What is "minimum accepted sales price"?

The "minimum accepted sales price" is the lowest price that the seller asks for the car. In this way, the seller always knows the minimum price he or she will receive for the car.

The minimum accepted sales price is determined by the seller in consultation with Kvdcars within reasonable limits. As a rule, the price is not set higher than the highest value of the estimated sales price.

In the car's advertisement, this price is referred to as "Reservation price." What the reservation price is remains hidden from the bidders, but it is always possible to see whether it has been met or not.