There are several types of auctions on this site, and the bidding for each type is different:
Online-Only Auction - Vehicles are listed for auction online ONLY, and are auctioned off eBay-style. Bidders must place their bids before the auction ends. Highest bidder wins. PLEASE NOTE - Bidders are allowed to place a Proxy/MAXIMUM bid in the system, allowing the system to bid on their behalf up to this maximum amount. If the vehicle sells for less than their maximum the bidder wins the auction at the last bid amount.
Pre-Bidding - Vehicles are listed for preliminary bidding online, which is conducted in the same manner as Online-Only Auction with bids accepted up to a certain time. At the end of pre-bidding the highest bidder's bid is taken and presented during the LIVE auction, which happens later on the same day. Again, bidders may place their MAXIMUM bid during pre-bidding. During the live auction this bid will compete against other bidders on premises. If the vehicle sells for less than the maximum then the bidder gets it for the last bid amount.
Sealed-Bid - Vehicles are listed for auction, but the highest bids are NOT displayed. Bidders are to submit their MAXIMUM bid up to defined time, and then wait for the results. If your bid is the highest, the vehicle will be awarded to you after the auction end for the amount of your maximum bid.
Notice: Only registered users may participate in the auctions on this site, to register please go to the Sign Up form and request an account. Upon successful registration your account will be reviewed, activated and you will then receive an email letting you know you are ready to login and start bidding.