Bidding & Autobids

1 min. readlast update: 07.22.2024

Bidding

Bidding is a simple process. When viewing a car listing, just press the bid button, enter your bid amount, and you’re done.

 

Auto Bids

You also have the option of using Autobids. With this feature, you set the maximum amount you are willing to pay for the vehicle, and the system will automatically place bids on your behalf up to that limit.

 

Understanding Reserves

When you place a bid, you will be notified if your bid is close to or has met the reserve price for the vehicle. This is crucial because if the auction ends and your bid is above the reserve, the car is sold to you.

If the listing concludes without any bids above the reserve, it enters the Counteroffer stage. 

 

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