Yahoo Auctions Bid Types

So, you just found the item you have been dreaming of and you are ready to bid. However, did you know there are 2 ways to bid on Yahoo Auctions? Those are Bid and Buyout/Buy Now.

Confused? Don’t be! If you If you have used eBay before, it is very similar.

Bidding on an item

This is the regular type of bid that other sites like eBay have. You place and bid and other users bid against you and the highest bidder wins the item.

Automatic bidding system

Yahoo has an automatic bidding system set up where you can set your maximum bid for the auction and not have to continually bid.

Here is an example:

If the auction has a start price of 5,000 yen with no current bids and you set a maximum bid of 10,000 yen, you will become the highest bidder at 5,000 yen. If someone else bids against you, say 5,250 yen, then Yahoo will automatically bid you up to the next minimum bid which is 5,500 yen. This is the same all the way up to your maximum bid of 10,000 yen. If someone else sets their maximum bid at 15,000 yen, they will become the highest bidder at 10,500 yen (the next minimum bid) as your bid will max out at 10,000 yen.

If no one else bids against you, your bid will not increase. That means if you set your maximum bid at 10,000 yen, you will win the auction for 5,000 yen if no one bids against you.

Please note: If you bid the “buy now” price, it will consider your bid as “buy now”. That means you will automatically win the auction at the buy now price so please be careful.

Buyout/Buy now

If the seller has set a “buy now” price, then if you choose the buy now option, you will automatically win the item. If the auction also has a bidding option, you will still become the winner.

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How to save a search and set up auction alert emails

To save a search or set up auction alert emails, you first need to save a search. Please follow the steps below to save a search.

How to save a search

Step 1: Enter a search query in to the search box

 

 

Step 2: On the search page, adjust the filters to suit your search and then click “Filter search results”

 

 

 

Step 3: Click the “Save this search/set up email alerts” button

 

 

Step 4: Enter a label for your search and click “Save search”

 

 

You will now be taken to your saved searches page where you can add email alerts and delete searches etc.

 

 

How to set up email alerts

Would you like to be notified by email automatically when an auction item is listed? You can do that by using this system.

Step 1: On the saved searches page, click “Add email alert”

 

 

The email alert box will expand and you will see all of the options for setting up an email alert

 

 

Step 2: Select the day of the week you would like to receive alerts

Please note that all times are in Japan Standard Time (JST ) UTC+09:00.

 

Step 3: Select the time of the day you would like to receive the email alert

 

 

Step 4: Select how many auctions you would like to be sent in the email

Please note: If there are less than the number of auctions you select available, you will only receive that many. For example, if you select 20 but only 5 auctions are available, you will only receive 5 auctions in the email.

 

 

Step 5: Click the “Add alert” button

 

 

That’s it! You will now receive automatic emails containing the auctions listed in your search

Please note: You will only receive each auction listing once. For example, if you receive auction ID l481952976 on Sunday at 9:00 AM, you will not receive it again. You will be sent different auctions each time.

 

 

If you have any questions or comments, please contact us.

 

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The auction I won has a choice of colors or sizes. What should I do?

If you have won an auction that has a choice of colors/sizes etc, please contact us and let us know what your preference is. The best way to contact us after the auction has finished is to reply to the automatic email that our system sends you notifying you of winning the auction. That email has all of the auction details in it so it makes it really easy for us to know which auction it is.

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Do I have to pay any fees if I don’t win an auction?

No, you will not be charged any fees if you do not win the auction.

If you used our PayPal pre-authorization system, we will void the transaction and the hold will be removed from your PayPal account.

If you paid directly by PayPal or bank transfer, please contact us and we can refund your deposit.

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Can I return an item I won on Yahoo Auctions?

If your return is about an item damaged in transit

Please see this question.

If your return is not about an item damaged in transit

Unfortunately, it is not possible for us to accept returns. We are a freight forwarder so we are not the seller of any of the items won on Yahoo Auctions. We receive the items you win, we pack them, and then we forward them on to you.

Furthermore, sellers on Yahoo Auctions almost never accept returns. That means that even if you return the item to us, we cannot return it to the seller. As we have paid the seller on your behalf using the funds you sent through to us, if we were to refund you, we would be at a huge loss.

These are the risks when bidding on Yahoo Auctions so please take them in to account when placing bids on Yahoo Auctions through our service.

If you have any questions, please feel free to contact us.

 

 

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Can I cancel my Yahoo Auctions bid?

As Yahoo does not allow cancellation of bids on any auctions, we cannot accept any bid cancellations either, as you are bidding on live auctions with our Yahoo accounts. Once the bid is placed it is final.

One option that is available is to reduce your maximum bid and hope you are outbid. If you would like to do that, please contact us. If you still win the auction after reducing your maximum bid, you will still be charged for the auction and will need to pay shipping costs and our service fee.

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How do I bid/buy from Yahoo Auctions?

Step 1 – Searching

You browse through the auctions and select the item(s) you wish to buy/bid on. You can do this by browsing categories or alternatively searching with keywords.

Step 1a – Quoting

If you need a shipping quote, you can either use the automated shipping quote (quick quote). If you would like us to check the item or quote manually, please contact us and we can do that for you. If you have any questions about the item, please ask at this time. Bids cannot be cancelled on Yahoo Auctions so please make sure you ask any questions you have before bidding.

Please note: The auction bid price does not include shipping or our service fee.

Step 2 – Bidding

You place place your bid/buy now using the place bid option. When you place the bid, a hold for your bid amount will be placed on your account. This is so we can use that money to pay the seller if you win.

Note: If you do not have enough credit in your account, you will be prompted to complete a Paypal pre-authorization.

Step 3 – After auction finishes

You will receive an email notifying you if you won the auction or not.

If you won the auction

If you won the auction, then we will contact the seller and pay them for you. You do not need to contact the seller. Once we have confirmed payment/organised domestic shipping with the seller, we will update the status of your item in our database.

If you bid using Paypal pre-authorization, we will process your payment shortly after the auction is won.

You can view the status of your won items in your KaiGuys account ordered item statuses page.

If you did not win the auction

If you do not win, then the hold will be removed from your account. You can then either use that credit to bid/buy other items, or request a refund. We only refund on request as many customers like to bid on other items if they don’t win something.

If you bid using Paypal pre-authorization, we will void your payment shortly after the auction is won. No funds will be taken from your Paypal account if you lose.

Step 4 – Domestic shipping to us

We wait for the item to arrive to our warehouse in Osaka. This can take a week or so, depending on where in Japan the item is coming from.

Step 5 – Packing

We will then pack the item and combine the items based on the choice you made when you placed the bid/bought the item (wherever possible/safe to do so).

Step 6 – Final invoice

We will send you a link to our online billing system where you do the following:

  • Enter your address
  • Compare and select your preferred shipping method based on speed and price
  • Leave notes for our staff
  • Pay any outstanding balance

If you are owed a refund at this time, we will process that for you after you have completed the online billing system process.

Step 7 – International shipping to you

Once you have paid the final amount owing, we will ship your package(s) via your selected shipping method. If there is a refund owing, we will refund that amount back to you at that time.

Step 8 – You receive the item

This is where you enjoy the item you the item you won on Yahoo Auction Japan and hopefully recommend us to your friends!

Questions?

If you have any questions at any stage of the process, please contact us.

 

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Can you bid on/buy from Yahoo Auctions?

We sure can! We have an online self-bidding site here. You can browse Yahoo Auctions in English as well as bid on items through our system. You can even see prices in your local currency.

We have including many more features to help make bidding/buying easy on Yahoo Auctions. There is a snipe bid option to grab a bargain at the last minute, there is also watch list so you can save auctions you are interested in, and much more. You don’t even need an up-front deposit if you have a Paypal account!

As always, if you would like us to check the auction beforehand, or supply you with a rough shipping estimate, please let us know and we can take care of that for you.

For more information, please see our Yahoo Auctions buying guide.

 

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