Payment
METHODS OF PAYMENT
Cash, certified cheque, Interac Direct Payment (personal or company) cheque with a letter of credit only, bank drafts, or money orders.
WHY WE DO NOT TAKE CREDIT CARDS
We do not take credit cards because of commissions that credit companies charge. Sometimes the charge of the credit card would be more than the commission we charge.
LINE OF CREDIT CHEQUES
We do not accept line of credit cheques without a letter of credit because:
- We do not know what your line of credit is
- We do not know how much of your line is used.
OTHER AUCTIONS TAKE MY CHEQUE WHY WON'T YOU?
Not all auctions work the same. Some auctioneers will take cheques from people that they do business with all the time. This leaves the auction company in a very unreliable situation. We believe all our customers should be treated equally, therefore we ask that all customers obey the payment terms.
DO YOU EVER TAKE COMPANY CHEQUES THAT ARE NOT CERTIFIED?
(Yes we do) but only for people who are in the car business, who provide us with the following information:
- Proof of Business License
- Proof of Dealers License
- A letter of credit from their bank with account information for the last 3 years.
- Proof of GST Number
- Proof of PST Number
Only after we have all this information will we permit these clients to write business cheques without being certified. (All this information must be updated annually).