Knowledge Base Tag: Auction Bidding
- Does the highest bidder always win?
- Does winning a bid mean I’ve actually purchased the vehicle, or do you submit our highest bid at the auction?
- Can anyone bid on a vehicle if it is listed as “Dealer Only”?
- How can I find out when the live auction starts?
- Why did I receive a notice that my bid was no longer the highest after RideSafely’s bidding ended?
- What does the bid amount include?
- If I have created a “watchlist” of several vehicles that will be auctioned live simultaneously, how can I find out the run numbers for each saved vehicle ahead of the actual start time for live bidding?
- What is the interval between pre-bid and live auction?
- Deposit – How does it work if I am not the auction winner?
- Where do I make a one-time payment for bidding, and how much does it cost?
- How does the pre-bid process work?
- What does “auction pre-bid price” mean?
- What time zone are auctions held in?
- Is the amount I bid the only amount I will owe if my bid wins?
- Is this a true proxy bid system, or do I need to keep pressing the bid button once the vehicle goes live?