When your vehicle or object has a minimum price, Route 66 Auctions sets the starting bid strategically based on the type of object, its market value and expected bidding behaviour. This helps generate early interest and ensures a strong start to the auction.
Bids below the minimum price are completely normal — they help activate the auction, attract more bidders and build momentum. Most auctions start with lower bids that increase as the auction progresses.
The starting bid is intentionally set at an attractive level for buyers, while your minimum price protects you from selling below your desired value. This strategy is based on market research and typically results in more bids and a stronger final outcome.
Throughout the auction, it is clearly indicated whether a bid is below or above the minimum price. This ensures bidders know exactly when their bid has reached the minimum price and the vehicle will be officially sold.