Auto Bid is available when unit is posted online up until lot opens for LIVE bidding.
Any changes to an Auto Bid are allowed up until 1 hour before the sale after which only increases in the Autobids are allowed until the unit is opened for bidding.
Once the AuctionNow Auction has started and this vehicle is open for bidding, Auto Bid will competitively bid in your dealerships name until there are no competitors still bidding against you OR until the dollar value submitted here is reached.
Other competitive bids may affect the acceptance of your bid by the auctioneer. The auctioneer decision is final.
Only the top Auto Bids will be taken to the auction and tie Auto Bids are not allowed. Should only one autobid exist on a vehicle, the single bid may deploy at 70% of the tendered amount.
When there are more than one (multiple) Auto Bids for the same unit, ‘High Pre-Bid’ column on the run list will display second highest Auto Bid plus standard bidding increment.
If your Auto Bid is higher than “High Pre –Bid” both ‘High Pre Bid’ and Auto Bid are displayed in Green. If your Auto Bid is less than ‘High Pre-Bid’ then High Pre-Bid and Auto Bid are displayed in Red.
If any information on the condition report (excluding Run Number and Images) is updated after your Auto Bid is submitted, your Auto Bid will be automatically removed and you will be notified of the removal via the email address entered at the time of submission.
All Auto Bids will be rounded to the nearest $25 for bids under $500, rounded to the nearest $50 for bids between $500 and $2,000 and rounded to the nearest $100 for bids over $2,000.
Placing an Auto Bid does not guarantee unit being awarded.