Can I place a bid for more than the current bid price?

Yes, you always have the option to input your max bid. This bid is only visible to you, as it will be hidden from all other bidders, and you will only pay as high as the bidding goes.

Example – Your max bid price is $15,000. The current bid price is $10,000. The final competing bid is $11,000. You will win the item for $11,250.