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Buy at the car auction

About the car auction     Sell at the car auction     About Autocom.dk    
   
 

How does maximum bid work?

Maximum bid obtains the best possible price for you. Autocom.dk automatically monitors your bids and ensures that you, as the highest bidder, get the car at a price equal to the second highest bid above the reserve price plus DKK 500. This may sound a bit cryptic, but can be easily illustrated using an example. A car is registered with a reserve price of DKK 75,000. This reserve price cannot be seen on your screen.A dealer bids DKK 73,000 for the car. In this case, the dealer's maximum bid is DKK 73,000, and the highest bid shown on the screen is DKK 73,000. The dealer will not get the car, as the reserve price has not been reached.You now bid DKK 78,000 for the car. Your maximum bid is DKK 78,000, but for the time being you are recorded as the highest bidder with a bid of DKK 75,000. Autocom.dk ensures that you do not bid more than the reserve price of DKK 75,000. If no other bids are made, you purchase the car for DKK 75,000.A third dealer bids DKK 77,000 for the car, which currently lists a highest bid of DKK 75,000. This dealer' maximum bid is DKK 77,000, but Autocom.dk immediately bids up DKK 500 on your behalf, giving you the highest bid of DKK 77,050. If no further bids are made, you get the car for DKK 77,050 and have saved DKK 950 in relation to your maximum bid. Naturally bids will never be entered for you beyond your maximum bid.

 
   

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E-mail: kundecenter@autocom.dk