|News & Reviews|
|Instructions on bidding|
Bidding on Auta.com Auctions is easy. Just follow the instructions below:
The reserve price is the lowest price that the seller of the item which is being sold by auction is prepared to accept. The buyer is not shown the reserve price, it is a undisclosed minimum price that the seller will sell the item for. The seller is not obligated to sell the item if the reserve price is not met, the buyer and seller can contact each other and negotiate a selling/purchase price.
If you are bidding on an item - once you placed a bid, you will be told if you have met the reserve price or not. If it states that you are high bidder but reserve has not been met, this means that you have not won the item. You must keep raising your bid until it states reserve has been met, at this point the item will be sold to the highest bidder. If your high bid exceeds the reserve price, the accepted price for the item will be the same as the reserve price, unless someone else outbids you, then you must increase your bid.
When you see an auction listing featuring the Auta-Buy Price, you as a buyer have the option of purchasing that item for the price listed with the Auta-Buy Price.
Using the Auta-Buy Price is fast and easy.
The Auta-Buy price is available until the vehicle meets reserve price, then it is no longer available. If it is a No Reserve auction, the Auta-Buy Price will only be available when no bids have been placed on the item. After a bid has been placed, it will no longer be available.
|Canceling your bid|
After you place a bid on the auction item page, you'll be taken to a Preview Bid page. You can cancel your bid while on this preview page. You then have the option of changing your bid or aborting your bid and going back to the home page.
You cannot cancel your bid after you've confirmed it (e.g. after you have clicked on "Place This Bid"). You bid is then final; please do not bid on an item that you do not have the resources to pay for.
In case of emergency, if you placed a bid in error, there must be at least 12 hours left in the auction to cancel a bid. You will need to contact the administrator at Auta.com, you will also need to contact the seller and explain why the bid should be canceled.
Please note: It's at the seller's discretion whether or not to cancel your bid.
To bid on any item, the new bid submitted must be greater than the current bid. Below are the required increases of the bid. These amounts are automatically calculated in the minimum next bid. If you submit a higher maximum bid amount than the increment, and there are no other bids higher, your bid will only increase the required increment.
|Price of Item||Increment|
|$0.01 to $0.99||$0.05|
|$1.00 to $4.99||$0.25|
|$5.00 to $24.99||$0.50|
|$25.00 to $99.99||$1.00|
|$100.00 to $249.99||$2.50|
|$250.00 to $499.99||$5.00|
|$500.00 to $999.99||$10.00|
|$1,000.00 to $2,499.99||$25.00|
|$2,500.00 to $4,999.99||$50.00|
|$5,000 and up||$100.00|