Buyers FAQ’s
General Information
Q: What types of vehicles are sold at The Auction Yard?
A: The Auction Yard sells a wide variety of vehicles, including passenger cars, pickup trucks, recreational vehicles, and motorcycles.
Q: Who can buy at The Auction Yard?
A: Any individual who is at least 18 years old and provides valid identification with an approved payment method can register and participate in auctions.
Before the Auction
Q: How do I register to bid?
A: Buyers can register through the official website or in person at the auction location. Registration requires a government-issued photo ID and a linked payment method.
Q: What is the opening bid amount?
A: A $300 hold is required to bid, which is refundable if you do not win. If you win, the hold amount applies to your purchase.
Q: Can I inspect the vehicles before bidding?
A: Yes, you can inspect items before bidding! We offer preview days at our Peoria yard prior to each auction.
Proceso de licitación
Q: How do I place a bid?
A: You can place a bid either online through our bidding platform or in person at our Peoria yard. Options include manual and automated bidding.
Q: Is there a minimum bid or reserve price?
A: Some vehicles include a reserve price set by the seller. If bids do not meet this threshold, the vehicle remains unsold.
After the Auction
Q: What happens if I win the auction?
A: Winning bidders receive an invoice detailing the final bid amount and associated buyer fees, sent immediately after the auction.
Q: What payment methods does The Auction Yard accept?
A: We accept credit/debit cards, wire transfers, cashier’s checks, and financing options for qualified buyers.
Q: Are there additional fees?
A: Yes, these include a buyer’s premium, sales tax, and potentially title and registration fees.
Policies & Guarantees
Q: Are the vehicles sold with warranties?
A: All vehicles are sold without warranty. Every unit is offered ‘as-is, where-is,’ meaning no guarantees regarding functionality, performance, or condition.