Standing Bids (Automated Offers)
Automate your inventory acquisition with rule-based bidding. Set your criteria, and let the platform source vehicles for you.
Binding Commitments
When a Standing Bid triggers and a seller accepts, it creates a binding agreement to purchase the vehicle, subject only to a final physical inspection confirming the seller's condition report.
What is a Standing Bid?
A Standing Bid is a rule you create that automatically places a cash offer on matching vehicles when private sellers submit them to the platform. It helps you acquire specific inventory without manually monitoring the feed.
Setting Up Rules
In the Standing Bids section, you can define criteria such as Make, Model, Trim, Year Range, Maximum Mileage, and the exact dollar amount you are willing to pay for a matching vehicle.
Managing Your Bids
You can pause, edit, or delete a standing bid at any time. When a bid triggers and a seller accepts, you will be notified immediately to proceed with the closing process.