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Vehicle Auction Fees

 

AUCTION INVOICE INCLUDES:

  • Purchase Price
  • Buyer’s Premium ( See Below)
  • Processing Fee ($35.00 for dealers, $85.00 for Individuals)
  • State Sales Tax 6.25% (Paid to County Tax Office)
  • Vehicle Inventory Tax 0.002092 x Sales price (Paid to County Tax Office)
  • Title Application Fee ($33.00 Paid to County Tax Office)
  • E-Tag Fee ($5.00 Paid to County Tax Office)
  • $50.00 Transfer Fee (If transferring into different bidder’s name after bid is won. Fee is charged per item transferred.)
  • $50.00 per day, per lot storage fee if not paid for and removed from our lot by 4:00pm on Monday, following the auction.

The Fee Structure for the Buyer’s Premium is below:
Sales Price Sales Price The Buyer's
Minimum Maximum Premium
$1.00$149.00$37.00
$150.00$299.00$70.00
$300.00$599.00$112.00
$600.00$999.00$165.00
$1,000.00$1,499.00$220.00
$1,500.00$1,999.00$245.00
$2,000.00$2,499.00$300.00
$2,500.00$2,999.00$375.00
$3,000.00$3,499.00$400.00
$3,500.00$3,999.00$480.00
$4,000.00$4,499.00$510.00
$4,500.00$5,499.00$590.00
$5,500.00$6,499.00$665.00
$6,500.00And more10% of bid amount
 
Example of Invoice Fees Break Down:
Sales Price Buyers Premium Processing Fee 6.25% Sales Tax 0.002092 X 
Sales Price VIT		 Title Fee E-Tag Total Due