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Why is Elite Auto Auctions requiring a $600 refundable deposit?

Registration is FREE at Elite Auto Auctions unlike other sites, and we have the largest selection on any other single platform in the world. We allow you to place offers without making a deposit. Once you are the high bidder, we then require a $600 minimum. Elite Auto Auctions and its IAU has implemented this to have our customers try to place multiple offers and bids, before losing hope of purchasing a vehicle. We want to DETER customers from leaving a $600 deposit, then requesting a refund the next day or even the same day. We work for YOU. It is not in our best interest not to purchase a vehicle for YOU. Keep in mind you might have to place offers on ten or fifteen different vehicles before we can get one for you.

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