How to Bid in the Auction
Bidnwin is the online & offline auction marketplace.
On the Live Event page select the Vehicle you are interested in. You do this by clicking on the select box on the listings page.
After you have entered the Bid amount, click on the 'Bid Now!' button which is at the bottom of the page.
Every bidder is alloted a particular limit of bid count for each vehicle.
A window will pop-up to confirm your bid submission on that vehicle. Click the "OK" button to confirm your Bid.
The status of your Bid will be shown in the same Live Event Page.
If your Bid is higher than the current highest Bid, then You are winning! a green coloured message will be displayed against your Bid with 'You are winning ' written next to it.
If Bid amount is not higher than the current highest Bid, then You are loosing! a red coloured message will be displayed against your Bid with ' Increase your bid amount ' written next to it.
The status depends on the following:
Bids are sorted in order of Price and then Time. A Bid of the highest value shall be entitled to purchase the Vehicle. For example, if you quote Rs. 50,000 and another buyer quotes Rs. 52,000, the other buyer is entitled to purchase the Vehicle, irrespective of the time of the Bid. However, if there are two equal Bids, the buyer who has quoted earlier is entitled to purchase the Vehicle.
If your Bid is "Low Bid" , increase your Bid amount, till the closing time.