Bidding Limits

To participate in auctions, a minimum deposit of $600 is required. The bid limit can be increased by submitting an additional deposit equal to 10% of the bid amount. This applies when bidding on multiple lots or placing bids exceeding $6,000.

The deposit is fully refunded after the vehicle has been paid for and removed from the auction lot — provided there are no active bids or outstanding balances. Only a deposit submitted by wire transfer can be applied toward the vehicle purchase price.