This means they are able to purchase any vehicle in country for the buyers. The live auction on their site is not open the public but anyone may participate in the preliminary bidding. They would collect the bids and present those during live auction.
As part of the bidding process, one should enter the maximum absolute bid and this is a proxy bid. When bidding at live auction or with insurance company they would try to get the vehicle at the lowest possible prices. They would bid against the other buyers incrementally up to the amount limits provided by the bidder. In some cases, in spite of having the maximum bids, companies, and insurance auctions tend to have reserve prices. This means that they might reject bid in spite of the bidder having the most offer.
In such cases, it is possible to re-auction the vehicle. Alternatively, the bidder might choose to increase the bid. The total price of purchase would be the actual auction sales price, with auction fee and the service fee of the broker or Insurance Auctions Inc. The site has fee calculator for obtaining a cost estimate. The bid represents total liability prior to fee additions as mentioned before. Ibidsafely reviews show that the site has to pay broker fee, administrative fee, agent costs, and sales bulk fee for obtaining the right prices.
The first step is registering as user on the website. After this, one can submit offers or bids on specialty units, motorcycle, or any vehicle on offer. The unregistered users can only browse the site and are unable to submit offers. The registered users can start browsing the inventory. Once the user finds any vehicle to their liking, they can view pictures and details.
When the users bid on car they are entering into agreement with the company for them to pursue vehicle purchase on behalf of the users.
About Ibidsafely.com
Ibidsafely has working relations with bonded and licensed affiliate brokers, the registered insurers. They purchase vehicles during catastrophes in a bulk package. This allows them to offer numerous vehicles at highly discounted prices. They have access to data not possible for the broker sites to have. The administration has the largest selection with care about end users, offering services similar to VIP concierge not available with the brokers.