List your vehicle in Auction
Set your hidden reserve price
Set your Bid Closing Date and Time
Set your custom notifications
Vehicle will be reviewed and put into auction
No charges for listing of vehicle
Step by Step guide how to sell your car
You will 100% of listed price
Buyers Pay 250$ hold fees is put bid
CarXstream charges buyer $200 as platform fees
Register yourself to Bid
Do check the vehicle information
You can chat with the seller for clarifications
Join Verified customers list
Only Winners will be charged 250$ hold fees
Hold fees for non winners will be released after the auction closes
Use our safe and secured payment method
You facilitate your own financing option ahead of time
Complete your Transaction with one click
Order your transportation on CarXstream or self pick up
Regardless of the type of auction, you'll typically need to register as a bidder. This involves providing personal information and agreeing to the auction's terms and conditions. Registration may be done in person for live auctions or online for internet auctions.
Once registered, you're ready to start bidding. In a live auction, the auctioneer will announce the starting bid for an item, and participants will compete by raising their paddles or otherwise signaling their bid. In online auctions, you place your bids electronically through the auction platform. Silent auctions often involve writing down your bid on a sheet of paper.
Auctions have predefined price increments, and each bid must meet or exceed above the previous bid. Request to put bid with responsibility. If you are backing a high bid you will be losing hold fees.
Some items have a floor price, which is the minimum amount the seller expects as a starting bid. If the bidding doesn't reach this seller's expected price, the item may not be sold. The floor price is usually disclosed to bidders.
Auctions have a set ending time or go through a 'going once, going twice' phase for live auctions. If no new bids are made before the final call, the highest bidder wins the item. In timed auctions, a countdown timer is set, and the highest bid when the timer expires wins. The Highest Bidder will be charged a $250 hold fee. If the highest bidder does not finalize the sale with the seller, they will forfeit the $250 bid deposit fee. In the event that the seller decides not to proceed with the sale, your $250 bid deposit fee will be refunded.
Highest Bidder can continue the buy process for completing the sale and picking the vehicle once all steps are completed.