The timeline can vary and that has to do with volume of submissions. As a relates to a submission,usually you get an initial email with a suggested reserve price if that’s what you’ve requested if it’s no reserve, as stated above, it gets ready fairly quickly. As a note, you can negotiate the reserve, but they can be very difficult at times and not budge. This has to do with what might be hot at the time in terms of your ability to negotiate. Also know, that if you agree on a reserve price and your car comes up short on its final bid, they will make up the difference at times to sell the car. This is why I try real hard to negotiate and even use, recent comps to prove my point.
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