Well I found out that I was guilty of an overbid on the Perdomo "The Cigar" Churchill's. $130 for a box that I can get for 104 on an other site. FYI all you Perdomo lovers, the Torpedo's $109 and the Robusto $98.
At those prices they are well worth it. They are great cigars. And Thanks a bunch GS of Goodview VA for helping me push the price so high at the last minute. And your welcome Keith, you should really have some type of bid limit, other auction sites do. It's hard to check prices on the new cigars...... All was not lost.... I did make it up on a different box of cigars..... Thanks Keith.... All you CAO lovers watch the prices on the Brazilia's, do your home work!!!! I want to try them but I may have to resort to some place else due to the prices here.

While the idea of a bid limit is fun to entertain, and believe me, I would welcome it, it is not business friendly. It's not C-Bids job to tell you when to ease off the trigger. I would think that on some items, The cigar, CAO's etc.. certain people would just bid the max to assure they'd win. Then it would be first come first served. It all evens out. Give it time, the bids will come down.

So you are the one who outbid me with 30 seconds left!!!!! Thats okay, because I got the next box for about $80 and another one after that for about the same.... cj

Honestly, officer!...I didn't shoot the guy...The gun did!"...Cmon now!...You put in the highest amount you are willing to pay for an item and that's it...That's an auction

CB would be committing business suicide by putting in a bid limit!

The "Bid Limit" should be that price you're willing to go up to...Highest bidder wins...It's not hard to check prices...If you have a computer, you can compare prices...Sorry Rob, but ist sounds like a cop-out...I think you might be frustrated because you put in a bid that was higher that you actually was willing to pay for them...It happens to many of us...I think I'm pretty good at controlling it myself...Auction Fever...LOL

Are we talking about overbidding again? Where is Wany's thesis, I know its around here somewhere.

I feel I overbid,when I pay 80% of the rate i researched on the net,normaly i stay from 45-65% off the rate researched. If I cant get it well maybe next time.eom

Todog, the MSRP should be the bid limit as it is on other auction sites. With the release of "New" cigars its hard to check prices, so if Cbid cared about its regular customers, they would put the bid limit at MSRP. They would probably make out better in the long run listing the MSRP, as they do on some of the lots of more expensive (at one time) cigars.

Sorry, Bobby, but that dog don't hunt. Don't give up your personal responsibility for a security blanket. That doesn't go just for auctions. Ron

Sounds like sour grapes to me. I think if you are going to bid on an auction then it is your responsibility to educate yourself to the market price of an item, cigars or otherwise. Decide what it is worth to you, including the shipping, put it in the auto bid and either win or lose. But don't cry when you later learn you paid too much.

A lot of people like to see government regulation to protect them from their own stupidity. A bid limit sounds a lot like that. I really don't think you have a point here no matter how much you try to justify it.

Free enterprise, the american way.

Maybe we can apply this wonderful theory of financial control to all sales(car, house ect...) and never allow anyone to make a profit! This would make for a thriving economy! Like it or not, Cbid is in this business to make a profit and they do not have to "care" for the customer with regard to price although in most instances, they have shown that they do care. What is the point of an auction if there are bid limits. Example: The La Gloria Cubana Series R cigar is a hot item that is hard to find. People, in my opinion, are overbidding here at Cbid for this cigar because it is hardly in stock anywhere else. The theory of supply and demand provides enough control.

Anybody in sales knows the following term, "opportunity pricing"...in esscence it means you get the best price that you can for a product or offering! Research is the answer to the questionon overbidding! Know what you are doing before you start crying and mewling about being had in a damn auction. I agree "That dog don't hunt!"!

Charlie

A new car can do 120mph...but the speed limit is 65. Should the manufactures be at fault for speeding tickets? Shouldn't the cars "limit" be set at 65? I think it's america, where businesses can do whatever they want. It's us, the consumers, that have to use our God given heads and be accountable for our own actions. More power to CB/CI if they can and do get more than MSRP. Just MHO.

guns and butter. What is the price for widgets now adays?

Economics 101. Law of supply and demand. Given all other factors remain unchanged if the supply goes down or demand goes up (or both) the price will increase. So another site might sell the cigars cheaper. But if their supply is low and they can't ship them to you for 4-6 weaks you may be willing to pay more to get them faster. By putting in a limit you negate this ability. Besides have you ever heard of anyone putting a limit on the price of a house they were selling? It would be pretty stupid.

Priceline.com " name your own price " what to you think
how many people overpay their plan ticket, i am shure about 5%.eom

plabonte-I said what you did with the simple guns and butter statement. I am impressed with your ability to cut and paste or I'll give you credit for incredible regurgitation ability. But remember guns and butter say it all:)

Ron, The first point I was trying to make with my original post was, that even with research we could overbid. At the time of the bidding the only information I had on “The Cigar” had the MSRP at around $4 a stick and I did get them at less than that. So there are NO “ sour grapes” there Orv. The second point I was trying to get across was to help out the other people on this site by listing the prices that I had found. The third point was that maybe CB can better serve the customers by giving US, the customers, an MSRP on new cigars and maybe others too. And Todog MSRP is listed on most products in the market place, the exception to that is commodities like houses ect. Auction sites like ubid do list MSRP for all of the stuff they have up for bid and if you really, really want it, you just max the bid and your done. They make a profit and the customer gets what they want at a price they wanted to pay, win, win. Char5353, All businesses are in business to service the customer and make a profit while providing that service, “opportunity pricing” is a screw the customer buyer beware practice of businesses that don’t stay in business very long. Cbid’s objective should be to keep as many of us here as possible and keep us bidding, that way they move a lot more product. One of the reasons I don’t tell people about this site is to keep the bidding down, less competition in the bidding. I feel that if there were tighter controls on the bidding then I might be more inclined to tell more people about this site. I do think this is a GREAT site I have saved hundreds of dollars over what I was paying at the local shop (That’s what I tell the wife). But greatness can be improved upon…….. Ok, I know, I’ll get off the damn soap box……. And lighten up already, some of you guys are way too serious………

Time for my soapbox:
You stated "customers get what they want at a price they are willing to pay" Why would you bid here something you are not willing to pay? This is an auction site, If cbid sets a limit it becomes nothing more than a first come first serve retail site. The most ridiculous statement I have ever heard is "all businesses are in business to service the customer." Take a business class and you realize profit maximization is the reason businesses are in business. Businesses that are in business to service the customer are called "not-for-profit organizations" and to the subject of MSRP (wany where are you) Manufacturors SUGGESTED retail price! Suggested does not equal market value, dont believe me research the going rate for Opus X (no where near MSRP).