The Runs ListTheRunsList
Sign inAnalyze Free

No Reserve

An auction where the vehicle will sell regardless of the final bid price. No-reserve auctions tend to attract more bidders.

Definition

An auction where the vehicle will sell regardless of the final bid price. No-reserve auctions tend to attract more bidders.

Related Terms

Buy Now

An auction listing option that allows a buyer to purchase the vehicle immediately at a set price, bypassing the competitive bidding process.

Reserve

A minimum price set by the seller below which the vehicle will not be sold. If bidding doesn't reach the reserve, the sale doesn't complete.

← Back to Glossary

Know which auctions are worth it before you go

Upload a run list, find buyer matches, and get a TRL Opportunity Score before the lane opens.

Analyze a Run List Free