ebay buying by auction...

[janzman]

...I've bought and sold on ebay a bit but never by auction until recently...
I fancied a smartphone and the bid for a 'new other' condition phone was was £50,so I entered a bid...cut the story short,the bidding closed 10 mins ago and the winning bid was £135+£5 p&p.Now I dropped out long ago but followed out of interest and I know you can buy this particular phone brand new from CPW or P4U or even Tesco for about £125 with free delivery.So I wonder why anyone would continue bidding for this one over and above the price of a new one ...any thoughts,anyone

[mrs_overall]

People get carried away with bidding frenzy.
I go to a local auction every fortnight and I see it happen there too

[jomifl]

They haven't done any research..or they got involved in a bidding war..

[snags]

I asked a similar question recently and Old_Geezer's answer summed it up nicely:

''Possibly lazyness and not finding the best price. But in all honestly it is more likely to just be a reflection of the average intelligence of the human species.''

[Ann]

Some people just HAVE to win whatever crazy price they get it for ..... i've seen it happen! mad!