How Does The Maximum Bid Thing On Ebay Work?

The maximum bid thing on Ebay allows people to bid there maximum price that they are willing to pay for an item. For example: If you see a computer screen for £20.00 and you want to pay £40.00 to secure that purchase, you can do that by typing £40.00 as your bid, that will be your maximum bid. If the bid for the computer screen goes under the £40.00 and a bidder has bid his maximum at £35.00, you will still be the highest bidder because you have placed a bid at £40.00. If somebody bids higher than £40.00 and take it to £43.89, then your maximum bid has been outbid and the bidding war starts again!