What is a reserve price?
The reserve is the lowest amount PaddlUp will sell a vehicle for. The amount is pre-agreed between the seller and PaddlUp, but it is never revealed to a buyer. As a benchmark, we only offer cars with a minimum value of £100,000. Once the reserve has been met the car will sell. If the maximum bid does not meet the reserve when the auction has ended, you will be notified immediately on the website.