How to bid online

Pre-Registration Process

Have you completed the Alotsold Vehicle Auction registration process which involves two steps? If so, you are entitled to bid on your specific lot(s). If this is not the case, please click on the ‘REGISTER’ button and follow the on-screen instructions – you must be pre-approved by the Alotsold Vehicle Auction team in order to bid on a lot.

Prior to being approved to bid online you must register to bid with us and complete an online bidding form (per vehicle that you are wishing to bid on). Upon receiving the completed document, along with any auction fee payable as a deposit (if applicable which is set in accordance with the value of the vehicle or pre-agreed between the vendor and Alotsold Vehicle Auctioneers) and subject to our final checks, you will receive confirmation of approval to bid on the day.

Please note, we require full registration, ID and cleared funds no later than three working days prior to the date of the online auction.

Can I register and bid on multiple lots?

Yes, you can register and bid on more than one lot. You will need to complete and return the online bidding form and paid deposit/Buyers Premium for each Lot.

On the day…

The auction lots will start simultaneously at the designated start time and you will see lots end five minutes apart (*subject to any one minute extensions – see guidance below) – check on your lot end time.

Log in to the site and then navigate your way to the specific lot you are wanting to bid on whereupon you are able to bid on the specific lot that you are interested in.

During the online auction

You will be able to commence bidding once the auction time for your lot has started. Any bids will increase in pre-determined increments using the on-screen buttons. You will able to see your own details on screen and will be identified by Bidder 1, 2 etc in order for each bidders identification to remain anonymous and which cannot be seen by other bidders. An on-screen notification will show if you are currently the highest bidder or if you have been out bidded.

Timing & Bid Extensions

Our online auction system extends the end of the auction for each lot by 1 minute every time an additional bid is placed after the scheduled closing time (so long as there was a bid in the last schedule minute) until there has been 1 minute of ‘bidding silence’. At this point the system will close the auction. As a result, it is pointless leaving placing your bid until the final seconds of an extension period as this will only extend the auction for another minute. It is better to get your bid in early so you will be more likely to be bidding a lower amount.

Important information

In order to avoid any malfunction in the system which may result in the online auction system not receiving any bid within the extension time you are strongly advised as a registered bidder to avoid placing your bid in the last few moments as you may miss out to another bidder.

Post Auction Process

What happens now? At the end of the auction, an onscreen notification will appear advising if you are the successful bidder or not.

If you are the successful bidder, a member of the Alotsold Vehicle Auctions team will be in touch with you to assist you in the post auction process. You will have exchanged contracts and our sales team will be issuing a sale memorandum to solicitors instructing a 28-day completion period.

If the vehicle does not sell during the on-line auction, you can purchase this after the auction. Please contact a member of Alotsold Vehicle Auctions staff following the auction to discuss.

Register to bid now

Follow our simple registration process to get bidding now.