IIRC, fleaBay offers two types of "BIN" offers. One any bid below the buy it now price will cancel out the offer, the other will register the bid but the BIN price stands until it is met and or the auction ends. Methinks the later is for sellers that do not wish to take anything lower than the stated price, sort of like a reserve.
Auction has ended, but if history keeps repeating, the washer will be back on offer, unless of course seller gets fed up and sends the thing to the curb or crusher.
L.