Buying & Selling

Auction BUYING

When someone comes into the auction to buy a vehicle, the most commonly asked question is HOW MUCH you want for the vehicle? Good Question!

• When a vehicle is consigned to CI Auctions we do not want vehicles with a reserve or minimum price that are more than ten years of age, however we will allow the seller to set a reserve if they like.
• Vehicles that are newer than ten years of age are permitted to have a reserve or upset price on them. Not all sellers sell that way but they can if they like.

Auction SELLING

VEHICLES THAT ARE WITHIN 10 YEARS OF AGE CAN BE SOLD WITH A RESERVE

• Entrance Fee of $85.00
• There is a 12% Commission on the selling price with a minimum of $65.00
• If the Vehicle does not sell there is a $50.00 No Sale Fee

 

VEHICLES THAT ARE OLDER THAN 10 YEARS OF AGE  SOLD AS UNRESERVED(MEANING NO MINIMUM PRICE)

• Entrance Fee of $85.00
• There is a 10% Commission on the selling price with a minimum of $65.00 

VEHICLES THAT ARE OLDER THAN 10 YEARS OF AGE SOLD WITH A RESERVE

•       Entrance Fee of $85.00
•      There is a 12% Commission on the selling price with a minimum of $65.00
•      If the vehicle does not sell there is a $200.00 No Sale Fee

IF YOU HAVE PURCHASED A VEHICLE IN THE SALE AND HAVE DECIDED THAT YOU DO NOT WANT TO KEEP IT OR YOU WANT TO ROLL IT OVER FOR A PROFIT. YOU CAN RECONSIGN THE UNIT AS A FLOW THROUGH VEHICLE

• Entrance Fee of $85.00
• Flat fee of $150.00
• All Flow Through Units must be sold Unreserved