Knowledge Base Tag: Proxy Bidding
- Does winning a bid mean I’ve actually purchased the vehicle, or do you submit our highest bid at the auction?
- 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 is the interval between pre-bid and live auction?
- 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 does proxy bidding work?