Glossary / General

no reserve

10 Episode Mentions

Too Afraid to Ask

'No reserve' means that the item will be sold to whoever bids the most, even if the price is low. There is no minimum price that must be met.

Technical Definition

In an auction context, 'no reserve' means that the item will be sold to the highest bidder regardless of the final bid amount. This can often lead to lower prices if there is less competition among bidders.

Hear It Discussed

"which yet again, [3066.1s] which yet again, [3067.5s] I want to emphasize this guy had the guts to go no reserve [3071.4s] and did it with great pictures and stuff like that."
Ferrari Returns to Manual? The New Hummer, Ram Rumble Bee! THIS CAR POD! with Doug DeMuro & Friends! 51:06

"...the highest bidder wins. But the big, big thing here is everything is no reserve."
Why Is Magnus Walker Selling His Legendary Porsches? Spike's Car Radio 09:25

"I'm going to slang it when we're done with it. I'm going to fucking let it fly no reserve. Let's see what happens."
Driven: Kimera 037, GRP P39; Best Dad Wagons; Project Updates The Smoking Tire 55:23