Boost your purchases by learning to master the OVEO platform in minutes.

Automatic Bidding (Maximum Bid)

How does it work?

1. Set the maximum amount you are willing to bid
2. OVEO bids for you automatically, up to this maximum
3. You only outbid if a competitor places a higher bid than yours

Preparing for auctions: 5 key tips

Participating in an auction can be both strategic and fast-paced. Here are five essential steps to maximise your chances of success:

1. Assess your needs:
   • Before bidding, clearly identify the types of vehicles you need.
   • Anticipate periods of high demand to ensure you have complete and relevant stock.
2. Analyse the market:
   • Consult your sales history and market trends by model, engine, or trim level.
   • Compare prices across multiple platforms to better gauge the market value.
3. Set a clear budget:
   • Determine a maximum amount for each vehicle, including logistics costs.
   • Define your resale or profitability margins based on your business objectives.
4. Create a favourites list:
   • Add vehicles that interest you to your favourites during the visibility phase, before the auctions start.
   • This allows you to track the most strategic vehicles easily from your Favourites page
5. Be responsive:
   • Track your current bids from the My Bids page.
   • Anything can happen in the last minute of the auction.
   • Stay logged in until the end of the event to bid at the right time, and don’t forget to refresh the page.