Buyer’s Guide

Selling Fees

These are the fees that are charged to 

 

DEALER:

  • 1.00 – 999.99 – $100.00
  • 1,000.00 – 1,499.99 – $150.00
  • 1,500.00 – 1,999.99 – $200.00
  • 2,000.00 – 2,999.99 – $250.00
  • 3,000.00 – 4,499.99 – $300.00
  • 4,500.00 – 5,999.99 – $350.00
  • 6,000.00 – 7,499.99 – $400.00
  • 7,500.00 – 8,999.99 – $450.00
  • 9,000.00 – 9,999.99 – $500.00
  • 10,000.00 – And Up – $550.00

 

PUBLIC:

$30.00 Entry Fee Per Week (Plus H.S.T.)
12% Commission on all Vehicles – $ 120.00 Minimum

Lien / OMVIC / UCDA Fees $55.00 (Plus H.S.T.) per vehicle sold for both Dealer and Public Sales.

Ownership Transfer Fee $10.00 (Plus HST)

 

Buying Fees

These are the fees that are charged to 

DEALER & PUBLIC: 

  • 1.00 – 999.99 – $225.00
  • 1,000.00 – 1,999.99 – $250.00
  • 2,000.00 – 2,999.99 – $300.00
  • 3,000.00 – 3,999.99 – $350.00
  • 4,000.00 – 4,999.99 – $400.00
  • 5,000.00 – 5,999.99 – $450.00
  • 6,000.00 – 6,999.99 – $500.00
  • 7,000.00 – 7,999.99 – $550.00
  • 8,000.00 – 8,999.99 – $600.00
  • 10,000.00 – And Up – $650.00

$35.00 Administration Fee Included in the Total Buyers Fee

Unreserved specials 12% buyers premium with a $150.00 minimum.

H.S.T. applicable on all vehicles bought and sold.
Vehicle Auctions every Wednesday evening at 6:00 PM

NOTES: 

  1. When a vehicle is purchased, a $300.00 cash deposit is required the same day (Cash, Visa, MasterCard or Debit). The vehicle must be paid for in full by certified cheque, bank draft or money order by 4:00 PM the following day. Vehicles not paid on time, will incure a $ 25.00 (plus H.S.T) late fee per day.
  2. If your vehicle sells, the ownership should be given to the front office the night of the sale, or no later than 11:00 AM the following day. A late fee will apply if not here by 11:00 AM.
  3. To book a number call before 10:00 AM on Monday for Wednesday’s Sale. Please call and book your vehicles a week in advance for earlier numbers.
  4. Ownerships should be ready after 3:30 PM the day following the sale.

  1. Please read the terms and conditions of sale carefully.
  2. A $300.00 cash deposit is required on the night for each vehicle purchased, the balance is to be paid by 5:00 p.m. the next day. Cash or Certified Funds only.
  3. All vehicles are sold “As Is, Where Is” unless otherwise stated.
  4. HST will be added to the purchase price of each vehicle.
  5. Buying fees will be added to the purchase price of each vehicle. Ask a staff member for a current schedule of fees.
  6. All deposits are non-refundable.

Helpful Hints For First-Time Buyers

  1. Please inspect your intended purchases carefully as all vehicles are sold “as is” without warranty or guarantee unless otherwise stated.
  2. It is common for most used vehicles to require some repairs to be fully operational and roadworthy. You should take this into consideration when bidding.
  3. Make a note of the odometer reading on the vehicle itself. Although we make every effort to make sure that the catalogue contains the correct distance travelled, it is ultimately the responsibility of the purchaser to know what he is purchasing.
  4. The vehicles are available for inspection prior to sale so please come early to allow enough time for thorough viewing.
  5. For safety reasons, no bidder will be allowed to start the motors of any of the vehicles. Our staff will be driving the vehicles into the auction building during the sale and you may hear them running at that time.
  6. All vehicles are sold subject to the approval of the consignors. Therefore, the highest bid is not necessarily accepted.
  7. To bid, simply raise your bid card to the auctioneer or the closest floor man. If you are ever in doubt as to what level the bidding has risen, please ask one of the floor men before continuing to bid.
  8. If you are the successful bidder on a vehicle your deposit of $300.00 cash will be required in the office immediately. There you will fill out a sales contract for the purchase of your vehicle.
  9. Providing the Auction obtains ownerships from the consignors in a timely fashion, most ownerships for purchased vehicles are ready to be picked up after 3:30 p.m., the following day. Associated Auctioneers Inc. cannot guarantee every ownership the following day, but we do make every effort to have them ready for purchasers as quickly as possible. If you wish your ownership mailed or couriered, you may request this of any of the office staff before leaving the auction.
  10. The auction is a fast, fun, and money-saving way to purchase good used vehicles, but please remember that for what you purchase you are expected to pay, just as we are obligated to pay our consignors. H.S.T. applicable on all vehicles bought and sold.
  11. Vehicle Auctions every Wednesday evening at 6:00 PM see Upcoming Auctions for full schedule
  12. Notes: 1. When a vehicle is purchased, a $300.00 cash deposit is required the same day (Cash, Visa, MasterCard or Debit). The vehicle must be paid for in full by certified cheque, bank draft or money order by 4:00 PM the following day. Vehicles not paid on time, will incure a $ 25.00 (plus H.S.T) late fee per day.
    If your vehicle sells, the ownership should be given to the front office the night of the sale, or no later than 11:00 AM the following day. A late fee will apply if not here by 11:00 AM.
  13. To book a number call before 10:00 AM on Monday for Wednesday’s Sale. Please call and book your vehicles a week in advance for earlier numbers.
    Ownerships should be ready after 3:30 PM the day following the sale.

“If Bid” Sales

  1. An “if bid” is the highest bid on a vehicle that is recorded and held for the approval of an owner who is not in attendance at the time of sale.
  2. If your bid is the highest bid on a given vehcle and the owner is not present, one of our staff will phone the owner and try to get approval of your bid. If the bid is approved by phone, the vehicle is considered sold to you as if sold on the auction block.
  3. If the owner cannot be reached immediately, you may bid on another vehicle and if successful on the second vehicle, the “if bid” will be cancelled at your request.

Arbitration

Time is of the essence in our arbitration process. Any major mechanical defects must be reported by 5:00 p.m. the day following the auction.

Keep your hands high and have fun!