The Auction House is a place where you can anonymously auction (or bid on) bullets, prison bribes, credits, vehicles and perks.
Making a bid
Just press the “Make Bid” button next to an auction to place a bid. Your bid amount must be at least 10% more than the previous bid unless you’re making the first bid on the item (in which case it must be at least the minimum bid as set by the item owner).
Auctions automatically lock at a random point during the last 20 seconds, at which point nobody can bid. This is to prevent last second bids, so if you want to make a serious bid it would be recommended to bid before the last 20 seconds.
All bids come from your cash on hand, so make sure you’ve withdrawn money from the bank first. If you’re out bid then your bid amount will be refunded to your bank account.
Starting an auction
You can start auctions for bullets, prison bribes, credits or perks from the Auction House on the “Start Auction” tab. Just select the item you want to sell, a minimum bid, how long to list the auction for and how many of the same auctions you want to start at the same time.
When your auction ends, if it has received bids the earnings are paid into your bank account with a 10% fee deducted, otherwise the item will be returned to you.
Note: To sell a perk, the perk must be transferable (not bought from the Credit Store) and must not have been consumed (partially or fully).
A 20% tax is deducted from bullets sold in the Auction House, the same as if bullets were transferred through the Trade Center. The Auction House will always show the post-tax amount of bullets so bidders know what they’re buying but if your minimum bid isn’t reached then the full pre-tax amount of bullets is returned to your gangster.
You can auction vehicles from the Your Garage screen by selecting the vehicle(s) and using the “Auction Vehicles” action.
If you’re a Certified Gangster you can enable auto relist mode. This means if your auction doesn’t sell, it will be automatically placed back in the Auction House for the same period of time, up to 10 times in total before ending.
Closing an auction
You can close your auction early if no bids have been made. You can do this by going to the Auction House, finding your auction and pressing the Close button.
Trade Limits apply to the Auction House. Bidding on an auction may count towards a receive trade limit while starting an auction may count towards a send trade limit. You can read more about Trade Limits here.
The Statistics tab lets you view the average winning bids per bullet, credit and vehicle over the last 24 hours as well as the last 7 days. This can help you when deciding what to set your minimum bid at.