Tag: Payment
Small Fees

What Are The Wholesale Auction Fees?

There is absolutely no seller’s fee in the Auction Simplified Marketplace. Even the buyer’s fee is incredibly reasonable.  Buyer fees are regional  and are set by the dealership. Check the dealer’s auction website for details. For a list of dealer auction websites, click here. The Maximum buyers fee in the Auction Simplified market place is a […]

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Payment Options

How do I pay for the vehicle once I’ve won it?

Each selling dealer auction is different so read sellers terms before bidding. Once you’ve won the auction or a Buy Me Now a confirmation notice will be e-mailed to you. You will need to pay the selling dealer the winning amount plus the buyer fee noted on the notice.   As a auction marketplace, Auction Simplified cannot accept […]

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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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