Don’t want to miss out on that dream lot? You can bump up your max bid by going to ‘My Saleroom’ and clicking ‘on your 'current' bids in live or timed auctions.
Remember, there are some restrictions on reducing your ‘max bid’. That’s because placing a max bid is a contractual commitment to buy an item if you’re the highest bidder and meet the reserve.
In a live auction:
You cannot reduce or remove your max bids prior to a live auction. If you have changed your mind, you'll need to wait for the live auction to commence and reduce or remove your bid in the live bidding applet.
In a timed auction:
You can reduce your max bid, but only as low as the current price.