How it works?

• 1. The admin of the website has the power to create new auctions when needed.
• 2. Users interested in an auction will have to pay a deposit of $XX in order to register a valid offer for the auctioned car; after making the deposit, a user will be able to place an unlimited number of bids.
• 3. Every user will be notified when he or she will be outbid.
• 4. The auction will unroll within a defined time frame and the bidder that offers the highest price will win the action;
• 5. The winner of the auction will have the possibility to pay the difference for the won car (which is the difference between the made deposit and final price of the auctioned car), online or offline;
• 6. There is the possibility for a user to directly purchase an auctioned car without going through the auction process, by selecting the “Buy Now” option. In this case, the auction will stop, all existent bids will be refunded, and the buyer will have to pay the asking price of the car;

If you need customized solutions for your auction, don’t hesitate to contact our team, as it has the skills and knowledge required to meet your specific requirements.

Do have in mind that the features presented above are just general aspects of our framework. We are well aware of the fact that these features may not provide all the support you need to properly run your auction business. This is why we strongly recommend to contact us, as we can provide the desired level of customization.