Complaint Review: IAAI Auto Auction -
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IAAI Auto Auction is bidding against the online bidders to inflate prices paid for items
*Consumer Comment: Simple Fix
Show customers why they should trust your business over your competitors...
IAAI is bidding against the online bidders thru the "high bid-onsite" by raising the bid higher than the defined bid increment. and then lowering the high bid if nobody else outbids them. If was a legitimate high bid, it would not go down.
An online bidder has to outbid the fake onsite bid in order to post their bid . IAAI in reality is forceing bidders to bid against themselfs by posting these fake bids just to raise the price and there profits.
This report was posted on Ripoff Report on 04/04/2019 11:29 AM and is a permanent record located here: https://www.ripoffreport.com/report/iaai-auto-auction/bidding-against-online-prices-1476528. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 Consumer Comment
Simple Fix
AUTHOR: Robert - (United States)
SUBMITTED: Thursday, April 04, 2019
IAAI in reality is forceing bidders to bid against themselfs by posting these fake bids just to raise the price and there profits.
- Actually they aren't "forcing" you to do anything. What do you when you go to a regular car lot? Do you see a price and even though it is more than you think you need to pay you still buy it it because they are "forcing" you? If not then how is this any different? If you don't like the bid..then don't offer to pay more.
If you are correct then they actually won't sell the vehicle, or the price will go down to what you want to pay. If you are wrong, then a legitimate buyer was willing to pay more than you.
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