What is the Payment Due?
Amounts Due – Payment must be received by usatrtcarauction.com within 3 calendar days of the winning bid to avoid any penalty or cancelation. This payment includes the full amount of auction price, auction buyer fee, online bidding fee, other IAA fees, the brokerage fee, and any applicable taxes. The full amount due, must be paid prior to the vehicle being released and shipped from the auction location.
Penalties – If the entire amount due is not received by carauctions.com within 5 calendar days from the date of purchase, additional charges of 0.5% PER DAY of the total outstanding amount will be applied to your account. Moreover, the auctions will charge a PENALTY for non payment if a unit is not paid within 9 calendar days of the purchase. Please look at the auction’s specific terms and conditions for more details in regards to penalty amounts.
Currency – USD only
Method – Wire transfers only
Can I inspect the vehicle before I buy it?
Physically Inspecting a Vehicle(s) – If you are in United States you may physically inspect any vehicle(s) that you may wish to bid on at the IAA selling locations scheduled preview day(s). Typically this is one day prior to and the morning of the auction date.
What is the Purchase Cost?
As a winning bidder, you pay the following:
- Sale Price for each vehicle you are the winning bidder on.
- Auction Buyer fee – charged for each vehicle purchased. Fees vary based on the sale price.
- Online Bidding fee
- Fees can change according to the different Action facilities. It is the responsibility of the member to verify fees charged by any Auction facility prior to incurring such charges.
- Brokerage fee – charged for each vehicle purchased.
- Any taxes required by Federal or State law for the transfer of ownership.
Note: All fees are subject to change without notice.
There is no Fee to access the System or to place bids as long as you are a member in good standing with usatrtcarauction.com
What are my Membership Privileges?
Once your membership is confirmed, you will receive…
A new car auction User ID/Password, which will allow you bidding privileges at all Insurance Auto Auctions locations, to search or bid on any vehicle, motorcycle, boat, that you would like to buy.
What do I need to know about US customs?
We do the work for you to get the final approval on your cargo. We issue the required export forms. All you have to supply is the commercial invoices and sign export instructions.
Where is my vehicle?
Tracking the location of your vehicle is as easy as a phone call. We take pride in keeping track of every item we load and ship. We can tell you exactly where the vehicle is at any time – using our state of the art tracking systems.
What are the Registration Fees for Auction?
What is Bidding?
Bid Definition – A bid is a binding contract, which obligates you to complete the purchase of the vehicle if you are the winning bidder. Once the bid has been placed, it cannot be cancelled or retracted. So, you should be sure that you wish to purchase a vehicle before placing any bids.
Can I cancel my bid?
Canceling a bid – A bid is automatically binding contract. Once the bid has been placed, it cannot be cancelled or retracted.
Where can I get Shipping/Transportation services?
Responsible Party – The member (buyer) is responsible for arranging all shipping/transportation and the associated cost.
Vehicle Condition, History & Registration Laws Disclaimer.
Condition – All vehicles purchased through usatrtcarauction.com are sold “AS-IS WHERE-IS”, WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY.