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Price

The reserve price is a pre-set minimum price required for your Vehicle to sell at auction.

For example, if your reserve price is set to $10.00 , you Vehicle will only sell if the highest end bid is at or above $10.00.

Conversely, saying No to a Reserve or setting a No Reserve auction your Vehicle will simply sell to the highest bidder, regardless of the amount.

Selling with a reserve can help protect the seller and ensure they receive a certain minimum price for their Vehicle.

Selling with no reserve can help sellers garner more interest in their Vehicle. In addition, selling without a reserve can help sell the Vehicle for a higher price point due to the increased volume of buyers who prefer to bid on No Reserve auctions.

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