Some auctions are listed as "On Minimum Bid" and "On Approval", which means the seller has placed a reserve price on the vehicle. If the final bid at the end of the live auction is lower than the seller's reserve price, the vehicle may not be awarded to you automatically.
For example, if you place a Maximum Bid of $10,000 and at the end of the live auction your high bid is $7,000, but the seller's reserve price is $8,500, you may not be awarded the vehicle because your high bid ($7,000) is less than the seller's reserve price ($8,500). But do not worry – the AutoBidMaster Buyer Services Team is here to help so you do not miss your chance to buy your vehicle!
By checking this box, you authorize the AutoBidMaster Buyer Services Team to negotiate directly with the seller on your behalf to purchase the vehicle for an amount less than or equal to your Maximum Bid or the seller's reserve price (whichever is less). The AutoBidMaster Buyer Services Team will negotiate in small increments in an effort to obtain the best possible price for you. If you have any questions, please refer to our FAQ section or contact the AutoBidMaster Buyer Services Team.