Tag: fast bid

How to Bid on an Open Bid Sale

In this video we will show you how to use Auction Simplified to buy cars with that are running under the Open Bid style. Open bid allows you to bid at any time during the bidding period. You can bid three ways, Small increments at a time with the quick bid feature, Buy Me Now, (if offered) allows you […]

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Auction Viewing Day

What is Dealer Wholesale Viewing Day?

This is the day or days a selling dealer opens up their wholesale lot for buyers to view and bid on their wholesale cars. They will have the cars and keys ready for you to inspect and drive if needed. Its very important that we are respectful of the the dealer and only visit on […]

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quick bid

What is Quick Bidding

Quick Bidding To help you avoid being outbid, we offer Quick Bidding feature.  With simply the click of a button  “Quick Bidding” will automatically raise your bid by one increment (the increments are preset by the software and vary based on the price of the car). To use Quick Bidding, you need to be signed […]

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What Happens with Duplicate Bids

What Happens If Two Bids Come In at the Same Amount?

Our rules for dealing with duplicate bid amounts are simple; the first one to bid the amount wins. Proxy Bid Example: Current Bid is $2,400 Emily proxy bids $5,000 on a vehicle Which makes the current bid $2,500 Frank proxy bids to $5000 (the same amount as Emily’s high proxy bid) The automatic bidding system […]

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