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BUYER RESOURCE




Heavy Equipment & Vehicle Auction Buyer's Guide

A step-by-step walkthrough of the buying process - from registering and inspecting lots to bidding, payment, and pickup.


Part 1 of 3

BEFORE THE AUCTION




  1. Register As a Buyer

    Create your online buyer account before auction day. You'll need to provide valid contact and billing information, and a payment method to be kept on file. Once created, your account will become active and you'll be able to register for upcoming auctions.

    Tip: Some auctions require a refundable deposit or bank letter of guarantee to register, especially for high-value lots. Confirm requirements a few days ahead so you're not scrambling on sale day.

    Register Here

  2. Inspect the Equipment and Vehicles

    Check out the auction inspection dates. If you are unable to inspect items in person, be sure to view all photos and video demonstrations (when applicable). All items are sold As-Is, Where-Is. It is the bidder's responsibility to conduct any inspections to determine the condition and feasibility of the bidder's intended use. If you aren't comfortable evaluating the items yourself, bring a mechanic or an equipment specialist.

  3. Set Your Budget and Know the Fees

    Decide your maximum bid before the auction starts, and factor in all costs beyond the hammer price.

    Cost Item What It Covers
    Hammer price The winning bid amount
    Buyer's premium A percentage fee added to the hammer price
    Sales tax Based on your location and item type; may be waived with a valid resale certificate
    Documentation / title fee Processing title transfer or registration paperwork
    Transport or removal fee Hauling, towing, or storage if you don't pick up promptly
  4. Arrange Financing and Transport In Advance

    If you're financing the purchase, get pre-approved before the sale - payment deadlines are typically tight (often 24-48 hours). If you'll need a hauler, flatbed, or transport company, line one up ahead of time, especially for oversized equipment.

    Willamette Financial First Pacific Funding


Part 2 of 3

BIDDING ON AUCTION DAY




  1. Choose How You'll Bid

    • Online / live simulcast: Bid in real time through the auction platform from anywhere.
    • Absentee / proxy bid: Submit your maximum bid ahead of time and let the system or an auction rep bid on your behalf up to that limit.
  2. Place Your Bids

    Bids advance in set increments determined by the auctioneer or platform (e.g., $5, $10, $25, $50, $100, $500, or $1,000 steps depending on price range). Watch the current bid and time remaining closely on online lots - many use "auto-extend" extensions that add extra seconds if a bid comes in near the end.

  3. Know When You've Won

    The auctioneer's "sold" call (or the online platform's closing notice) confirms your win. You'll receive an invoice by email or at the cashier's desk shortly after, showing the hammer price, buyer's premium, tax, and total due.


Part 3 of 3

AFTER YOU WIN




  1. Pay For Your Lot

    Review your invoice for accuracy, then submit payment by the stated deadline in the auction terms. Accepted methods commonly include wire transfer, ACH (for Washington residents), credit/debit card (with a convenience fee), or certified funds. Confirm accepted payment methods when you register, since cash or personal checks can be restricted for larger amounts.

  2. Complete Title and Registration Transfer

    Titles will be transferred for applicable vehicles and trailers. If you're a successful bidder, you'll need to fill out and sign a title application. The application will be submitted to the Department of Licensing once payment clears.

  3. Arrange Pickup or Shipping

    Schedule removal within the window stated in the auction terms - late pickup often incurs daily storage fees. Bring your invoice/paid receipt and photo ID to release the item. If using a third-party hauler, share the pickup location, lot number, and any load dimensions with them ahead of time.

    What to bring on pickup day:

    • Paid invoice or receipt
    • Photo ID matching your buyer registration
    • Proof of insurance (for driving vehicles off-site)
    • Trailer, transport, or towing arrangements if the item isn't drivable
Quick Reference

FREQUENTLY ASKED QUESTIONS



The item is sold with no warranty, expressed or implied, and generally cannot be returned. Inspect thoroughly beforehand - this is why Step 2 matters so much.


This guide is intended as a general reference. Always follow the specific terms and conditions of the auction you're participating in.

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