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| » Accessories » Bike Parts » Bikes » Books & Magazines » Collectibles » Gear » Jewelry » Repair Manuals » Security Accessories » Tools » Videos/Soundtracks » Links |
| The Bike Auction is a venue for biking enthusiasts to buy and sell
motorcycles and motorcycles parts. Motorcycle owners can place their
bike parts for sale in an auction style format. The owner can choose
which category and subcategory his item belongs in. Then a buyer can
browse through our categories or search for a keyword to find the
parts, manuals, or motorbike that they would like to buy. The seller places their motorbike part for sale by setting the minimum bid and increments of bids. They can also set a "Buy it Now" which will give the buyer the opportunity to bid that exact price, which will close the auction and that bidder will then be the winner of that auction. The seller can also set a reserve, which allows the auction the run normally but if the closing price does not meet the reserve price then the seller is not obliged to sell his/her item. The buyer can browse through the categories and subcategories for parts, accessories, manuals, etc... They can also do a search for keywords to find a specific motorcycle part. They can select auctions to view the details. If they decide to bid they can bid the maximum amount they wish to pay for that item and that amount will be stored in the database. The bid will increase by the increment set by the seller. For example, if bidderA bids $5.00 and the minimum bid is $2.00 then the current bid would be $2.00, if the auction was to close at that point then the item would be sold for $2.00. If the auction was not closed and if bidderB bids $3.00 then the current bid is then set at $3.00. However, bidderA's maximum bid would then come into affect and outbids bidderB with $4.00. If bidderC then bids $5.00 then bidderA's maximum would still come into affect and outbid bidderC because a previous bid of the same amount takes precedence. Once an auction has closed both the buyer and the seller will receive and email outlining the auction details and the email addresses of both the buyer and seller. It is then up to the buyer and seller to exchange items and money, The Bike Auction does not get involved in the exchange of items or money. Feedback can be given to the buyer from the seller and vise-versa. The seller only pays a fee when the auction closes with a bid. There are no insertion fees. If the buyer does not pay for an auction then the seller can request a credit for that auction. If the buyer does not respond within 7 days then a credit is issued to the seller. |
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© 2003, all rights reserved The Bike Auction |
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