The owners RESERVE PRICE is the least amount of money that will be accepted to win the auction.

The RESERVE PRICE can be any of the following numbers:

PRICE - This is the sale price of the vehicle before any taxes. This is the traditional and default Reserve Price.

 

DOWN - Only dealers have the ability to list a vehicle with the DOWN PAYMENT being the Reserve. Generally this will be done for Buy Here Pay Here [BHPH] dealerships. THE FULL TERMS OF THE AUCTION MUST BE DISCLOSED IN THE "NOTICE" SECTION OF THE BID PAGE.

 

PAYMENT - This is the BHPH dealers Payment based on a 24 month term. THE FULL TERMS OF THE AUCTION MUST BE DISCLOSED IN THE "NOTICE" SECTION OF THE BID PAGE.