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| Mi Auto | 01 Dec 2025 22:22 IP Address: |
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What is the required payment process for a won car?
Winning a car through an Online Auto Auctions App starts a quick payment process. You usually have a very short time, often just 24 to 48 hours, to pay the full amount. You must pay your final bid price plus extra costs like a buyer's premium and admin fees. Accepted payment methods usually include bank wire transfers and sometimes credit/debit cards, but you should check the auction's rules first. If you miss the payment deadline, you may lose the car and face penalties. After paying, you will receive the final paperwork and can arrange to pick up the vehicle. |