Knowledge Base Tag: Preliminary Bidding
- Does winning a bid mean I’ve actually purchased the vehicle, or do you submit our highest bid at the auction?
- 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?
- If a vehicle is sold for less than my higher bid, do I pay the lower amount?
- If I have the highest bid at the end and there’s no live bidding, do I automatically win?
- 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?
- How does the pre-bid process work?
- What does “auction pre-bid price” mean?
- Is this a true proxy bid system, or do I need to keep pressing the bid button once the vehicle goes live?
- How do you participate in a live auction after bidding on a vehicle?
- How do I delete a bid?
- When do preliminary bids need to be submitted to participate in the auction?
- When does the auction take place after preliminary bidding has closed?
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