How does automatic bidding work?
You set the maximum amount you're willing to pay for a lot. The system automatically places the lowest possible bid needed to keep you in the lead, up to your max bid.

If someone places a higher bid, automatic bidding raises your bid just enough to stay ahead, until your max bid is reached.

Can I cancel my automatic bid after I place it?
Bids that have already been placed are binding, but you can cancel at any time.
To cancel, place a new manual bid for the next minimum bid amount required to take the lead. This will override your automatic bid and cancel it.

Vehicle auction, including voluntary and originating from various bankruptcies

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