You were just outbid.
Remember to place your maximum bid rather than just the current minimum. That way, our system will automatically and continually bid the minimum for you; but only up to your maximum bid amount.
IMPORTANT - You are asking us to represent you at an upcoming private auction and bid on your behalf only up to the limit you set here. Accordingly, you should submit your MAXIMUM bid prior to the pre-bidding deadline noted above. Remember, current bid amount at close of pre-bidding is not a good indicator of the ultimate sale price. Sellers may have a reserve price set and another bidder may have a max bid set much higher than the current bid shown. Bid realistically.
Current bid equals the second highest bid plus the minimum bid increment. It is important to understand that another user may have a significantly higher, hidden proxy bid for this item. Furthermore, the seller may have a reserve price set, such that if the reserve is not met, the item will not sell. It is not advised to wait for the clock to run down to bid up. Nor should you assume a vehicle is about to sell for an unreasonably low price. Click here to understand how proxy bidding works.
Auctions utilize a proxy bidding system, whereby the system can automatically bid up the minimum amount necessary for one to be the high bidder, but only up to the max bid amount entered here. If you do not enter your maximum bid, you will be at a significant disadvantage to those who do.
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