing your bid. We can then discuss the matter with the seller on your behalf to see whether it is possible to agree on a price acceptable to both parties.

Do all items have a reservation price?

No, most items on Budi do not have a reservation price. This means that bidding is binding from the first bid and that the item is sold to the highest bidder when the auction closes. If an item has a reservation price, this is stated in the auction information, and you can also see whether your bid has met it or not.

What happens if the reservation price is not met?

We will contact you as the bidder to ask whether you would like to discuss a higher amount, and we will speak with the seller to see whether an agreement is possible.

Can I still buy the item if I win below the reservation price?

Not directly. Your bid is not automatically accepted by the seller, but we will try to find a solution if you are interested.

Can I see the reservation price in advance?

No, the reservation price is hidden during bidding. The only thing you can see is whether your bid has met it or not.

Why is there a reservation price?

To give the seller peace of mind that they do not have to sell the item at too low a price.

Manual bids (sometimes called "direct bids" or simply "bids") mean that you enter an exact amount that is immediately shown as the leading bid. There is no automatic bidding and no hidden maximum amounts.

Manual bids are available on items with higher bid increments.

How it works

1. You select manual bid in the bidding view
2. You enter the amount you want to bid (e.g. 2,000 SEK)
3. If the bid is high enough, it immediately becomes the visible leading bid
4. There is no hidden "proxy bidding" - your bid is exactly what you see

With manual bids, you have full control over exactly what level you bid at. If someone else places a higher bid, you must actively raise your bid yourself - the system will not do it for you.

Can I lower my manual bid?

No. A manual bid cannot be lowered. Since the visible bid and your maximum amount are always the same, there is no room to lower it. You can only raise your bid.

Can I change to a max bid instead?

Yes. You can switch from a manual bid to a max bid at any time by placing a new bid that is higher than your current one.

Can others see my manual bid?

Yes - that is the whole point. Your manual bid is shown directly as the leading bid. There are no hidden amounts.

What happens if someone has a max bid that is higher than mine?

If you place a manual bid that is lower than someone else's hidden max bid, the bidding engine will automatically raise their bid according to the bid increment. They keep the lead, and your bid is added to the bid history.

What happens if my manual bid is higher than their max bid?

Then you outbid them and take over the lead. Your exact amount becomes the new visible bid.

Examples of how manual bids work

Example 1: You win with a manual bid

The leading bid is 15,000 SEK. You place a manual bid of 25,000 SEK.

Result: The visible bid becomes 25,000 SEK and you lead the auction.

Example 2: You lose to a max bid

User A has a max bid of 30,000 SEK. The visible bid is 15,000 SEK.

You place a manual bid of 20,000 SEK.

Result: A's automatic bidding is triggered and the visible bid becomes 20,500 SEK. A still leads (their max bid of 30,000 SEK is higher than your bid).

Example 3: You beat a max bid

User A has a max bid of 20,000 SEK. The visible bid is 15,000 SEK.

You place a manual bid of 25,000 SEK.

Result: A's automatic bidding raises the bid to their maximum of 20,000 SEK, but your manual bid of 25,000 SEK is higher. You take over the lead with a visible bid of 25,000 SEK.

The difference from max bids

On Budi, you can choose between two ways to place bids: max bids and manual bids. Here we explain the difference.

Max bid

With a max bid, you enter the highest amount you are willing to pay. The bidding engine then raises your bid automatically - always according to the applicable bid increment, using the smallest possible increase - up to your maximum amount.

Your max bid is hidden from other bidders. They only see the current leading bid.

Bids placed automatically by the bidding engine are marked with in the history.

Note! A max bid is sometimes called an "autobid" on other auction platforms.

Read more about how max bids work

Manual bid

With a manual bid (also called a "direct bid"), you enter an exact amount that is shown immediately as the leading bid. There is no automatic bidding and no hidden amounts.

You must monitor the auction yourself and raise your bid if someone outbids you. You cannot lower a manual bid.

Manual bids are available on items where the bid increment is at least SEK 500.

Read more about how manual bids work

Comparison

Which should I choose?

• Choose max bid if you do not want to monitor the auction and want the bidding engine to handle the bidding for you.
• Choose manual bid if you want full control and to know exactly how much you are bidding.