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Published Dec 23, 2023
Illegal business practicies
I attempted to use the website of the company Cars bids to post my vehicle for sale and the company emailed me that the vehicle matches the car s listing criteria They kept asking if I want to change my mind and I list the car as a no reserve auction in order to make sure that the car is sold no matter what the auction closing bid might be and that the company gets its 4 5 commission of the sale regardless if the consumer got his aimed price or not I declined that offer as I want to preserve my financial asset in the car and not sell it below a certain price Later they replied that they will not list my car for auction UNLESS I chose the no reserve auction That is nowhere is their website nor their policy that lists such requirement not to inform the consumer that the company may solely make such a choice for its own financial interest with no regard whatsoever to the consumer s financial interest In regards to the company s response The uniform commercial code clearly states that Such a sale auction is with reserve unless the goods are in explicit terms put up without reserve So the company can t solely decide if a consumer must auction his item as a no-reserve or not You simply violated and infringed on the consumer s right