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How does the bidding system work?

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Written by James Dewhirst

We operate a sealed bidding system to provide transparency and a level playing field.

Here’s how it works:

  • A daily stock list is sent out at 5pm the night before an auction starts.

  • You can place your bids on that stock from 5pm to save time the next day.

  • Place a maximum bid.

  • Bids must meet or exceed the Reserve Price for a vehicle to sell during the auction.

  • Simply place your bids and once the Reserve Price is met, we’ll automatically bid on your behalf in increments of £1 until we reach your maximum bid.

  • Our daily auctions close at 3.30pm.

  • If the Reserve Price is met with your highest bid, then you’ve won the auction. If you’ve won the listing, you’ll see this at the end of the auction (e.g. 3.30pm Mon - Sat).

  • If the Reserve Price isn’t met, the highest bid is presented to the seller who has the option. We’ll contact these sellers to help negotiate a sale on your behalf.

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