The bidding process is done strictly online, and is divided into two parts: The Preliminary Bid and The Live Auction.
At SalvageAutosAuction.com you can make preliminary or pre-bids, before and during the live auction, up to two minutes or two units before the vehicle appears in the bidding block. When you pre-bid, you make an incremental value offer on the vehicle before the sale. Your pre-bid will be represented during the live auction and could be the winning bid if no other bidder submits a higher bid during the pre-bid or live auction. Please note that when there is a tie between the preliminary bid and the live bid, the virtual (live) bidder prevails as the highest bidder for the vehicle. The pre-offer is open to all SalvageAutosAuction.com members who meet the minimum deposit requirements.
From the Live Auctions menu, click Join Auctions and bid from your computer by selecting one of the automatic increments or by entering your own amount (Monster Bid). Compete against the other Members to become the highest bidder, and your highest bid when the circular ticker stops, you win the vehicle.
At this time, Sellers who have set a minimum bid amount or declared the vehicle as Sold Awaiting Approval may counter bid directly to the highest bidder after the auction ends. Even if Seller does not counter bid on these vehicles, the highest bid remains subject to Seller’s acceptance until 6pm PST the business day following the auction.
Avoid the auction on certain vehicles marked Buy Now. Although you will be able to bid on these vehicles if you wish, buyers will also be able to purchase these vehicles immediately for a predetermined price. After clicking the Buy Now button, you will be directed to the page with the invoice that you will have to pay within 3 business days. If the invoice is not paid to us by wire transfer or direct deposit within the stated time, the lot will be relisted and you will forfeit the Security Deposit, plus you will have to pay a Cancellation Fee. Please have the funds available before purchasing the vehicle.