 |
Upon arrival at the auction, register for a bidding
number. Carefully read the Terms and Conditions as
they are laid out on the bidding number registration
(please note there is complete listing of terms and
conditions on the next page). |
|
Insure that funds are available prior to bidding on a
vehicle; any vehicle purchased and not paid for is
turned over to an agency for collection. A $300.00
deposit is required on sale day on any vehicle(s)
purchased until the next banking day. Balance of
purchase is payable by cash, debit card, bank draft,
or certified cheque on the following banking day.
Remember a buyers fee plus the 7% GST will be
added to all purchases. |
|
Come early!! Give yourself time to visually inspect the
vehicles in the yard prior to the sale. If you are not
mechanically inclined bring a friend who may be of
assistance to you. If it is your first time to attend an
auction sale we recommend that it is best to watch and
listen as the pace moves quickly. It is best to be an
observer until you are comfortable with the pace and
process. |
|
All vehicles being sold will have window cards with
lot numbers on them. Mark down the number of the
vehicles you are thinking of bidding on so when they
come through the auction ring you are bidding on
the correct vehicle. (Some vehicles may look alike).
Choose more than one vehicle, as you may not be
the successful bidder on your first choice. |
|
Satisfy yourself as to the condition, identity and
authenticity of the vehicle prior to bidding on it.
|
|
To avoid disappointment it is advised to budget yourself
monies for incidental repairs that may be required on
the vehicle you purchase. You are buying a used
vehicle on an as is where is basis . Most insurance
companies require vehicles 8-10 model years in vintage
to pass a safety inspection prior to issuing an insurance
certificate. Please contact your insurance agent in
advance for particulars. |
|
Many types of vehicle consignment categories are sold
through the auction such as Dealer Trades, Finance
Repossessions, Private Consignments & Unreserved
Fleet & Lease Returns, with a good selection in all
categories for most auctions. Please examine our
Market Report available in the office it may be very
helpful in assisting you budget for the type of vehicle
you may be interested in purchasing. |
|
Please listen carefully for various declarations
announced by the auctioneer when a vehicle enters
the auction ring. Vehicles announced as being Out of
Province will require an out of province inspection
before they can be registered in Alberta (please bid
accordingly). Vehicles announced as being REBUILT
have been in a motor vehicle accident and subsequently
repaired and passed a provincial inspection (please bid
accordingly). Vehicles announced as being a
SALVAGE have been registered in the provincial
registry system as such and may require a considerable
amount of mechanical reconditioning to pass a
provincial write off inspection prior to registration (please
bid accordingly). These types of vehicles count for a
small portion of the vehicles sold, but it is important for
you to know in advance what these declarations mean.
Once purchased you own the vehicle and are
responsible for all aspects of the payment process. |
|
Many vehicles are sold on an unreserved & reserved
basis. Once the auctioneer announces SOLD the
buyer (bidder) owns the vehicle and is responsible to
fulfill all obligations on their Sales Agreement Contract . |
|
Many vehicles are sold on a conditional basis. The
auctioneer will announce this at point of sale. The sale
is Conditional to the consignor (seller) accepting the
high bid obtained in open bidding. The auction staff will
contact the consignor (seller) to seek approval to sell
the vehicle for the bid obtained. If the bid is accepted by
the consignor (seller) it becomes a Sales Agreement
Contract and the Buyer (bidder) is obligated to fulfill
this agreement as purchaser. If the consignor (seller)
does not accept the bid obtained the Buyer (bidder) is
welcome to pursue another vehicle or submit a counter
offer to the seller in order to purchase the vehicle. If the
Buyer (bidder) changes their decision prior to an answer
being obtained by the consignor (seller) they are welcome
to pursue other vehicles being offered for sale through the
auction ring. The Conditional Sales Process is designed
to be fair for both the Buyer (bidder) and Consignor
(seller) through the auction process. ALL VEHICLES
ARE SOLD AS IS-WHERE IS! |
|
A buyer s fee and GST is additional to the purchase
price on any vehicle purchased. The buyer s fee covers
lien checks and encumbrances. Please be conscious of
the buyer s fees and factor them into your bidding. The
buyer s fees range from $50.00 on a purchase price of
$100.00 to $400.00 on a purchase price of $18000.00 a
detailed scale of the purchase buyer s fees is posted in
many locations in the auction house. |
|
SHOULD YOU REQUIRE ANY FURTHER ASSISTANCE
PLEASE INQUIRE WITH OUR STAFF. THANK
YOU. |
