vehicle is passed through by the owner as it didn't reach the required reserve
Russian translation: ->
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16:37 Aug 30, 2006
English to Russian translations [PRO] Internet, e-Commerce
English term or phrase: vehicle is passed through by the owner as it didn't reach the required reserve
Контекст из часто задаваемых вопросов:
Are there any cases when a vehicle presented at auction does not get sold? *i.e. a vehicle is passed through by the owner as it didn't reach the required reserve*
There are many cases where bidding doesn't meet the owners reserve and the vehicle isn't sold at the auction. Usually about 40% of all units do not meet the reserve at auction. Auctions are held weekly so usually owners put them through the next week or at another auction later in the same week.