Knowledge Base Tag: Auction Bidding
- What does “Sold on Approval” mean?
- What is the maximum total sale price?
- Can I attend and bid at a live auction?
- 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?
- 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?
- Where do I make a one-time payment for bidding, and how much does it cost?
- 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?
- Can Texas residents bid on cars in Texas?
- If I bid $100 and no one else bids, do I get it for $100, or does the seller have to approve the bid?
