To use AutoBidMaster, you need to register for a membership and pay a refundable security deposit. After registration, you have an active Bidder Account and you can start bidding. You can only purchase one car and have one active bid at a time if you are on a Starter Membership but if you are on a Preferred Membership, you can buy more than one car. You can only pay for a vehicle through a bank wire transfer.
After becoming a member of AutoBidMaster, you receive an email containing a member login and a password that allows you to access your account. You can pay your security deposit and membership fee by using a debit or credit card or through a bank wire transfer. Once you submit a bid, you cannot retract, lower or cancel it
When you appear as a highest bidder in an auction, you must buy the vehicle or lose your security deposit. To buy more cars with a Preferred Membership, you need to pay an additional security deposit for every car you bid on. After winning an auction, you get an invoice and wire transfer instructions by email. You can only pay for a vehicle through a bank wire transfer.
To revoke your membership, go to My Account and access Membership under the profile section. Check the required selections and click the Save Settings button.