Auction - Bidding on an auction is done in specified increments. The user with the highest sucessfull bid "wins" the auction and the ability to purchase the item. Auctions use Proxy Bidding (see definition below).

Dutch Auction -The final item price is the lowest successful winning bid by the highest bidders.

Classified Ad - To purchase an item listed in a classified ad you begin by contacting the Seller with your offer. There are no bidding or buy now features.

Proxy Bidding - An automatic method of bidding that increases your bid to the next lowest price when another user bids on the same item. Your bid is increased until your maximum bid amount is reached or the auction ends.

Proxy bidding on upcoming live onsite auctions is authorized for all registered bidders.  Proxy bidding will be accepted up to the day of the auction at which time the highest proxy bidder for each item listed will be the starting price for the live bidders.  All successful proxy bidders will be notified within 24 hours after the end of the live auction.

Buyers Premium- Some auctions may contain a buyers premium of 5%. This fee will be added to the final sale price and is the responsibility of the buyer to pay.  For any questions concerning the buyers premium, contact payments@mfg-xchangeauction.com

Ask The Seller - At the bottom of every listing there is a "Comments" section where you can ask the Seller a question, or view previous questions from other users.

When submitting a question to a Seller, the message gets sent directly to their email address on file. The Seller can respond by following the link in the email.

To ask the Seller a question:

1. Log into your account.
2. Go to the Item listing.
3. Scroll down to the section marked "Comments."
4. Click the text "Ask the seller a question." This will take you to a Contact User form.
5. Enter your message.
6. Click "Send" button.