Liquidation Auction Bid Breakdown

Liquidation Auction Bid. Image generated by AI

The Liquidation Auction Bid Breakdown Calculator determines the highest bid you can place for an auction item without exceeding your total budget. It calculates detailed breakdowns of the buyer's premium, optional shipping costs, and taxes, helping you make informed bidding decisions.


Liquidation Item Bid Calculator

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Results


Calculator

  1. enter the new retail price of the item for reference
  2. the maximum total amount you are willing to pay (including all fees and costs)
  3. the buyer's premium percentage charged by the auction house
  4. the shipping cost and tax rate if applicable (leave blank if not needed)

Results

  1. the highest bid you can place
  2. the auction house fee (buyer's premium)
  3. the cost of delivery (shipping cost)
  4. the applicable sales tax

Example Calculation
Retail Price: $1,000
Maximum Amount You Are Willing to Pay: $600
Buyer's Premium: 10%
Shipping Cost: $50
Tax Rate: 8%
Calculation:
Maximum Bid Amount = (600 - 50) ÷ (1 + 0.1 + 0.08) = 550 ÷ 1.18 = 466.10
Tax Amount = 466.10 * 0.08 = 37.29
Results
Maximum Bid Amount: $466.10
Buyer's Premium Amount: $46.61
Shipping Cost: $50.00
Tax Amount: $37.29

This calculator is essential for buyers participating in liquidation or auction sales, ensuring all costs are considered before placing a bid.

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