Cars sold at auction have charges added to the purchase price. It pays to know what they are before attending any auction.

Indemnity fees are also known as “buyers’ premium” and are charged on all cars sold at auctions. Cited as either absolute amounts or percentage of the winning bid, indemnity fees are for the protection or insurance against any loss the auctioneer may suffer in cases where the HHO Gas Conversion Kit – Build Your Own Hydrogen Generator … Ford Escape TITANIUM Elk Mound WI 54739 car is on the stolen list, has an outstanding loan balance, declared as an insurance “total loss”, etc.

Fees usually vary depending on the auction house although the other typical fees chargeable to buyers may include registration fee to join the auction and receive the bidder’s credentials, buyer’s fee, administrative fee, fleet/lease fee if applicable, TeleCheck charges for check payments, and sales tax.

The bigger auction companies built their own Ford Escape TITANIUM Elk Mound WI 54739 auction centers to accommodate the many vehicles bought and sold through them. As there is usually a sizeable staff complement to provide the different services to both buyers and sellers, total overhead costs can be substantial.

And just like any other business, the auctioneer’s overhead costs are passed on to both buyers and sellers in terms of fees. Any difference between their gross receipts and actual expenditures will be How and Where to Sell You Car Ford Escape TITANIUM Elk Mound WI 54739 their profits.

The add-on fees may seem a little high but they should not discourage car buyers from checking out auction places. Auctions remain to be a great source for used vehicles at significantly low prices. There are many choices available and even if you do not leave with your first choice, you can always get the next best thing.

As a prospective car buyer, you also have the Ford Escape TITANIUM Elk Mound WI 54739 option of attending independent auctions by the smaller companies. Auction fees may be a little less but your choices can be limited.

If you are interested in these smaller auctions, you can find them listed in your local yellow pages. It would be a good idea to phone the auction center before the date of the auction. Ask for their charges and be clear as to the details or Ford Escape TITANIUM Elk Mound WI 54739 breakdown of these charges. This way you can avoid being surprised when your bid wins.

  • Russell E. Sorenson

    He was born August 3, 1940 to Henry and Marion (Baker) Sorenson on his family’s farm in Elk Mound, WI. There, attended school and learned about hard work at an early age. In 1959 he enlisted with the U.S. Naval academy, at Great Lakes, at Chicago ...

  • James (Jim) Nickolas Molitor

    Jim was born to parents Herman and Elizabeth Molitor on February 20, 1932 in Rock Falls, WI. He grew up as the youngest of four boys and attended Elk Mound High School. He then attended the University of Wisconsin-Stout and graduated with a Bachelor of ...

  • High expectations for Bloomer & Elk Mound softball

    Eau Claire (WQOW) -- Both Elk Mound and Bloomer went unbeaten in winning their respective conferences last season, and both the Mounders and Blackhawks have high expectations for this year. With that being the case, the head coaches like having a chance to ...

  • Town of ELK MOUND NOTICE OF ANNUAL MEETING NOTICE IS

    00 p.m. And will be held at the Elk Mound Town Hall N6299 906th Street Elk Mound, WI 54739 (Old Hwy 40 north of Hwy 29 Carolyn Loechler, clerk Town of Elk Mound 715-879-4790 4/4,7 30612527 WNAXLP

  • Elaine Leirmo

    She was united in marriage to Ralph Leirmo Sr. on December 29, 1939. Ralph and Elaine lived in Mondovi, WI, until they moved to a small farm in Elk Mound, WI, in 1948 where they managed a small farm and sawmill business. Elaine introduced domestic ...

  • Wisconsin high school coach joins national hall of fame

    ELK MOUND, Wis. (AP) -- A longtime high school coach in Wisconsin has been added to the National High School Athletic Coaches Association Hall of Fame. Dan Pedersen told the Leader-Telegram that the prestigious honor is "beyond humbling." Pedersen spent ...

  • John Gullickson

    John Andrew Gullickson Sr, 87, (AKA George) of Elk Mound, WI, town of Wheaton, passed away at home with his loving family by his side on January 29th, 2018. He was born August 11th, 1930, in New Auburn, WI, the eldest child of Andrew and Clara (Satter ...

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