Counter bid

A Counter Bid is a bid that the Seller makes to counter the high bidder s offer. Counter bids are made directly following the sale of vehicles designated by the Seller as Minimum to Bid or Bid to Be Approved. Members acknowledge and agree that regardless of any counter bids made by the Seller, Members high bids on these vehicles shall remain open to acceptance by the Seller until 8 p.m. PST the next business day after the sale day.