How A Live Auto Auction Works
Official preview time is Saturday's. *NEW Starting JULY 9th 8:30AM - 1:30 PM. Test Drives Start 8:30 AM. Live Auction Starts 10:30 AM.
Please note you do not have an automatic right to "back out" of a vehicle purchase. Therefore, inspect the vehicles closely during preview! The vehicles sold at our auctions range from late-model luxury cars in good condition to "fixer-uppers" for mechanics that like a challenge. If you don't know cars inside and out, bring someone with you who does. If you want to test drive a vehicle, go to the key counter, present your driver's license, and ask for the keys.
Important Information Before You Bid
We place this on multiple pages on our site in an effort to help educate all our customers.
Our primary concern is that the motor or transmission does not need to be completely replaced. Auctions are not for everyone. You need to take this into consideration and understand cars range from poor to great. Coming in person is a key component to assisting you in knowing the difference from one car to another. Relying on Online pictures and our descriptions is not a realistic way to expect a very good car. However, coming in person and testing a car before hand is. We guarantee that the Motor & Transmission is in good working order & will not need to be completely replaced so long as you report it properly within the time to arbitrate a car which is for Wednesday purchase until Friday at 10:30am and Saturday purchases until Tuesday at 10:30am, no exceptions. We want to be clear and upfront with you and that is why you will find this information on many of our web pages for all to see.
Although we guarantee the motor and transmission does not need to be replaced their are a wide varity of items that are not covered by this. So please come in person if you can prior to bidding and never rely 100% on the pics and a description as the end all be all when buying a used car at Auction. You need to understand their is always a risk when you are purchasing a car online that you will not be able to see in person and asking us to describe everything is not part of what we do nor is it included in the Green Light guarantee. Vehicles interiors and exteriors can range from excellent to poor and may have damage that is not noted in the description. We try our best, but this is very important for Online customers to understand that interiors and exteriors of cars vary from good to bad. It all depends on who owned the car before you. Interiors can have damage done that the picture will not show such as pet hair, odors, smoke residue, stains, water stains, rips, tears and even as extreme as a seat missing. Exteriors can have cracked windshields, bad patch up jobs, body rot and rust anywhere on the car, worn down tire tread anything is possible. Of course do not forget about the components as well it's possible to have broken door locks, bad batteries, power windows or sunroofs that do not work, windshield wipers that are broken or do not work, radios missing, center consoles missing or broken, heat or ac that does not work spare tire or tire jack missing, and so on as anything and everything is possible. In addition as stated in our how much does it cost to fix the cars portion of the website where we mention check engine lights being on these cars you would also consider that the air bag light, abs light and any other lights can be on as well. So if you are concerned about any of these issues as well as others the best advice is to come in person and inspect the cars yourself as these are not guaranteed under the Green Light. Meaning all these components are your responsibility to fix after purchasing the car. If you choose not to come in person and you are buying a car online BUYER BEWARE! As this is a Auction not a Dealership.
This is the fun part! Each vehicle will be driven through the building. The auctioneer will announce the lot number and describe the vehicle, announcing everything we know about it, whether good or bad. Then the bidding starts.
This process goes very quickly and can be confusing the first time. Read the following description and watch as a few vehicles are sold to get a feel for how it works.
The auctioneer will suggest a starting price: "Who'll give me one thousand dollars to start?" If nobody wants to start at that price, the auctioneer will lower the amount until someone bids. To bid, simply raise your hand and display your bidder number. A "bid catcher" will point to you and shout, "YES, sir!" The auctioneer will start asking for higher bids: "I have eight hundred dollars, do I hear nine hundred?" If someone wants to bid $4,000, he will raise his bidder number, the bid catcher will point to him and shout, "YES, sir!" If you raise the bid, the bid catcher will point to you and the other person will be out. The process continues until nobody wants to bid any higher: "I have four thousand nine hundred dollars, who'll give me five thousand? Going once, twice, third and final call: SOLD! For four thousand nine hundred dollars to bidder number 268." A clerk will write down the winning amount and the buyer number. If yours is the winning bid, the vehicle is now YOURS! At this point, please go to the office immediately to make a deposit.
When you are done bidding for the day, go to the office and present your bidder number to the cashier. You may pay right then with Visa, MasterCard, Cash, or certified funds in. A $300 deposit is required for each vehicle at the time of your successful high bid. The balance is due by 5pm Thursday.
Green Light Guarantee
All our cars come with a "Green Light" guarantee unless otherwise noted in the description. If you are new to Auto Auctions it is important you understand that Auctions typically sell cars, "AS IS" red light with no guarantee. Hence the vast majority of Auto Auctions out there will not offer you any kind of Guarantee at all. As a result having any kind of guarantee at an Auction is fantastic for you and even better is that Interstate Auto Auction offers a Green Light Guarantee that the Motor & Transmission is in good working order & will not need to be completely replaced. It's important to note that if a car needs any fixes on it that do not involve a motor or transmission that needs to be replaced it is you responsibility to fix the issues as we will deem the car Green Light. For more Information about our Lighting System Please Click HERE.
Do Green Light Cars Have Check Engine Lights?
Yes, and if a Light is not displayed at the Auction as you drive the car Check Engine Lights can come on. Check engine lights can range from meaning the car needs to have very minor fixes such as a gas cap tightened or that the car has the wrong grade of gasoline in it. For example, you cannot put Regular Grade Gasoline in a BMW that requires Premium Gasoline, this will result in a check engine light and is common when cars are traded in and brought to Auctions. Check engine lights can be on for other minor fixes as well such as evap leaks, 02 sensors or Cylinder Misfires. Check Engine Lights can also be on for more moderate costs such as Cylinder Miss or Cam related Variables in the motor that need to be fixed, but do not require a replacement. OUR AUCTION DOES NOT RESET CHECK ENGINE LIGHTS and we have no control over the previous owners actions. We do our best to scan cars to see if any codes are viewable to make sure they are not codes that mean the motor or transmission needs to be completely replaced. It is your responsibility to have your car diagnosed within the arbitration time period to avoid any circumstances that would mean the car need a motor or transmission replacement. We recommend to drive your car 50-100 miles within the arbitration period in order to cycle the cars computers for best results. We get into detail of this subject on many pages on our site including this page below in an effort to help those who may try to ignore obvious responsibilities that come with purchasing a used car at an Auction have the opportunity to read this on many pages on our site before bidding.
After you have paid in full for your purchase, you will be given the keys and directed to your vehicle. All vehicles must be removed from the premises by 3:00PM Friday.
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