Preview Sale Proxy Bidding. Some DealerBlock sales may offer certain Customers (as determined by the Seller) the opportunity to view DealerBlock inventory and place proxy bids before the DealerBlock sale starts (a “Preview Sale”). Preview Sales are typically shorter in duration than standard DealerBlock sales. Proxy bids made during the preview period will not be processed until the DealerBlock sale starts. Once the sale starts, the regular proxy bidding rules as set out in Section 54.d) will apply. As with regular proxy bidding, a bidder’s Maximum Bid Amount will not be visible to the Seller or to other bidders during the preview period or during the live DealerBlock sale. During the preview period and live sale, the Seller will only have visibility into the number of unique bidders placing proxy bids. With Preview Sales, after the live sale has ended, the Seller will be able to view all proxy bid details including, the proxy bidder username, Maximum Bid Amount, proxy bid amounts placed, and date/timestamp.
