Yes, a minimum price is set for all vehicles. This is a hidden price at which you are willing to sell your vehicle. The minimum price is always determined in consultation with our experts, based on market value, condition and expected buyer interest.
If the minimum price is not reached by the end of the auction, the vehicle will not be sold. You will, of course, retain ownership.
For a subsequent auction, you have the option to review or lower the minimum price to increase the likelihood of a successful sale.
