Follow a manual added linkMany people bid
Bid fees are pooled
Once the reserve is met
Follow a manual added linkMany people bid
Bid fees are pooled
Once the reserve is met
1
Many people bid
($5 per bid)
2
Bid fees are pooled
to cover the cost of the cars
3
Once the reserve is met
the last highest bidder wins
Place Your Bid
Win Your New Car uses bid pooling to collect money to pay for the cars. Bidders pay $5 for every bid. Once the reserve is met the last highest bidder wins the car just like a traditional auction. Unlike a traditional auction the winning bidder does not need to cover the entire cost of the car.
