I was buying a car and it had the description of the car, and at the end it said no reserve...what does it mean.
2006-08-24 03:00:24 · 7 answers · asked by wcenice 2 in Cars & Transportation ➔ Buying & Selling
No minimum price.
2006-08-24 03:02:30 · answer #1 · answered by JeffE 6 · 1⤊ 0⤋
It means it goes to the person that offers the most money. There is no minimum price decided by the seller.
2006-08-24 10:03:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Reserve is a set price by the seller that they will not go lower than.
2006-08-24 10:06:34 · answer #3 · answered by Fleur de Lis 7 · 0⤊ 0⤋
It means the car sells for whatever bid. If you put a 3000 dollar reserve on it 2999 dollar Will be refused.
2006-08-24 10:04:47 · answer #4 · answered by Anonymous · 1⤊ 0⤋
There is no minimum price for the car.
2006-08-24 10:06:51 · answer #5 · answered by mearshon 1 · 0⤊ 0⤋
That means there is no hidden "minimum" price the seller will accept.
2006-08-24 10:02:37 · answer #6 · answered by Seamus 3 · 1⤊ 0⤋
It means the car WILL be sold... at whatever the price is when the gavel falls.
2006-08-24 10:06:18 · answer #7 · answered by Anonymous · 0⤊ 0⤋