How Quibids Buy It Now Feature Works

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How Quibids Buy It Now Feature Works

You should always consider using the buy it now feature when ever possible as it will act as your personal safety net!! With the buy it now feature you will never have to worry about losing the money that you spent on bids.

Buy It Now offers you the chance to purchase any product at any time during the auction and up to 2 hours after the auction ends. Any real bids (aka Bid purchased in a Pack bids) you place on an auction will be discounted off the value price. Voucher Bids (Bids that you won in an auction) used in an auction will not be used to count towards the Buy It Now price.

Note: Your Buy It Now purchases will not count toward your daily or 28 day win limit.

The auction will continue as normal for all other bidders, even if someone uses the Buy It Now option. There will be no limit to how many bidders can decide to use Buy It Now.
To use the Buy It Now feature, you must have placed at least one bid in the auction. Any bids placed on an auction are offered as a discount against the value price of the item. The Buy It Now price can't fall below $0.00, even if the discounted sum of all bids is more than the Value Price of the item.

If you use more bids than the value price, you will purchase the product for $0.00. The extra bids you use will not be returned. The purchase price cannot be negative.

Below is an example of how your discount for Buy It Now is calculated.
Value Price: $100.00

Discount: Real Bids Placed x Bid Price: 100 x $0.60 = $60.00

Buy It Now Price: $40.00 + Shipping/Taxes (if applicable)

The Buy It Now price will be updated after each bid you place.