Lane

The physical or virtual area where vehicles are presented for bidding at an auction. Large auctions run multiple lanes simultaneously.

Definition

The physical or virtual area where vehicles are presented for bidding at an auction. Large auctions run multiple lanes simultaneously.

Related Terms

Run List

The list of vehicles scheduled to be sold at an upcoming auction sale, typically available 1-3 days before the sale.

Simulcast

Technology that allows remote bidders to participate in a live auction via internet streaming, bidding in real-time alongside in-person buyers.

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