What does proposed mean in car auctions?

In most states, it means the bid er has signed a bid sheet which says they have attended the auction, looked at the vehicles, and submitted a bid only if they are willing to pay the amount bid. If you bid $500 on a car and the bid price goes up to $1,000, you must pay the additional $500, even if you don’t want to buy the car.

What does proposal mean in automotive?

The word proposal refers to any sort of written documentation that you submit to the seller before purchasing a car at auction. These proposals are often called “car proposals” and are submitted by potential buyers to give the seller a better idea of how much they are willing to pay for the car. Typically, you can either submit a proposal in the form of a bid or a bid sheet. The bid sheet is generally a spreadsheet that you fill out with details about your car, and the bid is simply

What does proposal mean in car auctions?

When an individual bids on a particular vehicle during an online car auction, they will be given the option to submit a proposal. This proposal includes certain details about the car that they are interested in bidding on. It also includes any additional information the bidder wants to include that isn’t included in the car’s listing. For example, a bidder could offer additional information about the car such as the mileage it has accrued, the condition it is in, or what accessories come with it.

What does it mean when someone proposes to you?

When someone proposes to you, it means that they are interested in you and want to get closer to you. It is a romantic proposal, but it can also be a proposal of marriage or a proposal of a long-term relationship. A proposal can happen in person or through the use of the Internet.

What does proposal mean in car auction?

A proposal is a written or verbal agreement between a bidder and the auctioneer that states a minimum price for the item(s) they are bidding on and that the bidder will pay more if the car they want is not sold at the end of the bidding process. If the bidder places a bid and the car is not sold, the bidder can propose a lower price for the car. If the owner of the car doesn’t accept the lower price, the bidder will still pay the full bid