The reverse auction come in two flavors:
- Ones that decrement frequently. These are the thrilling ones where buyers are trying to wait long enough to get it as cheap as possible before somebody else grabs it first. These can decrement as often as once per day.
- Ones that decrement infrequently. These are to keep things from sitting around for years if they've been overpriced. So for example a dealer might set it to go down 10% every 6 months.
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