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eBay. It can be the greatest thing in the world and then the pit of human misery.
Go through all the right channels. GO through the multiple payment requests from eBay and explain that the bid is binding and any questions should have been asked before bidding. In the meantime contact that runner up ASAP. You can't just pull the rug out from under the high bidding douchebag, you have to give him the eBay required window.
Check eBay auto policies on the website too, as they may be different from general merchandise. Keep us posted too!
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