The Live Auction Experience (Bidding, Comments & Livestream)
Once an auction goes live, bidders compete in real-time with a dynamic bidding interface, community comments, and
optional livestream.
Placing a Bid
1. Open the auction listing
2. Enter your bid amount (must be higher than the current bid + minimum increment)
3. Click Place Bid
4. Your bid is submitted immediately
Bid Increments
Minimum bid increments increase with the current price:
- Under $1,000: $50 increments
- $1,000-$10,000: $100 increments
- $10,000-$50,000: $250 increments
- Over $50,000: $500 increments
Comments Section
The auction page includes a community comment section where:
- Potential bidders ask questions about the vehicle
- The seller responds with additional details
- Community members share opinions and information
Active comment sections increase auction engagement and often lead to higher final bids.
Livestream
Some auctions include a live video component. When available, the livestream shows the vehicle in real-time — cold
starts, walk-arounds, and Q&A sessions.
End of Auction
When the timer reaches zero:
- If the highest bid meets or exceeds the reserve → Sold
- If the highest bid is below the reserve → Unsold (seller may negotiate with the highest bidder)
Frequently Asked Questions
Can I retract a bid?
Bids are generally binding. Contact platform support if you need to discuss a bid retraction.
What prevents sniping (last-second bids)?
Many auctions have a soft-close rule: if a bid is placed in the final minutes, the clock extends to give other bidders
time to respond.