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You can retract your bid for the following reasons:
Bid retractions only apply to auction format listings. There's no equivalent for bid retraction in Buy It Now listings. Once you've confirmed your purchase, you're obligated to pay the seller. If you've used the Buy It Now option by accident, you should email the seller immediately by using the "Ask Seller a Question" link from the listing page. You should explain what happened and ask if the seller is willing to cancel your purchase. Only the seller is able to do this.
To retract a bid, use the Bid Retraction form.
Learn more about Bid Retraction.
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