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 Wholesale Car Covers GMC Sierra K1500 SLE Chippewa Falls WI 54729 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 GMC Sierra K1500 SLE Chippewa Falls WI 54729 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 Television – An Overview GMC Sierra K1500 SLE Chippewa Falls WI 54729 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 GMC Sierra K1500 SLE Chippewa Falls WI 54729 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 GMC Sierra K1500 SLE Chippewa Falls WI 54729 breakdown of these charges. This way you can avoid being surprised when your bid wins.
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Walker responds to claims Trump’s visit is a lost cause
Chippewa Falls (WQOW) – Governor Scott Walker continued ... President Trump’s aides urged him not to waste time coming to Wisconsin to help Walker, because they believe it’s a lost cause.
District 23 State Senate candidates campaign in Chippewa Falls
His republican opponent, Kathy Bernier, was also in Chippewa falls on Sunday with Gov. Walker. "I think the folks have a clear choice, do we want to continue prosperity in the state of Wisconsin, we w...
Gov. Walker makes campaign stop in Chippewa Falls
CHIPPEWA FALLS, Wis. (WEAU) --With the election just more than two ... in the past has been the recipe for recession and we don't want that here in the state of Wisconsin,” Walker said. Meanwhile, opp...
Balanced scoring key for Wings win in Wisconsin
The Aberdeen Wings paid a visit to one of the North American Hockey League’s newest teams, the Chippewa Steel in Chippewa Falls, Wis., Friday evening, and the Wings were not overly polite to their hos...
Some local households struggle to rent or buy, but municipalities aim to help
The Wisconsin Housing and Economic Development Authority stepped in in August, awarding apartment complexes in Eau Claire and Chippewa Falls more than $197,000 in state housing tax credits.
Early voting underway in Chippewa Falls
It’s open to all registered voters, according to the Wisconsin Elections Commission. Chippewa Falls residents can request, fill out and return an absentee ballot, all at the City Clerk’s ...
Chippewa Falls veteran’s van stolen, burned in California
CA on his way to Arizona from Wisconsin. Shafer who had lived in Chippewa Falls all his life, was moving to a warmer climate for health reasons, however the search for a home is still in the works.
Online Analytical Tool Calculates Return on Investment for Advanced Sheet Die Designed for Fast Changes in Thickness
CHIPPEWA FALLS, WI, U.S.A., October 16, 2018: Nordson Corporation has developed a digital tool for comparing the cost inputs of standard sheet dies with removable lower lips and those of the EDI® Smar...
AN ORDINANCE AMENDING THE ZONING CODEOF THE CITY OF CHIPPEWA FALLSTHE COMMON COUNCIL OF THE CITY OF CHIPPEWA FALLS, WISCONSIN, DO ORDAIN AS FOLLOWS:1.
AN ORDINANCE AMENDING THE ZONING CODEOF THE CITY OF CHIPPEWA FALLSTHE COMMON COUNCIL OF THE CITY OF CHIPPEWA FALLS, WISCONSIN, DO ORDAIN AS FOLLOWS:1. That the following described real estate ...
WIAA football: Top 10 games of the first round of the playoffs
The Raiders dropped a 17-7 decision to Chippewa Falls last Friday ... About the Huskies: New Holstein tied for third in the Eastern Wisconsin Conference with Chilton and Sheboygan Falls at 4-3. The Hu...