This will give bidder 19 minutes to place another bid. When another bid is placed at 8:01 the auction will extend until 8:20pm. When this bid is placed the ending time will automatically extend to 8:10pm. An auction is scheduled to close at 8:00pm. Dynamic bidding - The dynamic bid on this website is a feature that does NOT allow an item to sell at the end of the auction until there is 10 minutes of bidding inactivity.
All times based on Eastern Standard Time. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. reserves the right to close early or extend auctions at any time at its discretion. Posted closing times and displays of Auction Co.'s current time are approximate. All information and descriptions contained in advertising this sale are believed correct, but no responsibility is assumed by Auction Co., or Seller for any errors or omissions. BUYER understands that any description given, written on the equipment, or advertised by any other means is not guaranteed, and BUYER will rely entirely on their own inspection. BUYER also agrees that any oral representation made by the auction company or its agents shall not modify these "AS IS - WHERE IS WITH ALL FAULTS" terms. BUYER agrees that these terms as well as all other terms set forth below, can be amended or revised only in writing, signed by the auctioneer. No bids can be withdrawn once submitted before, during or after the auction for any reason. All buyers are urged to physically inspect the item prior to bidding during the inspection period. All sales are made on an AS IS - WHERE IS WITH ALL FAULTS basis. Please note that all sales are final regardless of the purchase items condition, unless the discretion of an Manager deems differently.Īll items sell AS IS - WHERE IS WITH ALL FAULTS and with no warranty of any type expressed or implied as to the merchantability or fitness for any particular purpose of any goods offered in this sale. Sometimes we do know and list the condition of the items, but many times do not. The working/running condition of an item may not be known and may not always be listed in the items description. All items are sold "as is where is", with NO guarantee, warranty, or possible refund written, expressed, or implied.
*Buyer’s premium and sales tax will be in addition to the winning bid amount.Īll high bids are considered legal binding contracts and all sales are final. The high bid is $25 with Bidder #1 in high bid position because Bidder #1 placed the $25.00 auto bid before Bidder #2. Bidder #2 places an auto bid for $25.00 (same amount as Bidder #1 auto bid) Bidder #1 places an auto bid of $25.00.Ĥ. The high bid is $30 because Bidder #2’s auto bid was exceeded at an increment equal to $5.Ģ. Bidder #2 places an auto bid for $25.00īidder #2 - $25 (maximum auto bid placed) No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00Ĥ. Bidder #1 places an auto bid of $77.00.ģ. Minimum bid is $10.00 with a $5.00 bid increment.Ģ. The high bid is $25 not $28 because Bidder #2’s auto bid was exceeded at an increment other than $5.ġ. Bids would compete with each other as follows:īidder #2 - $23 (maximum auto bid placed) Bidder #2 places an auto bid for $23.00.ĥ. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00.Ĥ. Bidder #1 places an auto bid for $77.00.ģ. Minimum bid is at $10.00 with a $5.00 bid increment.Ģ.
If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.ġ. The auto bid will increment up only with competing bids until either the item completes with you as the high bidder, or until your auto bid has been exceeded by another bid. Your auto bid will not “jump” to the maximum amount. You are the only person that can see your auto bid amount (displayed in your Watch List). The auction company or other bidders do not have access to see your auto bid amount. Based on your Account Preferences for notification, you may be notified whenever your auto bid increases &/or when it is exceeded. Automatic Bidding (auto bid) option makes bidding convenient allowing you to enter the maximum bid amount* that you are willing to bid on an item.
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