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Pre-bidding allows you to preview vehicles and place bids in advance of the live
physical auction. As other bidders submit bids, your bid is automatically
increased to the point that you become the high Internet bidder, or you are
outbid by someone else. The Electronic Auctioneer will notify you via e-mail if
you've been outbid. If so, you can quickly link to the Auction Center to check
the current high bid and recent bid history, and place a higher bid, if you
like. After online bidding closes, you will be notified via e-mail if you are
the highest Internet pre-bidder.
 If
you are the high bidder when pre-bidding closes, your bid will be represented
by proxy at the LIVE auction. Once local bidding exceeds your high Internet
bid, IAA will bid for you by proxy until you become the high bidder at the LIVE
sale and the vehicle is awarded to you, or until local bidding exceeds your
maximum bid amount.
Pre-bidding includes a number of very useful tools. For example, you can use the
Automatic Bidding feature by entering a maximum bid amount and the system will
automatically increase your bid as other bidders outbid you. Your maximum bid
amount is secret and not displayed to other bidders, so they don't know how
high you're willing to bid to get the vehicle.
You can also manage and track all of your open bids through Manage Bids. This
provides you with a snapshot of all your bid activity, bid amounts, the current
high bid and whether or not you are currently the highest bidder. Convenient
links allow you to select and review the vehicle's detail again or analyze the
latest bid history--even raise your bid, if you like.
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