Auction Fees Estimator
Estimate total costs for auto salvage and vehicle auction purchases
Auction Details
Usually 3 days free, then ~$20/day
Typical Buyer Fee Schedule
| Bid Range | Buyer Fee |
|---|---|
| $0 - $100 | $25 |
| $101 - $500 | $75 |
| $501 - $1,000 | $150 |
| $1,001 - $2,000 | $300 |
| $2,001 - $4,000 | $400 |
| $4,001 - $6,000 | $500 |
| $6,001 - $8,000 | $600 |
| $8,001 - $10,000 | $700 |
| $10,001 - $15,000 | $725 |
| $15,001 - $25,000 | $750 - $800 |
| $25,001 - $50,000 | $850 - $1,050 |
| Over $100,000 | 1.5% |
* Fees shown are estimates and may vary by auction company and location
Understanding Auction Fees
When buying at a vehicle auction, the winning bid is just the starting point. Various fees are added that can significantly increase your total cost:
- Buyer Fee: The main auction fee, usually tiered based on the bid amount. Can range from $25 to over $1,000+.
- Gate/Access Fee:Fee for accessing the auction facility, typically $59-$99.
- Internet Bid Fee:Additional fee for bidding online rather than in person, around $139-$289.
- Storage Fee:Daily charge if you don't pick up the vehicle within the free period.
Tips for Auction Buyers
- 1.Always calculate total cost before bidding, not just the vehicle price
- 2.Factor in towing costs - many auction vehicles don't run
- 3.Research the vehicle history using VIN before bidding
- 4.Understand salvage title implications for insurance and resale
- 5.Pick up quickly to avoid storage fees - usually 3 days free
- 6.Consider dealer licenses if you plan to buy frequently
Disclaimer: This calculator provides estimates based on typical salvage auction fee structures. Actual fees vary by auction company, location, vehicle type, and sale type. Always verify current fees directly with the auction company before bidding. Additional costs such as transportation, repairs, taxes, and registration are not included in this estimate.
About Auction Fees Estimator - Vehicle Auction Cost Calculator
Calculate total auction fees for vehicle purchases. Estimate buyer premiums, storage, documentation, and internet bid fees.
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