Knowledge Base Tag: Preliminary 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?
- Is the preliminary bid or closed bid the final price, or is there more bidding involved?
- What does “Current Bid: Auction Preliminary Bid” mean?
- Does my prebid stay until auction time?