Buyer Fees are paid when a vehicle is purchased and are calculated on a per-vehicle basis based on the hammer price as shown in the chart below. Buyer Fees are added to the vehicle purchase price and paid through electronic funds transfer via ACH or approved floorplan.

Seller Fees are deducted from the proceeds of the transaction. The remaining balance will be paid via ACH after the title, and associated proof of ownership documents have been received and payment has been received from the buyer.

Hammer PriceBuyer FeeSeller Fee
Under $4,000$260$200
$4,000-$9,999$360$200
$10,000-$19,999$395$200
$20,000-$29,999$435$200
$30,000-$39,999$475$200
$40,009-$49,999$500$200
$50,000 or more$500$200
Arbitration protection service is available for sellers for $175 and is subject to the terms set forth in the Arbitration Policy.

Categories:

Bidding,

Fees

Tag:

Pricing

What do the status lights mean?

There are a total of 7 light statuses as described below:

Full arbitration support is available
Meaningful condition items that are reported that cannot be arbitrated
As-Is sale due to the condition of the vehicle
Title absent
All hollow lights indicate that the vehicle is being sold As-Is because the current price below $4,000. The color of the circle’s rim shows what the light status would be if the price was above $4,000.

Category:

Bidding

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