The auto bid will increment up only with competing bids until either the item completes with you as the high bidder, or until your auto bid has been exceeded by another bid. If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.ġ. Minimum bid is at $10.00 with a $5.00 bid increment.Ģ. Bidder #1 places an auto bid for $77.00.ģ. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00.Ĥ. Bids would compete with each other as follows:īidder #2 - $23 (maximum auto bid placed) Bidder #2 places an auto bid for $23.00.ĥ. The high bid is $25 not $28 because Bidder #2’s auto bid was exceeded at an increment other than $5.ġ. Minimum bid is $10.00 with a $5.00 bid increment.Ģ. Bidder #1 places an auto bid of $77.00.ģ. Bidder #2 places an auto bid for $25.00īidder #2 - $25 (maximum auto bid placed) No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00Ĥ. The high bid is $30 because Bidder #2’s auto bid was exceeded at an increment equal to $5.Ģ. Bidder #2 places an auto bid for $25.00 (same amount as Bidder #1 auto bid) Bidder #1 places an auto bid of $25.00.Ĥ. The high bid is $25 with Bidder #1 in high bid position because Bidder #1 placed the $25.00 auto bid before Bidder #2. *Buyer’s premium and sales tax will be in addition to the winning bid amount. Buyer's Premium TextĪuction Company lists the options that the item may have, however all options have not been tested or verified to be in working condition. Operating condition of vehicles (including autos, trucks, semis, recreational, etc.) and/or options of same, Auction Company does not conduct a road test, nor are the vehicles inspected for mechanical defects. Testing is limited to driving vehicle within our auction facility lot only. Please rely on your own inspection prior to bidding.Īll high bids are considered legal binding contracts and all sales are final. All items are sold 'as is where is', with NO guarantee, warranty, or possible refund written, expressed, or implied. The working/running condition of an item may not be known and may not always be listed in the items description.

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