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What does “Sale Status” mean—Pure Sale, On Approval, Minimum Bid?
What does “Sale Status” mean—Pure Sale, On Approval, Minimum Bid?
Stacy Denver avatar
Written by Stacy Denver
Updated over a year ago

The Sale Status of a vehicle indicates the terms of the sale set by the seller.

  • Pure Sale– There are no special terms for the sale. The highest bidder will win the vehicle.

  • On Approval– The seller reserves the right to accept, reject or counteroffer the highest bid until 6 p.m. PST two business days after the sale.

  • Minimum Bid– The seller has set a minimum bid price for the vehicle. If the minimum bid price is not reached, the seller reserves the right to accept, reject or counteroffer the highest bid until 6 p.m. PST two business days after the sale.

Last Updated 8/24/23

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