What is the amount of the deposit required?

The minimum deposit to participate in the bidding is $600. This deposit allows you to bid for one vehicle; the maximum bid will not exceed $6,000 (your bid power).

If you wish to bid on multiple lots, or bid on a car worth more money (higher than $6,000), you’ll have to increase your bid power. The deposit must be at least 10% of the maximum bid.

For example, for a bid of $8,500, you will need a deposit of at least $850.

For a bid on two vehicles you need a deposit of $600*2 =$1,200 (minimum of $600 per vehicle).