Question 1

Is a bid binding?

Accepted Answer

Yes. Placing a bid is a commitment to buy at that price if you win and the reserve is met.

Question 2

What is anti-sniping?

Accepted Answer

Any bid placed in the final two minutes pushes the end time out by two minutes, so late bids can always be answered.

Question 3

What happens if the reserve isn't met?

Accepted Answer

The lot closes unsold. We'll often connect the seller and the high bidder to negotiate directly.

Question 4

What does it cost to list?

Accepted Answer

Sellers pay a flat listing fee once the lot is approved. There are no hidden success fees for sellers.

Question 5

What is the buyer's premium?

Accepted Answer

Winning bidders pay a percentage of the hammer price, with a minimum and a maximum. The exact figures are shown before you bid.

Question 6

Do you sell parts?

Accepted Answer

Yes — wheels, engines, trim, literature and memorabilia all run as their own lots.

Question 7

Who handles payment for the car?

Accepted Answer

Buyer and seller settle the vehicle payment directly. Bimmer-Bids does not hold funds in escrow.

Question 8

Can I cancel a bid?

Accepted Answer

No. Contact us immediately if you made a genuine error and we'll review it.

FAQ