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Bid Range $ | Increment $ |
---|---|
0 - 5 | 1 |
5 - 40 | 5 |
40 - 100 | 10 |
100 - 1,000 | 25 |
1,000 - 5,000 | 50 |
5,000 - 25,000 | 100 |
25,000 - 50,000 | 250 |
50,000 - 100,000 | 500 |
100,000 - 9,999,999.99 | 1,000 |
Note: The bid increment checkbox is selected by default.
Example 1: You checked the increment bid box and bid $15,000. Another bid of $15,000 has already been placed. Your bid is placed next at $15,100 because you checked the increment bid box. The car sells to you at no more than $15,100 (unless another Member bids $15,200 or more, either during pre-bidding or in the live online auction).