Quote:
Originally Posted by KC911
IMO, there's no need to if you decide what the max is you're willing to pay and place that as your maximum bid, then let the chips fall where they may. Too many folks get into egotistical "stupid bidding wars", and bid FAR more than an item is worth, and there are plenty of idiots out there...I "try" not to be one 
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I like to bidding service so that my bid isn't even placed until the end of the auction. If you place your high bid and someone else wants the car they may chip away at your price trying to become the high bidder, only driving up the price.