In order to use "BUY NOW" and "BID", you have to place a deposit on your account. The minimum deposit amount is $600 or 10% from the "BID/BUY NOW" amount.
In order to participate in
BidGoLive real-time bidding, you have to place a deposit on your account. The minimum deposit amount is $1,000 or 15% from the bid amount.
We require a deposit to ensure that you are making a sincere and truthful "Bid" or "Buy Now", as well as reserve the vehicle at the selling auction.
You can make a deposit in the "FINANCE" section of the "PROFILE" page by clicking "Make a Payment" and choosing your method of payment. Deposits can be made using your credit/debit card. If you, for any reason, do not wish to use your card, you have the option to make a bank wire transfer. You can find our bank wire instructions in your user's profile.
Please include your name or the dealer number in the description when sending a deposit, so we can properly credit your account.
Deposits are refundable within the first 12 months. After this period, the deposit becomes non-refundable and can only be used towards the purchase. All bank wire transfers will be refunded upon your request. In your "PROFILE" page, the bottom right you will see the link "Refund Payment", please follow the link and instructions so that we could process your refund. Transfer time for the bank wire transfer is 5-7 business days. Please note, we will deduct a bank wire fees of no more than $50 per refund if made by bank wire transfer. All credit card transactions will be refunded within 5 business days upon request of the customer. In your "PROFILE" page, the bottom right you will see the link "Refund Payment", please follow the link and instructions so that we could process your refund. Please note, we will deduct $0.35 (35 cents) + 3.8% of the amount as a refund transaction fee for every credit card refund.
If your "BID" or "BUY NOW" was not successful, your deposit can be used towards the next "BID/BUY NOW" or can be refunded to you upon your request.