When you "Bid" on Trucks or Equipment of ANY KIND, you put in a Proxity Bid at 1 week Prior to the Auction! Well, Auction Time Advertises they have "No Hidden Reserve" Meaning "No Minimum Price for Any Particular Piece of Equipment!
Yet, when you place a Bid, your Automatically "Outbid" For Vehicles, during the Actual Auctions themselves! "Bid Encrements" are in $100 Amounts! Everybody knows, when you ever "Bid on Something" at Auction, You ALWAYS Bid, "The LEAST AMOUNT"! Not the MAXIMUM AMOUNT" IF U Bid "The Maximum Amount you are "Willing to Pay", this then, is simply another way of having a "Hidden Reserve"!!
Because, when there's ONLY 3 or 4 Bidders (Less or More, just depending on, IF There IS Or IS NOT a "Bidding War" for something!) There's No Way, someone CAN BE "Outbid" Automatically!!! Unless, there is a Minimum Amount the "Seller" or "Auction House" "WANTS TO GET" for the Equipment, available!
Whatever THAT Equipment is; Construction Equipment, Trucks, Cars, SUV's, Etc. Now, I've seen this MOSTLY WITH Their "Heavy Truck Auctions"! The ONLY WAY a Person can become "High Bidder" seems to be, ONLY when you "Proxy Bid" a week in Advance!
I went to my 1st Auction when I was 7 years old an bought a "Cow Trought" for $5.00. For Watering Cows! I'm 50 an been going to "In Person" an "Online" Auctions, on/off ever since!!! That's 43 Years worth of "Auction Experience"!! So yes, THAT's A Ton of Experience with these things!
I've Never, until "Auction Time Online" EVER Dealt with "Bidding" or Auctions That "CLAIMED" THEY DID NOT HAVE ANY "HIDDEN RESERVE" THEN AUTOMATICALLY "OUTBID" A "BIDDER", IF THEY "FELT", A "BID" WAS TO LOW, FOR THE "SUPPOSED" "VALUE" OF THAT "AUCTION ITEM"!!!
THIS IS THE "VERY ESSENCE" OF A "HIDDEN RESERVE"! PERIOD!!! BECAUSE A "RESERVE" IS A MINIMUM AMOUNT THE AUCTION WILL "ACCEPT" FOR AN AUCTION ITEM (NOT JUST TRUCKS OR OTHER HEAVY EQUIPMENT, BUT ANYTHING BEING AUCTIONED!) WELL, THAT'S EXACTLY WHAT Auctiontime.com is doing! "Claiming" they have "No Hidden Reserves", Telling people, there's a "Bid Increment" of whatever, ($100, $50, $25) for people to Bid. But yet, If People's Bids are "Less Than" what auctiontime.com, "Feels" an item is worth!
Those people's Bids are AUTOMATICALLY OUTBID, AS A MATTER OF COURSE/POLICY!!! THAT'S WRONG, IT'S DIRTY BUSINESS AND IT'S THE VERY DEFINITION OF A "HIDDEN RESERVE"! YET THEY ADVERTISE "NO HIDDEN RESERVES"!!! THAT'S WRONG AND BASED ON THE "TRUTH IN ADVERTISING LAWS, ILLEGAL !!!
I bought a truck through Auctiontime and their seller robbed batteries out of it. I also bought a feed bunk I paid for august 4th. After I got rid of my livestock and no longer needed it, he delivered the feedbunk and 2 old batteries that don't hold a charge. In NOVEMBER. The worst part though, is their terrible bidding system. The website literally tells you when you have matched another bidders max bid. So anyone who puts in max bids, better plan on paying the max.
Their sellers have fake accounts that they bid from. I watched this seller bid up the truck that I bought $500 in $100 increments to stop after exactly tying my bid. I also have video of this happening on another auction from the same seller. They are con artists and jack the bids up where they get more commision and so does Auctiontime. Auctiontime is a terrible company with very sketchy sellers. Buyers beware.
When I reached out to them for help and brought up these concerns, they use the excuse that they aren't selling the item and the dispute is between me and their seller who didn't respond or answer his phone for 3 months. Then when I get on BBB and file a complaint, them and him both get in touch with me. Well their lousy attorney at least.
So it's BS that they aren't involved with their sellers and they do coach them to bid up to the highest max bid. My advice would be to use BigIron or a legitimate auction company over these scammers. If you must buy something from them, don't ever put in a max bid because that's what it will sell for 100% of the time.
