First Mazad

About First Mazad

First Mazad Bidding The auctioneer starts the bidding process by announcing the starting price for a vehicle. Bidders can raise their paddles or indicate their bids, and the auctioneer accepts the highest bid. Bidding continues until there are no further increases in the bid amount. The highest bidder wins the vehicle. Auction Rules and Fees: Each auction house has its own set of rules and fees that participants must follow. These rules typically include registration requirements, deposit amounts, buyer's premium (a percentage of the final bid price), payment deadlines, and terms of vehicle ownership transfer.