Tag: Proxy

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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types of auctions

Types of Dealer Auto Auctions Available from Auction Simplified?

Open Online Bidding : With open bid auctions you can place bids online up until the date/time the auction closes. Bids may be placed manually, through “Quick Bids” or by placing a Proxy bid. Bids can be made online or on the Auction Simplified App, available for IOS and Android. At the end of the auction […]

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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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