 |
Proxy Bids
Question: What is 'proxy bidding'?
Answer: When you enter a Proxy Bid the amount you have entered will control the bidding up to your specified amount.
Each time someone bids less than your Proxy Bid amount the system will show the current bid at their bid. If nobody places a bid higher than your proxy bid, a bid 1 increment above the highest bidder (the current bid) will be placed for you at the close of the auction.
In the event of your proxy bid been matched by another bidder at the time the auction closes you will be the winning bidder at the value of your proxy bid.
If your Proxy Bid amount is exceeded you will be notified by email that you have now been outbid.
Back
Scrap Cars, Sell Car For Scrap, How To Scrap a Car For Cash