When you find the item you wish to bid on, you can submit a Live bid or a Max Bid (more info below). The bid boxes usually suggest the lowest amount you may bid, but you can always pick a greater number by manually entering the amount you wish to spend on the item.

You have the option of entering the maximum bid you envision paying for the item. P&E Auctions will then bid on the auction for you until the amount limit is reached. If the bidding stops, you will receive the item at the lowest possible price. During the auction, a Max Bid is hidden from the other bidders. Only the current highest bid is revealed.