To get started, simply register or login to place your first bid. To be able to bid you will need to provide a copy of a valid government issued photo ID. You will also need to place a security deposit of $600, or 15% of your intended bid amount (if it is over $6,000).
We require a copy of your ID for your security and protection. We use your ID to verify the name on the account, and to ensure that all paperwork processed is consistent with the individual who purchased the vehicle. We also must verify that the member is over the age of 18. We can only accept government-issued photo ID's. This includes a government-issued identification card, driver's license, or passport.
You can begin bidding immediately after you become a member . In order for a bid to be activated, you must place a refundable security deposit of $600, or 15% of the intended maximum bid, whichever one is greater. If you would like to bid on multiple vehicles, you will need a separate deposit for each vehicle.
Once a bid is placed, it cannot be canceled or reduced in any way. Make sure that you are confident in your bid before you place it. If you end up winning the bid that you placed by accident, you will be responsible for the vehicle and completing the sale.
Most vehicles come with a reserve price, which is the term for the minimum price a seller will accept. If you were the highest winning bid at the Live Auction but your bid does not meet the reserve price, your bid gets submitted to the seller for approval. If the reserve price has not been met, there is a chance that they will still sell for a lower amount. At this time, we can try to negotiate with the seller for you for which you will just have to reach out to our customer service team. The sellers have up to 7 pm same day to accept, reject or negotiate the sale.
Your deposit is not tied to a particular vehicle but your account in general. If you got outbid on a vehicle, you are welcome to start bidding on a different vehicle of your choice. You will not be charged any fees for making your bid. Your deposit will be automatically released after seven (7) days.
The bid amount ONLY includes the price you are willing to pay for the vehicle. Auction fees, Broker Fees, Documentation fees, and transportation costs are NOT INCLUDED in the bid and will be added on top of the bid amount. You can calculate the estimated fees for each vehicle at any time using the fee calculator provided below the auction box of each vehicle.
Payment for won vehicles must be received by 5pm Pacific Standard Time the following business day from the sale. A business day is considered a weekday (Monday-Friday) that is not a Federal holiday. International members will be allotted two business days to have the payment received into the account. For example, if you are awarded a vehicle on Monday, then the funds from the wire transfer must be received by us no later than 5pm PST on Tuesday. If payment is received one day late, a $50 or 3.5% of the sale price (whichever is greater) late payment fee will be added to your account for every day that the payment is late.
For every vehicle purchased there will be a Transaction fee of 150.00
Document Fees for vehicles will vary depending on the price - Vehicles purchased under $4999.00 will have a flat rate of $150.00. Vehicles purchased in the amount of $5000.00 or greater will have a document fee of 4%.
This does not include Sales Tax- Sales tax will depend on State/County regulations in which the vehicle is registered.
Once payment is received you will obtain a Title and transfer ownership documents to complete registration at your local DMV or Registration Office.
Please Note : Certain states will require smog check, brake and light inspection, and vin verifications. Some vehicles 2015 and newer will require a CHP inspection.