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2. Auto auction - Wikipedia

   en.wikipedia.org/wiki/Auto_auction

   Contrary to popular belief, cars seldom sell for unreasonably low prices at dealer auctions. This may happen if there are not enough interested bidders or if the vehicle is exceptionally unattractive and should not be taken for granted. Many sellers put reserve prices on their stock specifically to prevent this from happening. The reserve price ...

3. No-reserve auction - Wikipedia

   en.wikipedia.org/wiki/No-reserve_auction

   A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2]From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a bargain. [1]

4. 6 Cars Under $20K That Attract the Most Attention ... - AOL

   www.aol.com/6-cars-under-20k-attract-110040339.html

   Cars & Bids price: $13,600. The Maserati Quattroporte offers a unique opportunity to own a car from this luxury brand for a fraction of its standard pricing. Specifically noting the model sold in ...

5. List of most expensive cars sold at auction - Wikipedia

   en.wikipedia.org/wiki/List_of_most_expensive...

   [2] The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a Bonhams auction held at Olympia in London on December 3, 2007. [3]

6. Auction - Wikipedia

   en.wikipedia.org/wiki/Auction

   Alternatively, if the seller has set a minimum sale price in advance (the 'reserve' price) and the final bid does not reach that price the item will remain unsold. [2] Sometimes the auctioneer sets a minimum amount, sometimes known as a bidding increment, by which the next bid must exceed the current highest bid. [ 2 ]

7. Unusual eBay listings - Wikipedia

   en.wikipedia.org/wiki/Unusual_eBay_listings

   The minimum bid was US$3 million and the sale closed January 16, 2003. [2] The city of Carlotta, California was up for auction on eBay in February 2003. [3] In September 2004, the Indiana Firebirds arena football team was auctioned off, first in a regular auction that failed to reach the reserve price, [4] and again as a "Buy it Now" item for ...