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Do you have to pay a fee to bid on a car at a government car auction?
The winner of the car does not pay a bid. the person who lists the car at auction pays a percentage of the sale for the right to list at auctions.
What is meant by winning bid at an auction?
If you have the winning bid at an auction, then you have won that item with the bid you placed. After you pay for the item, it will be transferred to you.
What happens if you bid at an auction and don't pay?
If you bid at an auction and don't pay, you may face consequences such as being banned from future auctions, legal action, or having to pay a penalty fee. It is important to honor your bid and pay for the item you won at an auction.
If your car is reposessed do you have the right to bid for it at auction?
If your vehicle is being sold at a "Public" auction where anyone can go in and bid - then yes you can bid and/or buy your vehicle. Keep in mind that - if for instance - you owe $5000.00 and you buy your car back at auction for $3000.00 - you will still owe the lender the $2000.00 difference. In other words - you are not going to be able to get by on purchasing your vehicle at auction for less than what you owe and then not have to pay the rest to the lender.
My car got repossess do i still have to pay for it?
when they take your car it go's to a auto auction not in your home town and if it does then you have the right to bid on it. anyway they auction it off and you could be libal for the balance after the auction price. If you knew you were going to lose it and gave it back or called and said come and get it more less you will not pay anything.
In listia when you bid on something do you have to pay?
I looked this up and couldn't even find the site. If you bid on any auction site and win you do have to pay for it.
What are the rules used for an eBay auction?
The rules for an eBay auction are that you can't bid if your information is invalid. You must pay for the item that you buy. You must bid if you are intending to buy the item. You can't bid for your own item.
Is winning a bid at an auction a contract?
Yes, it is a contract. You agree to pay the price, plus the additional buyers fee when you bid.
What is the value of an old dresser How can I find out?
put it up for auction and bid on it yourself or have a friend bid. the price you pay will be its approximate value.
Are you charged 60 for every bid you place on the same item?
You are not charged for bidding. If you win an auction (are the highest bidder) you pay what you bid. The seller is charged not the buyer. You pay for the auction price and shipping unless shipping is free then the seller pays for the shipping too.
What happens if you win an auction and can't pay?
If you win an auction and can't pay, you may face consequences such as losing the item, being banned from future auctions, or legal action by the auction house or seller. It is important to only bid on items you can afford to pay for.
How do eBay bizarre auctions work?
In the same way that any auction works on the site. You place your bid, other members generally bid against you and the highest bidder when the auction ends is the winner and the winner has to pay for their item.
