At which time, all items are considered to be abandoned &/or forfeited to the Auction Co. Note that the purchase price is the sum of the bid price, buyer’s premium, buyer's fee, and sales tax if applicable. The non-refundable restocking fee (minimum $25.00 charge) will be applied when invoices are not paid in full within 5 days of auction date or no longer wanted. (Not Just Guns) RESERVES THE RIGHT to charge any credit card registered with your account up to 20% as a non-refundable restocking fee (minimum $25.00 charge) based on total purchase price during the auction or immediately following the auction. You will need to raise your pre-bid if you want to be in the winning position.Īll pre-bids will be tallied and shown when the auction actually begins. When you place a pre-bid, if you are notified that your bid is not higher than another user’s pre-bid this means that another bidder(s) has already placed a pre-bid equal to or higher the amount of the pre-bid you are attempting to place. You can monitor & view your bidding activity on items in pre-bid status from your Watch List. You may place a pre-bid through the same process as normal bidding. When an item status shows as “Pre-Bidding” this simply means that bids placed are not displayed on the auction site until the date the auction is scheduled to open.Īlthough there may actually be pre-bids placed on the item, an item in pre-bidding status will show # of bids placed as 0 and the current bid (required bid) will show as the opening bid. You can place bids on an item before the auction starts, this is especially helpful if you will not be available on the day of the auction. *Buyer’s premium and sales tax will be in addition to the winning bid amount. 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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