Am I right in thinking if person A bid £1000 and then person B bid £5000 the current winning bid would be £1050 say. If no other bids were placed on the auction would it end at £1050? But then if the reserve was lowered to £5000 before the auction ended would person B win the car at £5000?

Christ I think I've confused myself now!

What are you selling by the way Lee?

You seem to sell a car every other month!