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What Are My Next Steps if I Win the Auction On the Minimum Bet/On Approval?

Participants in a "Minimum" or "Approval" auction are waiting for the seller's decision. The seller must review and either accept or reject the participant's bid.

After a "Minimum Bid" auction ends, the seller has until 20:00 Pacific Time (PT) within one business day after the auction closes. During this period, the seller may accept the bid, decline it, or submit a counter-offer.

After an "Approval" auction ends, the seller also has until 20:00 Pacific Time (PT) within one business day after the auction closes to make the same decision.

While the bid is under review, the buyer may:

  • accept the proposed minimum bid;
  • leave the current bid as is;
  • increase the bid by one increment if it is not yet at the maximum.

On the auction website, the buyer can increase their bid or accept the seller's counter-offer.

Important: the buyer is obligated to purchase the vehicle if the seller approves their bid during the review period.