Yahoo Auction offers two different options to buy an item right away without bidding. Let's have a look at the difference between Buyout Price and Fixed Price.
Buyout Price
If the seller indicated a Buyout Price, you can buy the item immediately if make a bid with this amount. The auction closes automatically, and you get the item.
Usually, bidders compete for a price below the Buyout Price. If the Buyout price is not reached during auction, it closes normally, and the highest bidder wins.
However, if you intend to buy this item and do not want to wait for the auction's end, you can place a bid at Buyout Price and purchase the item right away.
Fixed Price
Fixed Price is the same as a Buyout Price. However the is no possibility of placing a bid below the indicated price. You place a bid at Fixed Price and purchase the item just as you would in a normal webstore.
