Using Auto-Bid to Set a Max Price on a Vehicle

Joyride’s auto-bid functionality makes it easy to win vehicles without having to participate in a live auction. Here’s how: 

• Prior to a live auction, click the Create new automatic bid button and set a maximum bid amount.

• Automatic bids must be entered in $25 increments. 

• To confirm your bid, click Set Automatic Bid Max. 

• If you wish to change or cancel your automatic bid, click Edit Automatic Bid.

• From there, you can chose to change or cancel your automatic bid. 

• During a live auction, this max bid will automatically take the winning bid by the minimum increment. 

• Example: If the current bid is $550 and you set a max bid of $1000, the system will automatically submit a $575 bid for you.   

• You will automatically bid over competing bids by the minimum incremental amount until your max bid price is met. 

• Example: If you have set a max bid at $1000 and the current highest bid is $575, but a different buyer bids $600, the system will automatically place a $625 bid for you.  

• Once a max bid price is set, it can be removed as long as your max bid price is not the current winning price. 

• If you are the current winning bidder at a lower price than your maximum bid amount, your max bid can be removed so no further automatic bidding occurs, but you will continue to be the current winning bidder. 

Thanks for reviewing our article on auto-bidding. Our goal is to provide the best user experience during Joyride’s public vehicle auctions!