---
title: How do reserves work?
description: How do reserves work?
---

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# How do reserves work?

A reserve price is the lowest amount a seller is willing to sell their vehicle for. They act as a guarantee and the vehicle won’t sell for less than the set reserve.

All reserves are confidential and won’t be visible on any listing but we will indicate if the reserve has been met, nearly met or not met via a message next to the current bid amount.

![Reserve](https://help.carandclassic.com/hs-fs/hubfs/Reserve.png?width=688&height=459&name=Reserve.png)Auctions with “no reserve” can sell for any price.

Sellers are well within their rights to lower the reserve price or remove it entirely at any point during an auction. When a reserve is lowered, if the current highest bid at that point in time is equal to or above the new reserve price, the new reserve will be immediately met.

Please remember that by bidding on an auction you are committing to paying the agreed amount should you win, so even though your max bid may not have met the reserve, if said reserve is subsequently lowered or removed, you may still win the auction and be eligible to pay.

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