In an eBay online auto auction, buyers enter the maximum amount they would be willing to pay for a vehicle and the system automatically places bids up to this value. The bidder who has the highest maximum bid wins the au... More » Technology Internet & Networking

An eBay auction starts when the seller creates a listing with a minimum starting bid and specific options for buying. Potential buyers enter bids during the set auction period. The highest bidder when the auction ends wi... More » Technology Internet & Networking

Insurance Auto Auctions allows registered buyers to bid and buy vehicles using flexible bidding options through its auto auctions, according to the company's website. Buyers can also join live auctions through I-bid Live... More » Business & Finance Insurance Vehicle Insurance

On auction sites like eBay, sellers list specific consumer goods for sale, sometimes with a minimum bidding price, and interested consumers place bids until the auction is over, at which time the highest bid "wins" and t... More » Business & Finance Corporations

When buying a used tow truck from eBay or any other online auction site, buyers should consider the condition of the vehicle as well as its available features. Depending on its intended use, the buyer should look at the ... More » Vehicles Buying & Selling

Individuals who sell guitars or other products on eBay are not in physical danger since they ship products instead of meeting buyers in person. However, eBay has a reputation of favoring buyers during disputes, according... More » Technology Internet & Networking

Buying a car at auction involves registering for an auction, placing one or more bids on the desired vehicle, and shipping or driving it to its destination. Keep in mind that sales tax is owed on cars bought at auction. ... More » Vehicles Buying & Selling