How to Bid
There are several ways to bid on and buy vehicles with IAA Canada. Whether you prefer to bid live through IAA AuctionNow®, set a maximum bid in a Timed Auction, place a Pre-Bid before a vehicle goes live, or purchase instantly with Buy Now, — the choice is yours.
Pre-Bidding
Can't be at your device when a vehicle goes live? Place a Pre-Bid before the auction begins and let the system bid competitively on your behalf.
Pre-Bidding is available from the time a vehicle is posted online until the lot opens for live bidding. Once the IAA AuctionNow® action begins and the vehicle is open for bidding, your Pre-Bid will apply competitively until no other bidders remain or your max amount is reached.
Key Pre-Bid Rules
- Pre-Bids cannot be removed once placed, but you can edit or modify your amount any time before the vehicle opens for live bidding. The maximum Pre-Bid can only be reduced to the current High Pre-Bid amount.
- Only the top Pre-Bids will be taken to the auction. Tie Pre-Bids are not allowed.
- If only one Pre-Bid exists, that bid may deploy at 70% of the tendered amount.
- When multiple Pre-Bids exist for the same vehicle, the "High Pre-Bid" column on the run list will display the second-highest Pre-Bid plus the standard bidding increment.
- If your Pre-Bid is higher than the High Pre-Bid, both figures are displayed in green. If your Pre-Bid is lower, both are displayed in red.
- If any information on the condition report (excluding Run Number and Images) is updated after your Pre-Bid is submitted, your Pre-Bid will be automatically removed and you will be notified by email.
- All Pre-Bids are rounded to the nearest $25 for bids under $500, to the nearest $50 for bids between $500 and $2,000, and to the nearest $100 for bids over $2,000.
- Placing a Pre-Bid does not guarantee the vehicle will be awarded to you.
IAA Timed Auctions™
No more missing out on vehicles that sell in seconds. With IAA Timed Auctions™, you can bid with confidence and know exactly when bidding will end.
Timed Auctions let you bid on vehicles over a defined timeline. Enter your maximum bid online and let the system incrementally bid on your behalf up to your set limit. When the countdown ends, you'll know immediately if you've won.
- Fresh inventory, no reruns.
- Set your max dollar amount and let the system bid for you incrementally.
- Bid with precision and always know exactly when each auction ends.
- Watch the final-hour countdown clock in real time.
- Receive notifications quickly if you're outbid so you can jump back in.
- When the reserve is met and the countdown ends, the highest bidder wins.
- If the reserve is not met when the countdown ends, the highest bidder receives a Buy Now Offer. If declined, the offer is opened to remaining bidders on a first-come, first-served basis. If no one accepts, the vehicle moves to regular Buy Now.
Buy Now
When you need a vehicle right away, IAA Buy Now lets you purchase lightly damaged and used vehicles between auctions at a set price with no bidding and no waiting.
Buy Now differs from live auctions, with no incremental bids and no real-time competition. Simply find a vehicle you want and purchase it outright at the listed price.
- Buy Now inventory is available every day, including weekends and holidays.
- Buy Now prices expire at 8 p.m. the day before a vehicle's scheduled live auction.
- Once you confirm a Buy Now purchase, the vehicle is added to the Won Vehicles tab in your Dashboard. This action finalises the purchase and cannot be canceled.
- Buyers with Buy Now notifications enabled will be alerted via email or mobile notification when new Buy Now inventory becomes available.
How to Find Buy Now Vehicles
Buy Now listings are available across multiple areas of ca.iaai.com:
- Directly from the homepage under the Auctions dropdown menu.
- On the Vehicle Search page, by selecting the Buy Now filter.
- On Vehicle Details Pages, the Buy Now price displays above the current bid.
Available Inventory
Buy Now features a wide selection of lightly damaged and used vehicles ready for immediate purchase, including cars, trucks, SUVs, motorcycles, vans, trailers, heavy-duty trucks, fleet vehicles, and more.