New user

The site will be down for maintenance from 23/04/24 19:00 BST British Summer Time for 4 hours


	Current auctions
	Autofind Stock Locator (13389) McLaren Automotive Online eAuction LHD (4) McLaren Automotive Online eAuction RHD (3) Dealer Exclusive Stock Auction Aston Martin eAuction Dealer Exclusive Stock Auction Dealer Exclusive Stock Auction

Buy at the auction

About the vehicle auction Sell your vehicle on the auction About Autorola.co.uk

How does maximum bid work?

Maximum bid obtains the best possible price for you. Autorola.co.uk automatically monitors your bids and ensures that you, as the highest bidder, get the vehicle at a price equal to the second highest bid above the reserve price plus £ 50. This may sound a bit cryptic, but can be easily illustrated using an example. A vehicle is registered with a reserve price of £13,000. This reserve price cannot be seen on your screen.A dealer bids £ 10,000 for the vehicle. In this case, the dealer's maximum bid is £10,000, and the highest bid shown on the screen is £10,000. The dealer will not get the vehicle, as the reserve price has not been reached.You now bid £15,000 for the vehicle. Your maximum bid is £15,000, but for the time being you are recorded as the highest bidder with a bid of £13,000. Autorola.co.uk ensures that you do not bid more than the reserve price of £13,000. If no other bids are made, you purchase the vehicle for £13,000.A third dealer bids £14,000 for the vehicle, which currently lists a highest bid of £14,000. This dealer' maximum bid is £14,000, but Autorola.co.uk immediately bids up £ 50 on your behalf, giving you the highest bid of £14,050. If no further bids are made, you get the vehicle for £14,050 and have saved £950 in relation to your maximum bid. Naturally bids will never be entered for you beyond your maximum bid.

Related questions
»	How do I become an approved dealer?
»	Why buy at Autorola.co.uk?
»	Who sells vehicles at the auction?
»	What price do you charge to buy a vehicle?
»	What should I do if there is residual debt/outstanding finance on the vehicle?
»	Is it possible to view the vehicle before I bid?
»	Why can't I see the reserve price?
»	When do I pay for the vehicle?
»	Am I entitled to cancel a trade?
»	What happens if the vehicle has not been described correctly?
»	Do I get the vehicle if I have the highest bid?
»	Am I entitled to examine the vehicle before I pay for it?
»	How do I bid?
»	Can I arrange for the vehicle to be transported?
»	Can I buy a vehicle once the auction has closed?
»	How does maximum bid work?
»	Why are the bids so low initially?
»	How can I manage the bids I have entered?
»	Is bidding free?
»	How secure is buying vehicle at the auction?
»	When can I bid on the vehicles?
»	How do I obtain the free email auction catalogue?
»	How can the auction save me time and resources?

Telephone support

Weekdays 09:00 - 17:30 | Telephone: 01625 507000
E-mail: customercentre@autorola.co.uk

Vacancies Terms and conditions About us Contact us Privacy statement Cookies

Your global online vehicle remarketing and business intelligence partner.
A leader in online remarketing and automotive IT solutions for professional used car and fleet management.

Wide range of online auctions for European and global vehicle vendors driven by our platform used by over 70,000 active buyers.

Vehicle Auctions Vehicle Inspections Compound Services

Customised solutions to fleet owners covering the specific needs in OEM, bank and leasing segments all over the world.

Lead time Management Vehicle Workflow Systems Fleet Services

The next generation of business intelligence and market insights software for the management of used vehicle inventories.

Improve market transparency Analyse, manage and reduce risks Optimise dealer network performance

Our international car auctions:

Current auctions

Buy at the auction

How does maximum bid work?

Telephone support