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 Used Cars Sales Tactics Revealed Nissan Maxima SV Cadott WI 54727 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 Nissan Maxima SV Cadott WI 54727 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 Enjoying European Quality Coffee in America Nissan Maxima SV Cadott WI 54727 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 Nissan Maxima SV Cadott WI 54727 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 Nissan Maxima SV Cadott WI 54727 breakdown of these charges. This way you can avoid being surprised when your bid wins.
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Cadott WI - BingNews Search results
Hughes, Carl R. "Buck"
Hughes, Carl R. "Buck" Age 90, of Logan, IA. Passed away on Monday, October 28, 2018, in Cadott, WI. Buck was preceded in death by his parents; is wife Gladys; brothers: Glenn, Lyle, Mike, Clyde and C...
Dr. Clifford Bowe
Dr. Clifford Bowe is a family medicine doctor in Cadott, Wisconsin and is affiliated with Gundersen St. Joseph's Hospital and Clinics. He received his medical degree from Medical College of Wisconsin ...
Campgrounds Near Cadott, Wisconsin
The town of Cadott in northwestern Wisconsin is the home of two annual music festivals: Country Fest and Rock Fest. Each draws entertainers from around the country. Cadott also also draws visitors to ...
Hotels near Cadott, WI
The city of Cadott is halfway between the North Pole and the equator, in east-central Wisconsin. Cadott features local parks such as the historic Riverview Park, which features horse-drawn carriage ri...
Cadott man wanted in fatal 2017 Onalaska crash
La Crosse, Wis. (WXOW) - An arrest warrant is out for a Cadott man who is charged with killing a Black River Falls woman last June in a crash at an Onalaska highway intersection. The warrant for 40-ye...
Doctors around Cadott, WI: Doctors Around Cadott
AARP offers tools to answer your health care questions, to help manage your health information and to help you learn about medical conditions, symptoms and procedures. Start now by selecting a tool be...
Gary W. Schwetz
His wife, Stephanie Ann (Mellinger) Schwetz, preceded him in death in 2014. Born in Cadott, WI, he was the son of William and Gloria (Lodahl) Schwetz of Cadott, WI. Gary was last employed as a Directo...