Complete guide to creating and managing successful vehicle auctions on CarStrel. Maximize your selling potential with competitive bidding.
CarStrel auctions allow you to list vehicles for competitive bidding, where buyers compete to win your vehicle. This creates excitement and often results in higher final sale prices than fixed-price listings.
Competitive bidding often exceeds fixed prices
Access to thousands of active bidders
Set auction duration for urgency
The opening bid amount that starts your auction. This should be competitive to attract initial bidders while leaving room for bidding to increase. Consider setting it slightly below market value to generate interest.
Tip: A lower starting bid often attracts more bidders, creating competitive momentum that can drive the final price higher.
A hidden minimum price you're willing to accept. If bidding doesn't reach your reserve price, you're not obligated to sell. Reserve prices are not visible to bidders, protecting your minimum expectations.
Note: Reserve prices should be set based on your minimum acceptable price. If the reserve is met, you'll be notified and the auction will proceed to completion.
Allows buyers to purchase your vehicle immediately at a fixed price, bypassing the auction process. This option disappears once the first bid is placed. Set this at your ideal selling price.
Strategy: Buy Now prices work well for sellers who want to offer a quick sale option while still benefiting from potential competitive bidding.
The minimum amount each new bid must exceed the previous bid. Common increments are KSH 1,000, KSH 5,000, or KSH 10,000 depending on vehicle value. Higher increments can speed up auctions, while lower increments encourage more participation.