The initial security deposit is $400 or 10%, whichever is the greater of the total amount you would like to bid. A $400 deposit enables you to bid up to a total of $4,000 on one vehicle. If you wish to bid more than $4,000 or make bids on two vehicles simultaneously, then you would need to increase your security deposit according to our buying power calculator.

Last Updated 6/29/21

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