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FAQ Categories: Paying for Vehicles

What payment methods are available for international customers?

International buyers must submit ALL payments ONLY by wire transfer. Normally International buyers send a wire transfer with an estimated amount of the lot’s final price in advance to avoid late fees. International Banks sometimes use an intermediary bank to make the wire transfer. These banks may charge additional processing fees, separate from the fee charged by the originating bank. Please note that these additional fees will be deducted from the bank wire transfer being sent to AutoBidBroker. After the transaction is complete, please upload your payment confirmation with invoice # into your AutoBidBroker account.

By |September 28th, 2021|Comments Off on What payment methods are available for international customers?

Payment Due & Penalty Fee

Payment is due the next business day after the end of the auction by 5pm Central Time. For every day that the payment is late, you will be charged a late payment fee of $100 or 2% of the sale price (whichever is greater). When you won an auction, our accounting department will send a notification with an invoice attached, the invoice will include wire transfer instructions. Payment for the vehicle can only be made by bank wire transfer, failure to complete the purchase transaction, regardless of the reason, the buyer shall remit a Penalty Fee of $400 for each vehicle sold

By |September 28th, 2021|Comments Off on Payment Due & Penalty Fee
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