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  2. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.

  3. Buyer's premium - Wikipedia

    en.wikipedia.org/wiki/Buyer's_premium

    In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.

  4. Proxy bid - Wikipedia

    en.wikipedia.org/wiki/Proxy_bid

    Proxy bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment. It differs from a Vickrey auction in that bids are not sealed; the "current highest bid" (defined as second-highest bid plus bid increment) is always displayed.

  5. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    Unlike in a conventional auction, the final price is typically much lower than the value of the item, but all bidders (not just the winner) will have paid for each bid placed; the winner will buy the item at a very low price (plus price of rights-to-bid used), all the losers will have paid, and the seller will typically receive significantly ...

  6. What Is Dealer Invoice Price and How It Can Help (or Hurt ...

    www.aol.com/dealer-invoice-price-help-hurt...

    Here is an example dealer sheet from a Subaru store that highlights the invoice and MSRP on a brand-new Forester: Tom McParland The total MSRP with the destination for this model is $32,385.

  7. 10 of the Most Expensive Items Ever Sold on eBay

    www.aol.com/10-most-expensive-items-ever...

    Luxury Is Calling. One man’s trash is very often another man’s treasure on eBay, which has been selling head-scratching items since 1995. But eBay is a place for a lot more than just cheap ...