What is sale status?

Will any bid be accepted for a vehicle? - it depends on sales status.

Sales status indicates the type of auction for a given lot

Pure sale. The seller has not set a reserve price and the lot will be awarded to the highest bidder at the close of the live auction.

On minimum bid. The seller has placed a reserve price on the lot. If the minimum bid is not surpassed during the auction, the seller has until 8.00 p.m. PST one business day after the sale to accept the bid or decline the sale.

On approval. The seller has reserved the right to approve the final high bid achieved during the auction. The seller has until 8:00pm PST one business day after the sale date to approve the bid or decline the sale.

When you are the high bidder of an auction with a sale status that is either on minimum bid or on approval you must wait for the seller to accept, counter, or reject your high bid.