Bidding on an auction is done in specified increments. To bid, customers simply have to log into the website, place a bid in the bid box on the vehicle listing and click “Confirm”. The user with the highest successful bid "wins" the auction.
Set Increments are as follows:
- £25 for vehicles up to £500
- £50 for vehicles up to £2000
- £100 for vehicles over £2000
Once a bid has been successful and the vehicle has been "won" you will receive an email confirming this along with the PDF Proforma invoice and payment details. Payment is required within three working days.
If a vehicle has no reserve price set then the highest bidder will automatically be emailed an invoice for that vehicle.
Reserve Price Auction operates so the vehicle does not sell unless the highest bid meets or exceeds the reserve. Auctions which have a reserve price have this clearly indicated in the current price box on each listing. Once the reserve price is met the listing will change from “reserve not met” displayed in Red to “reserve met” in Green. (The reserve price is not disclosed to bidders until the reserve is met)
For vehicles with a reserve set:
- If you are the highest bidder but the reserve has not been met then you will receive a phone call from Auction4Cars within 2 working hours to discuss the vehicle and your bid.
- If you are the highest bidder and the reserve has been met then you will be automatically emailed a proforma invoice for that vehicle.
"Buy it Now" allows the customer to outright buy a vehicle from Auction4Cars for a set price. Where a "Buy it Now" is displayed on a vehicle listing simply click "Buy it Now" and you will be automatically emailed an invoice.
Proxy Bidding - Proxy Bidding is an automatic method of bidding that allows the customer to bid the maximum price they are willing to pay without having to sit and wait until the end of the auction, the bid is kept confidential and not posted. The system then places your bids for you as necessary to outbid your competition. Your Proxy will only bid one increment more than your competition, and will never bid more than your maximum. By bidding this way, you are sure not to pay to overpay at the end of an exciting auction.
Ask The Seller
At the bottom of every listing there is a "Questions/Answers" section where you can ask the site a question.
When submitting a question in reference to a vehicle listing simply type your question in the text box and click “Submit” the message gets sent directly to the site where the car is located. The site will respond by email ASAP. All questions and answers are posted on to the vehicle listing but the customer details are anonymous.