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Can I retract my bid ?

Answer:

No. Once you've made a bid on a vehicle, you can't retract it. All bids are legally binding.

When you place a bid, you commit to buying that vehicle for the price of your bid if the auctioneer will accept it. Make sure you do all your research on a vehicle before you make a bid.

Once the auctioneer has accepted your bid, you cannot retract it. If your bid wins the auction, you are legally obliged to purchase the vehicle for the price you bid.

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