OOOh Squidipa. No way should you give them a mutual withdrawal. If they wanted a higher price then they should have put a reserve price on it at a level they were happy with. Obviously it is not worth as much as they think it is, cos on ebay it is only worth as much as someone is willing to pay. In this case $40!!

As everyone else says, contact ebay and draw on the rules and regs as necessary. The cheek of it!