Last updated on 6/16/2021
Each bidder must add payment information to their dashboard before they are able to bid on a car. Once this information is added, you may browse available auctions and participate.
DreamCars charges a flat percentage fee of 5% to the winning bidder, with a minimum of $250 and a maximum of $5000.
Users must keep an active credit card on file to maintain their active-bidder status.
When you bid, we will place a hold on the card for 5% of the current bid. If you bid higher, we will simply charge the difference between the two amounts. As the auction progresses, we will drop any holds that are outside of the top 5 bids at any given time.
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