Declarations (What’s Wrong with it?)
AUCTION BUY / SELL FEES
Up to $416.66
$416.67 to $999.99
$1000.00 to $1499.99
$1500.00 to $1999.99
$2000 to $3,499.99
$3500.00 to $4,999.99
$5000.00 to $7,999.99
$20/Day Storage will apply to purchased vehicles here over 30 days
HST Not Included in any auction fees & charges
Dealership Name *
Contact Number *
The Market Report can be found on our Vehicle Listing Page.
First sign-in, then click on BUY then pick Market Report.
Click here to go there now. (It will open to a new window)
Declarations; (Anything wrong with it?)
Online bidding has been disabled for the general public. However you can leave a proxy bid with deposit if you can not attend the live auction.
Visit first as a spectator. If you visit a car auction as a spectator – which is a ‘must’ before you even think about buying a car at one – you’ll be amazed. Possibly even terrified. Half the time you can’t tell who’s bidding, particularly if the buyers are dealers rather than members of the general public. And then the bidding goes so quickly, and the auctioneer speaks in such a rapid pace, that it’s hard to tell what level the bidding has reached, or even what’s going on, especially if there are two auction rings going at once.
It’s organized chaos! Don’t worry, after a few minutes of watching the action, and listening to the auctioneer you’ll catch on faster than you think, and especially don’t worry about the myth that scratching your nose at the wrong moment can mean you accidentally buy a car. Experienced auctioneers are a strange breed with superhuman powers, who uncannily know who is bidding for what. Also, coming as a spectator will allow you the chance to check out the market, and price cars that you’re interested in. It’s a win-win scenario for you.
Do your homework. You can pick up a real bargain at auction but you can also be bitten – hard. It’s potentially the cheapest way to get the car you want but it’s also very easy to buy a car that needs more work then it is worth. All the usual warnings about buying a used car apply when buying at auction; only more so. As all the cars are sold “As-Is” there is really very little you can do if you buy a dud.So the number one piece of advice is to take someone with you who knows about cars. Bring your mechanic along, if you can. It’s worth it in the long run!
Know the Terms and Conditions. Every auction has its own terms and conditions: read them very carefully before bidding. First, clarify what the buyer’s fees are going to be – the commission you pay to the auction over and above the hammer price of the car. Also, you’ll need to register as a buyer before you can bid, which means bringing your driving licence.
Sometimes ‘IF’ bids happen. What’s an “if “bid? When you put in a bid and are the high bidder, but your bid is not higher than the reserve (the lowest price the seller is willing to accept.) The Auctioneer will say “This is an If Bid. We have to make a phone call.”, then the auction will call the owner of the car and present your bid. The owner can take your bid, or make a counter offer, or decline it. You can then accept the counter-offer, or up your bid to the reserve, or just walk away.
Set your limit, and stick to it. The most often-repeated and most ignored advice: set yourself a price limit and don’t go beyond it!
Don’t bid on a car you never looked at beforehand. Make a list of all the cars you’re interested in, and stick to it!