So flying to LA (from sydney) on monday with virgin and they sent me an email to bid for a flight upgrade to either premium economy or business class. The lowest bid possible was $490 for the upgrade and i think the maximum bid is something ridiculous like $1600 each way and thats for premium economy.
Was wondering if anyone had any experience with what is the average amount that these things go for. I guess id be willing to pay up to $600 or $700 tops for the upgrade just for the way over. But not sure if its worth trying to snag it for less?
It does depend on the final load, but quite often you'll get away with being close to the minimum bid.
I would personally go about $550 or so.
Have you considered Economy X? It's about $180 one way, and includes extra legroom, priority check-in & boarding, noise cancelling headphones and first choice of meal guaranteed.
Premium Economy gets the same + more legroom, a wider seat and much better food (domestic Business class quality with separate entree/main/desserts, linen, proper crockery/glassware).
Worth the extra $350+ from Economy X? Probably not in a strictly money sense, but then again it is fun to splurge on premium cabins if it's easily in your budget.