What Does Passed Mean At A Car Auction

Passed Vehicles means the reserve on the car was not met.
All the cars are all good running cars that we guarantee the motor and transmission is in good working order or you get your money back. This over course adds value and forces companies to bring us good running cars. That is good news for you.
Because these cars are actually bought for real money there is a actual price attached to the cars. This is called a Wholesale reserve. Like all auctions in the world auctions do not actually own what they are auctioning off, banks own them typically. As a result we do not know the exact price of this reserve, but being in business for over 10 years we know that a wholesale price reserve averages out to about 50% of the Kelly blue book retail value.
So as long as you are within that range, 50% of the Kelly blue book retail value, you are going to win the car for the lowest for a wholesale price in the USA.
For example, if you are looking at a 2002 Jeep Cherokee and the Blue Book retail is $6825 you should be prepared to bid around $3500.
A few times a year we have what is called a No Reserve Blowout Auction. These very special Auctions are rare in that they are the exception to this rule. And with good reason because the car sells to the high bidder no matter what! During those auctions Many Cars are Sold under No Reserve and still have a good motor guarantee. Those cars will be clearly marked NO RESERVE in the heading next to the car in our online catalog.