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#1
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While the sale is going on YOU can lower it. In addition, if the final Bid is within the agreed-upon reserve BAT will make up the difference.
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#2
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Yes, there is a button for lowering your reserve after the auction starts. They initially wanted me to set the reserve at $50k, but I already had an offer higher than that before contacting BAT, so I said that $58k was the lowest I would go and they immediately said ok.
The process was pretty straight forward. The only negative for me was that I provided them with a well written detailed ad and they refused to use it. They said I could add anything that I wanted in the comments after the auction started. They even refused to change the word “refurbished” to “restored”. Seriously, who calls a car ‘refurbished”?
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Mark |
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