Online Auction Bidding Help
Interstate Auto Auction partners with proxibid to provide a live online auction experience. We have collected frequently asked questions and answers here. If you need more in-depth information please contact Proxibid at 877-505-7770 or visit their web site at http://www.proxibid.com.
What is a Live Online Auction?
What is Live Real-Time Bidding?
What is a proxy bid?
What is Auto-Bidding?
What is the Dynamic Auction System?
Do you Issue Temporary Plates?
No: we do not issue temp plates. Once you win the car we will give you the keys, title and bill of sale. At that point the car is your to do with as you please. You are responsible for supply your own plates or having it delivered to your home/destination through a transportation/tow company/uhaul/trailer.
We have a staffer walk around vehicles and in no particular order describe the cars physical attributes as best they can. This person in way way is responsible nor could they ever be 100% accurate do to the fact that it is their own subjective opinion of the car. They are instructed to describe any negative or positive aspects of the car they see. Sometimes they miss good things such as a SUV having a third row seat or a car that has 4 heated seats. Other times they miss the bad such as a rust spot, tear in the leather or a bunch of pet hair. Sometimes they miss that a cars body is in excellent condition and other times a car can have poor patch up jobs along the entire lower portion of the body that you cannot see online, but rather you can only see in person. As a result we want to be up front with you and have you fully understand mistakes can be made not to mention pictures never tell you all the issues with a cars exterior. So your idea of great and out describer could be different. So if you are online please note anything in the descriptions could be inaccurate and it is best to come in person if you are concerned about the condition of a car.
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.
Do You Describe The Mechanical Issues With The Cars?
No: All we are concerned about is that the motor and transmission does not need to be completely replaced. Any other components with a car are your responsibility. We do not list out any mechanical issues with the cars such as check engine lights, brakes, suspension, windows needing repair or any componets as we cannot be responsible for missing or miss diagnosing anything beyond what our Green Light guarantee is. The important thing to know is that the motor and transmission is not in need of replacement and this is the most expensive job on a car and you are protected provided you follow our policy time line as stated above. No exceptions. So please feel free to come in person to Salem NH and evaluate the car prior to the Auction on Wednesday from 9am-5pm and Saturday 9am-10am. We provide this time so that you can get the keys and check over the cars and encourage you to bring whatever tools or people with the know how to help you if you are new to this process. What the Auction will do is make sure that the motor or transmission will not need to be completely replaced any other issues are your responsibility. 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.
What is a Reserve Price?
How Much Does it usually Cost to Fix Cars Purchased?
If this is your first time buying a car at Auction please pause and imagine yourself buying like a Dealer. The excitement of bidding in the crowd combined with lower prices than anywhere else saving you thousands off the retail price. Of course after you purchase a vehicle it will be time to fix some items; so it's best to have some money set aside for the fixes. Yes, it is possible that you could get lucky and win a vehicle at Auction that is near perfect without having to put any money into it except maybe a couple hundred dollars. We have learned this over the years when returning customers have come back to share their personal experiences with us. However, it is always best no matter how great a vehicle seems to be that you understand these vehicles usually need fixes that average $300 - $1000 for general sedans (such as like Honda's, Dodge, Ford's, Chevy, Kia, Hyundai, Nissan, Mitsubishi, Subaru, Scion Toyota ect). In addition to this, expect to be double the average of general sedans when you win any Truck, SUV or high end luxury vehicles (Acura, Audi, BMW, Cadillac, Land Rover, Lexus, Infiniti, Jaguar, Mercedes, Volkswagen, Volvo ect). This is due mainly to cost of parts and the time of labor. For example, four new ties on a Honda Civic may only cost $400, but on a Ford F-150 four new tires will be $800. Another example, is if a check engine light comes on and the vehicle has something common such as a evap code. If you have a Chevy sedan this should be a simple fix that will only be $50-$100. However, if you have a Mercedes with the same evap code will be a more intricate fix that is $300-$500. So it is important to take into consideration what kind of vehicle you are purchasing for fixes before you bid. Regardless, if you utilize this average range above and understand that this is normal when buying Green Light Cars you can plan ahead.
How do I create a Bidder account?
Can I watch the sale without registering?
How long in advance must I register for an auction?
Do I have to provide my credit card information when I create a bidder account?
How do I get more information about a particular lot being sold?
What are the Terms and Conditions of Sale for items being
auctioned on the Proxibid™ Web site?
Will my bid always go through?
What is a reserve price?
Can I retract my live bid?
How do I place a proxy bid?
How do I know if my proxy bid was accepted?
How do I know if I have been out-bid?
What is the High Bid?
What is the Asking Price?
What are Bidding Increments?
Am I responsible for shipping and insurance costs?
When is payment due?
©Interstate Auto Auction 2005