AUTOMOTIVE AUCTIONS

Business Hours are 8:00 am to 5:00 pm M-F

Acceptable Payment Types: 

Commercial: 

Credit Card, Wire, Cash, Approved Checks. 

Auto: 

Credit Card, Debit (onsite only), Cash, Wire 

Real Estate: 

Deposit for Auction - Wire, Bank Check, Cash

Other payment will be through closing 

What is the differnce between a "Timed Auction", "Simulcast", and "Live"? 

Timed Auctions: Auctions are online and bidding occurs and lots will close in order of Lot #

Simulcast: Timed Auction with on-site bidders and live auctioneer. 

Live: No Online; live auctioneer and bidding is done in person. 

You do not need to be online until the auction closes for "Timed or Simulcast Auctions". The platform that we utlize allows you to set a maximum bid, so if other bids are tendered the system will automatically increase your bid to the maximum. If the item is won for less than your maximum you will purchase the lot for that amound and not your maximum bid. 

You will be notified by the platform if your max bid is exceeded, but we caution bidders not to rely upon these notifications as they can be delayed due to technology. You do have to be onsite for live auctions. 

a. Do your homework:

i. New Lots uploaded daily, Monday thru Friday.

ii. Lot is open to the public for viewing Monday thru Friday 8-4.

iii. Vehicles can be started, moved forward 1 car length and back into its original position.

iv. A few items that are NOT allowed in the lot

1. Power tools

2. Hand Tools

3. Backpacks

4. Large bags

5. Pets

6. Children under the age of 16 without an adult present

b. Pre Bid

i. If you are not able to attend the auction live, we offer a PRE BID service through Proxibid.

ii. Register your account on Proxibid website (access through the auction on our website)

iii. Log in and select the lot you are interested in.

iv. You will have the option to either place a 1 time bid or set a max bid you are willing to bid and the system will bid on your behalf up to that amount.

v. PLEASE NOTE:

1. The auctioneer has final say if a lot is sold or passed regardless of reserve. If you are the high bidder when the auctioneer says SOLD, you won the lot.

c. Online bidding

i. Once registered with Proxibid you can login and attend the auction LIVE on auction day.

ii. Bidding is in real time and all bidding terms and

conditions apply.

iii. We strongly recommend that you not listen to the “live” audio as it is delayed. The onscreen prompts and updates are in real time.

iv. If you win a lot, your card on file with Proxibid will be charged 25% immediately following the auction.

d. In Person Bidding

i. Our doors open at 7:30am EST on auction day.

ii. The auction starts at 9:00am EST.

iii. Registration is completed in the main lobby.

iv. Once registered you will receive a green bidder card to use for bidding.

v. To bid, raise your bidder card in the air so the auctioneer can see you.

vi. If the auctioneer looks back and you and points to you, you have been outbid and need to raise the card again if you wish to raise the bid.

vii. WINNER! Once you win the bid, approach the deposit counter and sign the lot ticket as well as submit your 25% deposit.

viii. Notes

1. Be sure to find a spot where the auctioneer can see you.

2. Don’t be shy! Raise that card high to ensure the

auctioneer can see it in the crowd.

3. Pay attention to the auctioneer. Bidding can move fast.

e. Payment

i. 25% deposit is due immediately. Once the auctioneer says “SOLD” you must approach the deposit counter and complete the process.

ii. The full balance is due by end of day the Tuesday following the auction.

iii. Please note:

1. Credit Card payments will be assessed an additional 3% credit card fee.

2. Debit Card payments will be assessed an additional $1 debit card fee

f. Vehicle Removal / Storage

i. All won vehicles are required to be off THC property by end of day Thursday following the auction.

ii. Vehicles left on THC property after Thursday will be assessed a storage fee of $20 per day.

iii. Any vehicle left within the fence must have the keys left with THC until pick-up in arranged.

a. Prepare your car

i. Clean it – Clean cars show you cared for the vehicle and allows the bidders to see its true condition.

ii. Gather paperwork – Bring us the title and/or prior Vermont registration card. See title requirements*

iii. Set reserve

1. Do our research

a. Online platforms can provide estimated market values (NADA, KBB, etc)

b. Be reasonable

c. Drop off your car

i. Drop off anytime without appointment

ii. Night time drop box option

iii. Send your tow truck to us

iv. Drive it to us

v. Get it to THC early

1. The longer the vehicle is here, the more it gets advertised.

d. Drop off process

i. When should I bring my vehicle?

1. The earlier the better! The long the vehicle sits in ourlot, the more attention it will receive from potential bidders. We also list the lots online for internet bidders to find.

ii. Vehicle drop off deadline is 1:00pm EST the day before auction.

e. Post-auction

i. Sold – you get paid the following Wednesday

ii. Unsold – Rerun the next week or pick up vehicle

a. What are the “Light Codes”?

i. LIGHT CODE HANDOUT

ii. Important notes about Light Code

1. THC does not inspect any vehicles that are in the

auction.

2. Green light only covers the Engine, Transmission, and Transfer Case as well as the FRAME for rust.

3. Red Light is strictly AS-IS, WHERE-IS.

a. Redlight may not run (we will list in description if the vehicle arrived not running)

b. Redlight may not be safe for the road.

c. BE SURE TO LOOK AT RED LIGHT VEHICLES PRIOR TO BIDDING. DO NOT ASSUME ANYTHING.

a. Anyone over the age of 18 with a valid ID can buy or sell from THC Public Auto Auctions

a. Buyers fee sheet

a. The earlier the better! The long the vehicle sits in our lot, the more attention it will receive from potential bidders. We also list the lots online for internet bidders to find.

b. Vehicle drop off deadline is 1:00pm EST the day before auction.

a. Title – Any vehicle 14 years old or newer is required to have a title in Vermont.

i. Make sure the title is in your name.

ii. ALL names on the title need to be listed and sig the consignment order.

iii. DO NOT FILL OUT TITLE.

1. THC will fill out the tile when the vehicle sells.

b. Prior Vermont Registration

i. If your vehicle is 15 years or older, your Vermont registration can be used in place of a title.

ii. This allows you to sell to buyer from other states where a title is required for registration.

c. Consignment Order

i. Link to CO

ii. This must be signed by ALL sellers on the title.

iii. Make sure the information is accurate, current and legible.