shiftyer1
Member
Even though it's very humorous, this comes off to me as a scam looking for idiots. You found some, now finish the transaction and HOPE they learn a lesson. WHO WOULD BID ON THAT?????????????
It's obviously a couple of guys who think phony bids are funny. A funny auction may or may not be a good idea but phony bidding is wrong. The listing was made in jest but the first bid made it a real auction.
Considering he'd owe Gunbroker $30,000** if it had stopped at 1million, and will undoubtedly owe far more. Then I think it'd be a good idea to get it voided if the top bidder doesn't pay out rather then just shrug and pay the fee.
**If the fee is 3% of the sale price.
Can I retract my bid?
(last updated on 5/31/2005 2:03:42 PM)
No. Our User Agreement is extremely clear that bids are non-cancelable once placed. We are also clear about this in our auction information and on the very screen where you placed your bid. Bids are not to be placed lightly - you must make sure that you have resolved any questions or issues with the seller before your bid is placed. You can use 'Ask Seller a Question' located on the item's detailed listing page to contact the seller.
If you have bid on something and you wish to be let out of your bid, you must work this out with the seller of the item. Contact the seller using 'Ask Seller a Question' located on the item listing page. If the seller is willing to release you from your bid, the seller must contact us and request that we remove the bid from the database. We cannot force the seller to release you from your bid if he refuses.
Why won't GunBroker.com remove the bid without the seller's permission? The answer is simple - the User Agreement states that bids are binding once placed. If we were to fail to follow the terms of the User Agreement, we would show a major lack of integrity. We would also open ourselves up to a potential legal liability.
If this policy causes a problem for you and you are irritated at GunBroker.com, we are sorry that you feel that way. However, you explicitly agreed to be bound by the terms of the User Agreement by registering to use our site and by placing a bid. Just like any other binding legal contract, if you did not read or understand the agreement that is no one's fault but your own.
We do not hide our policies - we openly display them for all to see and we do everything we can to get you to read them.
If you don't want negative feedback over the transaction, buy the item and then resell it here. If you bought it, chances are that someone else will buy it from you. You may even make money on the transaction.
In the event you made a mistake or typo while bidding and bid $40,000 instead of $400 you need to contact the seller and tell him to contact us via the Help Center. Only the seller can ask for a bid to be removed in an emergency situation.
I think I would maybe cancel my credit card so that GB would not have an active card/account to charge. 1.25% or 3% of $50M+ is a little more than I would want to be responsible for. I wouldn't want to see your credit score or something get messed up and hurt you later on.
I don't think you have to pay Gunbroker anything if the buyer backs out of the deal.