Tag: Same Bid
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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