|
Maximum bid
in this example: $20.00
Number of bidders: 9
|
Bid no. |
Bid
amount |
Unique or not unique |
| 1 |
$20.00 |
Highest
bid but not unique |
| 2 |
$20.00 |
Highest
bid but not unique |
| 3 |
$17.50 |
Not a
unique bid |
| 4 |
$17.50 |
Not a
unique bid |
| 5 |
$8.65 |
Highest unique bid |
| 6 |
$6.30 |
Not a
unique bid |
| 7 |
$6.30 |
Not a
unique bid |
| 8 |
$4.75 |
Unique
bid but not highest |
| 9 |
$2.65 |
Unique
bid but not highest |
|
|
At
Aussie Fuel Auctions, the highest UNIQUE
bidder becomes the owner of the auctioned lot.
This is known as a "unique bid auction".
To find out more about types of auctions:
click
here.
It's just a little twist to
the conventional way of auctioning in order to give
bidders an opportunity to obtain a fuel gift card
at the absolute BEST price.
Answers to our members' latest
questions >>>
Learn about strategies that
could make you the successful bidder every time.
click here
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