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Do vehicles have a reserve price or minimum bid?

April 26, 2017bid minimum price Reserve vehicles

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Do vehicles have a reserve price or minimum bid?

1 Answer

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Posted

Vehicles may be subject to a reserve price by the seller. In the event the high bid does not meet the reserve, the high bidder will be notified and given two options. 1) Agree to pay the reserve price. 2) Make a counter offer to the seller.