About Us: Auction Presale allows you to buy off-lease vehicles
indirectly, through us, from Porsche, BMW, Mercedes-Benz and others for a
fixed commission
. These vehicles are auctioned off at
the wholesale auction market. This is
exactly like buying stocks and paying the stockbroker a commission.
Our Advantage: When buying a vehicle through us you can be
sure you are always getting the best deal. Because of our transparency policy
you know how much we are making and how much the vehicle truly costs in the
wholesale market. In addition, we disclose the
condition grade assigned to the
vehicle during a
professional pre-sale inspection. We even list the tiniest scratch on the
vehicle. No where else do you get this level of
information about the vehicle you are about to purchase.
Transparency: As with stockbrokers, where you know the actual cost
of your shares, we will disclose to you the actual cost of the vehicle, including third party fees.
Third Party Fees: In addition to the actual winning bid
in the wholesale market and the commission, there are Auction House, Floorplan,
Post-Sale Inspection, Transportation and Detailing fees. These costs are added
to the winning bid to get the true cost of the vehicle. This is all summed
up in the Final Price.
Off-Lease Vehicles: Most of the vehicles we list are off-lease
vehicles being auctioned off by banks or the finance arms of manufacturers like
Porsche, BMW, and Mercedes-Benz. Sometimes the vehicles are being auctioned off by other
dealers who are liquidating their inventory.
Custom Searches: If you do not see the car you are looking for in
our lists, we can try to find you that particular car in the upcoming auctions.
Just let us know what you are looking for by emailing us at
sales@auctionpresale.com.
Fixed Commission Schedule:
|
|
Auction Price |
Commission |
Deposit |
|
1 |
$1 - $25,000 |
$1,000 |
$1,000 |
|
1 |
$25,001 - $50,000 |
$1,500 |
$1,500 |
|
3 |
$50,001 - $75,000 |
$2,000 |
$3,000 |
|
4 |
$75,001 - Above |
$3,000 |
$4,000 |
We charge a higher commission for more expensive vehicles because our risk is
higher.
Final Price: Each vehicle will specify an
auction price. The price is calculated using actual historical auction
transactions and gives the highest probability of acquiring the vehicle without
over estimating the price. It is based on the year, miles and condition of the
vehicle. This price includes third-party fees and the commission. In the rare case we
are able to acquire the vehicle below this price, we will pass on the difference
to you. You only pay the actual cost of the vehicle.
How It Works: How It Works:
- You select a vehicle from our website and make a deposit either by sending the
money through PayPal to
sales@auctionpresale.com
or delivering it in person at our office.
- We acquire the vehicle on your behalf.
- The vehicle arrives at our office.
- You inspect the vehicle, make
your final payment and take delivery of the vehicle.
Refund of Deposit: We will refund your deposit if you are
not 100% satisfied with the vehicle or if we are unable to acquire the vehicle for
any reason.
Factory Warranty: We try our best to showcase vehicles that are under
original factory warranty. However, this might not always be the case; it
is your responsibility to verify this based on year and mileage of the vehicle.
Vehicle Delivered As-Is: We acquire and deliver vehicles as-is. We offer
no written or implied warranty. However, vehicles can be under original
factory warranty based on age and mileage.
Vehicle Condition Grade: The wholesale auction market inspects millions of vehicles
each year and grades each vehicle on a
standard 6 tier grading system by the wholesale auction house. We only pick vehicles that are in the
top three tiers - 5 Extra Clean, 4 Clean and 3 Average. However, we recommend
buying only Grade 4 and above.
|
Vehicle Condition Grading Scale |
|
Grade |
Body Defects |
Previous Repairs |
Parts |
Interior |
Frame |
Powertrain |
Acces. |
Fluids |
Tires |
5
Extra Clean |
PDR Only |
High Quality |
OK |
No Damage |
Ok
(No Previous) |
Ok |
Ok |
Full/Clean |
Near New |
4
Clean |
Minor Defects |
High Quality |
Minor
Missing |
Minimal Wear |
Ok
(No Previous) |
Ok |
Ok |
May Need
Service |
Good |
3
Average |
Some Repairs |
Acceptable Quality |
Missing
Broken |
Normal Wear |
Ok
(No Previous) |
Ok |
Minor
Repairs |
May Need
Service |
Average |
2
Below
Average |
Substantial
Repairs |
Substandard |
Missing
Broken |
Worn, Burns,
Cuts, Stains |
Possible
Previous
Substandard
Repair |
Operable,
Poor
Condition |
Some
Inoperable |
Low/Dirty |
Worn |
1
Rough |
Existing Collision
Damage |
Poor |
Missing
Broken |
Worn, Burns,
Cuts, Stains |
Probable
Damage |
Runs Under
Own Power |
Many
Inoperable |
Low/Dirty |
Worn |
0
Extra
Rough |
Scrap-Parts? |
Poor |
Missing
Broken |
Severe
Damage |
Bent |
Inoperable |
Inoperable |
Low/Dirty |
Flat |
|