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Auctioneer Essentials

Answer:

Selling vehicles is easy with Motovit. Before you list your vehicle, make sure you understand these important points.

Also, see How the Auction Works for detailed information on how to use Motovit.

You can sell vehicles at Motovit in two ways: at auction or by placing simple ads. Make sure you know the difference between these options, and your obligations as a auctioneer, before you list your vehicle.

Make your reserve price the lowest price you'll sell for

If you're selling at auction, the reserve price on your listing should reflect the lowest price you're happy to sell your vehicle for.

Once bidding meets your reserve price, you'll be obligated to sell the vehicle for the highest bid you accept, so your reserve price matters. It can be as low as 1 EUR, or as high as you want!

Accept bids in good faith

Don't accept bids from bidders you don't want to sell your vehicle to.

Don't accept bids that are lower than the price you want for your vehicle.

Remember: if you're selling at auction and your reserve price has been met, you're obligated to sell to the bidder who makes the highest accepted bid.

Take care when you're accepting bids.

Motovit doesn't handle the exchange of money and vehicles

Motovit is a bit like a matchmaking site for vehicle buyers and sellers: we put you together, and help you work out if you want what the other party has to offer. But our involvement ends when the auction is completed: the rest is up to you.

Unfortunately, we're unable to help with the exchange of money or vehicles between buyers and sellers. We do automatically verify information on each vehicle.

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