If this is your first time at the auction, it is easy to get caught up in the excitement. In order to understand what you should know before you start bidding ,we have put together a few of the most commonly asked questions. We are sure this information will help make your experience a very positive one and something to tell your friends about..
How
much does it cost to register?
Where do the vehicles come from?
Can you view the vehicles before bidding?
Can I change my mind after purchasing
a vehicle?
What costs are associated with the transaction?
What type of payment do you take?
Explain what happens on the pruchase
of a repossession?
What is a reserve bid?
Are all of the vehicles saftied?
Are the vehicles free and clear of leins?
When are the auctions held?
How much does it cost to register?
There is no fee to register, however, should you be the highest bidder on a vehicle there is a 300.00 non refundable deposit that has to be paid immediately upon you being the successful bidder. If you should purchase two vehicles, a deposit is required on both.
Where do the vehicles come from?
We have a wide variety of private consignments, dealer, City of Winnipeg, Manitoba Hydro, Crown Asset, and repossessions from all the major banks, credit unions, and trustees.
Can you view the Vehicles before bidding?
Yes, We have viewing of the vehicles from 8:a.m.- 7:00 p.m Friday for our Saturday sales and 8:00 a.m. to Sale time (6:00 p.m. ) on Thursdays for our Thursday evening sales.
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Can I change my mind after purchasing a vehicle?
NO, Once you have registered and received a bid card and are the successful bidder on a vehicle you are legally bound to purchase it.
What costs are associated with the transaction?
The purchase price plus a buyers fee plus P.S.T.& G.S.T. Please see back of pamphlet for buyers fees.
The deposit can be paid for by Cash, Visa, Mastercard, or Interac. The balance must be paid for by the close of the next business day. Certified Cheques or Bank Drafts are acceptable. We do not take personnel Cheques for purchases.
If you are the highest bidder on a repossession we require a 300.00 deposit from you. The Offers are submitted to the bank the next business day for approval. If your bid is accepted we expect you to pay for the vehicle when it is accepted. However at times your bid is not quite what the bank had for the reserve price so some negotiating on both parties behalfs is sometimes required to consummate the deal.
It is the price that Our Customer or Fiancial Institution would like to see for their vehicle, but please keep in mind this may not always be a true indicator of what the vehicle will eventually sell for.
No, but a good majority of them are. All dealers that bring vehicles to the auction must have a Safety or an Inspection accompanied with the vehicle. A lot of the Private Consignments have transferable safties. Every Vehicle on our lot Discloses at the time of viewing on the passenger window what the vehicle offers.
Yes.
We offer a Weekly Public Auction year round on Saturdays Sept to May at 10.A.M. and Thursday evenings May Through August at 6 P.M. for the summer.
We at Associated Auto Auction want to make your Auction experience a pleasant and satisfying experience. If you have any further Questions that may have not been answered in this pamphlet please see our staff in the office and we would be more than pleased to accommodate you any way we can.