Hi all,
I've been keeping a keen eye on things lately and noticing a huge slump, many cars going unsold etc. I am looking to find out, Do the auctioneers have limits set on their cars, like eBay, for example (And this is just example, don't take any note of pricing) Let's say there's a 34gtr auction starting at 1,500,000Y. One person puts down a bid, and nobody outbids them. Would they then be able to take the car at that price (plus compliance etc) or do the owners set limits. Ie - "I won't let my car go unless the auction goes above 2,500,000Y"
Anyone with experience here, I would greatly appreciate your input!
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Regards