HOW TO BID

Auction Participation Flow

Easily register for free using your device.

PREVIEW

Browse vehicles with ease using your device. Once you find a vehicle you like, you may also visit onsite to check the unit in person.

AUCTION

JBAP Hybrid Auction schedule is held weekly, from Monday to Wednesday. Bid and win vehicles at the auction! *Deposit is required in order to place bids.

AWARD

Once the seller approves the highest offer, and after KYC verification and payment, the vehicle is yours!

RELEASE

The vehicle is prepared for release after payment is confirmed.

Start your bidding experience with us.

Deposit is required in order to bid.

No need to worry as deposit is deducted from the total vehicle selling price and will be fully refunded if no vehicle has been awarded.

₱20,000

UNLIMITED

(Bidding Power)

₱10,000

1-2 Cars

(Bidding Power)

Following are the methods in making a deposit.

Cash or Managers Cheque at our JBAP Office
JBAP’s designated bank account through bank transfer or over the counter
Metrobank Bills Payment Facility through the Metrobank App. You can check the procedure here

JBA Philippines Inc

Metrobank Account Number: 715-7-715-022-504

Branch: Metrobank MetroPark Pasay City, Philippines

You may add deposit while auction is ongoing but it is highly recommended to deposit cash at JBAP office, over the counter via any Metrobank Branch or Metrobank App Bills payment facility as other channels may require 2 to 3 hours verification.

Please email finance@jbap.com.ph a copy of the deposit slip together with your Customer ID, or a copy of any valid identification for first time registrants and the auction date you would like to join.

Bidding Legends

Home

Auction Listing

Car Name

Auction Period: 17 Apr 2023 - 19 Apr 2023

Auction Number: 44

Lot No. 1

YEAR, CAR NAME

Transmition

Automatic

Fuel

Gasoline

Vehicle Location

Pasay City

Remaining Time

2 Days

Auction Deadline

December 18, 15:00

Start Price

PHP 725,000

You are the highest bidder!

Current Highest Bid9,003,000

Number of Bids

Number of Watchlist

Start Price: The Start Price is the suggested opening amount to start the bidding.

Current Highest Bid: The highest bid amount placed on the vehicle which automatically updates every time a bidder places an offer.

Place Bid: Enabled when the registered buyer has made a deposit and has logged in. The bidder is free to make as many bids as he likes within his budget.

Remaining Time: Time before the auction ends.

Inspection Report: Contains the five main categories of inspection with corresponding grading and remarks.

Number of Bids: Count of offers placed on the vehicle.

Number of Watchlist: Count of bidders who have added the vehicle to their watchlist.

Location: Where the vehicle is physically located.

Watchlist: You may click the star icon when you like a particular vehicle. By clicking the Watchlist in the car listing screen, you can easily and conveniently monitor the vehicles you added to your watchlist.

Time Extension
FEATURE

If a bid is placed between 2:56 to 3:00 PM, a 5-minute extension will be triggered, ensuring a fair opportunity for all bidders.
If a bid is placed within the extended time, an additional 5 minutes will be added again to the timer, starting from the time the latest bid was placed.
The transmission of bids placed and their reflection on the website may be delayed due to a delay or unstable internet connection. Give yourself time allowance to bid and avoid placing bids at the last minute.

KYC documents that will be required upon vehicle purchase.

Prepare the following documents* for seamless awarding of vehicles.

Proof of Billing
Bank Statement
DTI / Business Permit

*May vary per partner.

Have any question about us?

(02) 8784-6953

www.facebook.com/jbapofficial

(+63) 917-803-1743

sales@jbap.com.ph