Questions and answers

Here we have collected answers to frequently asked questions to help you.

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  • ArrowRightIconWhat does reservation price mean?

What does reservation price mean?

The reserve price is the lowest price the seller is asking for the car. The reserve price is hidden from bidders, but it is always possible to see whether the reserve price has been reached or not. If a bid is placed just before the auction ends, the time for the auction is extended by each new bid, so that new bids can be placed.

Want to know more about reservation pricing? Check out our video here.

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