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ALWAYS do your homework before you bid on an item.
You need to know ahead of time:
the usual retail price
the model number
the product features
the quality of the item
Look at other completed items on ebay to see what price the same item has sold for. Look at the manufacturer's website for product information. Look at the CSPC (Consumer Safety Product Commission) website at http://www.cpsc.gov/ to make sure the product you intend to buy is not recalled.