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How to increase Buying Power?
How to increase Buying Power?

Increase your Buying Power to start bidding.

April Russel avatar
Written by April Russel
Updated over a week ago

Before bidding, you must place an initial refundable security deposit of $1,000 or 15%, whichever is greater of the amount you'd like to bid. It's what sets your Buying Power – the amount you can bid. A $1,000 deposit will set your maximum bid at $6,600 and your bidding limit at one vehicle. If you're looking to bid more than $6,600 or bid on more than one vehicle simultaneously, you will need to increase your Buying Power based on our calculator.*

To increase your Buying Power, click on "Add Deposit" in your SCA account to add a security deposit. Then move the slider to adjust your Buying Power based on your needs. Remember, the security deposit is 100% refundable and can be refunded at any time if there aren't any outstanding balances and if your vehicle has been picked up.

*Increasing your maximum bid or bidding limit may require upgrading your membership.

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