AuctionTime.com Reviews
When you "Bid" on Trucks or Equipment of ANY KIND, you put in a Proxity Bid at 1 week Prior to the Auction! Well, Auction Time Advertises they have "No Hidden Reserve" Meaning "No Minimum Price for Any Particular Piece of Equipment!
Yet, when you place a Bid, your Automatically "Outbid" For Vehicles, during the Actual Auctions themselves! "Bid Encrements" are in $100 Amounts! Everybody knows, when you ever "Bid on Something" at Auction, You ALWAYS Bid, "The LEAST AMOUNT"! Not the MAXIMUM AMOUNT" IF U Bid "The Maximum Amount you are "Willing to Pay", this then, is simply another way of having a "Hidden Reserve"!!
Because, when there's ONLY 3 or 4 Bidders (Less or More, just depending on, IF There IS Or IS NOT a "Bidding War" for something!) There's No Way, someone CAN BE "Outbid" Automatically!!! Unless, there is a Minimum Amount the "Seller" or "Auction House" "WANTS TO GET" for the Equipment, available!
Whatever THAT Equipment is; Construction Equipment, Trucks, Cars, SUV's, Etc. Now, I've seen this MOSTLY WITH Their "Heavy Truck Auctions"! The ONLY WAY a Person can become "High Bidder" seems to be, ONLY when you "Proxy Bid" a week in Advance!
I went to my 1st Auction when I was 7 years old an bought a "Cow Trought" for $5.00. For Watering Cows! I'm 50 an been going to "In Person" an "Online" Auctions, on/off ever since!!! That's 43 Years worth of "Auction Experience"!! So yes, THAT's A Ton of Experience with these things!
I've Never, until "Auction Time Online" EVER Dealt with "Bidding" or Auctions That "CLAIMED" THEY DID NOT HAVE ANY "HIDDEN RESERVE" THEN AUTOMATICALLY "OUTBID" A "BIDDER", IF THEY "FELT", A "BID" WAS TO LOW, FOR THE "SUPPOSED" "VALUE" OF THAT "AUCTION ITEM"!!!
THIS IS THE "VERY ESSENCE" OF A "HIDDEN RESERVE"! PERIOD!!! BECAUSE A "RESERVE" IS A MINIMUM AMOUNT THE AUCTION WILL "ACCEPT" FOR AN AUCTION ITEM (NOT JUST TRUCKS OR OTHER HEAVY EQUIPMENT, BUT ANYTHING BEING AUCTIONED!) WELL, THAT'S EXACTLY WHAT Auctiontime.com is doing! "Claiming" they have "No Hidden Reserves", Telling people, there's a "Bid Increment" of whatever, ($100, $50, $25) for people to Bid. But yet, If People's Bids are "Less Than" what auctiontime.com, "Feels" an item is worth!
Those people's Bids are AUTOMATICALLY OUTBID, AS A MATTER OF COURSE/POLICY!!! THAT'S WRONG, IT'S DIRTY BUSINESS AND IT'S THE VERY DEFINITION OF A "HIDDEN RESERVE"! YET THEY ADVERTISE "NO HIDDEN RESERVES"!!! THAT'S WRONG AND BASED ON THE "TRUTH IN ADVERTISING LAWS, ILLEGAL !!!
I bought a truck through Auctiontime and their seller robbed batteries out of it. I also bought a feed bunk I paid for august 4th. After I got rid of my livestock and no longer needed it, he delivered the feedbunk and 2 old batteries that don't hold a charge. In NOVEMBER. The worst part though, is their terrible bidding system. The website literally tells you when you have matched another bidders max bid. So anyone who puts in max bids, better plan on paying the max.
Their sellers have fake accounts that they bid from. I watched this seller bid up the truck that I bought $500 in $100 increments to stop after exactly tying my bid. I also have video of this happening on another auction from the same seller. They are con artists and jack the bids up where they get more commision and so does Auctiontime. Auctiontime is a terrible company with very sketchy sellers. Buyers beware.
When I reached out to them for help and brought up these concerns, they use the excuse that they aren't selling the item and the dispute is between me and their seller who didn't respond or answer his phone for 3 months. Then when I get on BBB and file a complaint, them and him both get in touch with me. Well their lousy attorney at least.
So it's BS that they aren't involved with their sellers and they do coach them to bid up to the highest max bid. My advice would be to use BigIron or a legitimate auction company over these scammers. If you must buy something from them, don't ever put in a max bid because that's what it will sell for 100% of the time.