To register with Associated Auto Auction, fill out the registration form to become a client on AssociatedAutoAuction.com. In addition to information such as contact information, credit card information is also necessary, though it is free to participate in auctions.
The vehicles from Associated Auto Auction come from dealerships, repossessions, private consignments and city impound vehicles. Though there is no fee to participate in an auction through Associated Auto Auction, if a bid is a high bid, the winner must pay an immediate $300 deposit. If purchasing more than one vehicle, this deposit is necessary for each vehicle.
The deposit for a sale is payable by credit card, cash or Interac, and the balance is due by the following day. The purchaser must pay the balance with bank or certified checks; she cannot use credit cards or cash to pay it off due to company policy. If winning an auction for a repossession, it is possible to negotiate with the bank for the final selling price. Also, it is important to understand that if the buyer does not meet the reserve price, the seller is under no obligation to sell the vehicle, even if there is a high bidder. All of the vehicles available through Associated Auto Auction are free of liens, and bidding for these vehicles may take place in person or online.