Bidding Advice
Buying
A Vehicle
If you are inexperienced as a buyer at auction, you may be unaware
of specific operating procedures and obligations you may incur
when you participate. We strongly urge that all potential bidders
read and understand all terms of sale contained in our brochures,
sale day programs, forms, contracts and the reverse side of the
Bidder's Registration Application that will be signed. Announcements
may be made at the beginning of the sale which can take priority
over printed matter. A bidder will not be allowed to disregard
his legal obligations expressed in these contracts. Since all
vehicles are sold AS IS, WHERE IS, WITHOUT WARRANTIES OR GUARANTEES
OF ANY TYPE, you are obliged to thoroughly research and inspect
any car before it is purchased. Adjust your bidding according
to problems and conditions of the car. Under auction law, you
become the legal owner of the vehicle when the auctioneer says
sold. You remain legally responsible for tendering full, proper
payment on sale day regardless of finding differences, faults
or problems with the car after it is purchased.
After you have registered and inspected your vehicle of interest,
enter the auction ring and give your bid to our ring man or auctioneer.
If you are successful, our clerk will approach you and ask you
to sign the clerk ticket. You will retain a copy for your records.
Within twenty minutes of your purchase, you should make payment
at the auction office. All forms will be signed and when possible,
the vehicle will be released to you.
Register
As A Bidder
Your first step towards buying is to register as a bidder. You
will be required to provide verification that you have the means
to fully pay for each purchase made on sale day. Funds must be:
cash, certified bank check or personal or company check accompanied
by an irrevocable bank letter of guarantee. MBNA will also have
representatives on site.
If you are paying by cash you will be asked to leave a $500.00
deposit at the time of registration. The bidder's fee of $50.00
includes 'bidder pass', (2) complimentary VIP passes, (2) drink
tickets and preferred seating. To avoid waiting in line, you may
pre-register with The Branson Collector Auction by mail. If you
meet all qualifications, your completed bidder's forms and passes
will be waiting for you when you arrive. You will then be issued
a bidder's number that will be used to reference any purchases
you make. A 8% buyers
premium will be added to all vehicle purchases. Cash purchases
over $10,000.00 are fully reported to the federal government in
accordance with applicable law.
After
The Sale
Depending on your method of payment, it may be necessary to hold
the vehicle's title for short period of time. The Branson Collector
Auction prefers to avoid such an occurrence because it is an inconvenience
to you and to us. If it is held, your title will be forwarded
to you by registered mail as soon as we determine that proper
funds have been received by our bank. Storage and transportation
costs will be your responsibility. Professional trucking firms
are usually present at the auction to assist you in making arrangements
to ship your vehicle.
Insure Your Purchase
To protect your purchase against damage or theft, be sure to contact
your insurance carrier to make the proper arrangements. Coverage
should be in effect as of the fall of the hammer. The Branson
Collector Car Auction does not provide insurance coverage of any
type protecting against damage or loss to or resulting from your
vehicle or its contents.