Sell by Auction
PRICING & COMMISSIONS
GPK Auctions offers both “Reserve” and “No Reserve” options to sell your vehicle through the auction.
Entry fees do not apply to commissions.
RESERVE
Once an agreed upon RESERVE price is determined for your vehicle, your vehicle cannot be sold for less than the agreed upon price without your consent. You may lower your reserve at the auction block if you so desire. However, that does not qualify your vehicle as a no-reserve car. It is merely a means of helping to sell the vehicle.
NO RESERVE
Yes, it’s true that NO RESERVE vehicles tend to peek the Bidder’s interest! Vehicles entered with NO RESERVE pay NO ENTRY FEE. You cannot change your status from a no reserve to a reserve vehicle once your contract is signed. All no reserve vehicles are listed as such in all advertising and brochures
FRIDAY
Sellers Commission is 8%
RESERVE
Standard – $500
Prime – $600
NO RESERVE
No Entry Fee
Sale lot allocations for all consignments are at the sole discretion of GPK Auctions.
SATURDAY
Sellers Commission is 8%
RESERVE
Standard – $500
Prime – $600
NO RESERVE
No Entry Fee
Sale lot allocations for all consignments are at the sole discretion of GPK Auctions.
Auction Placement
Your vehicle is assigned a lot number according to a number of different considerations. Among these considerations are: quality of vehicle, desirability, reserve status and vehicle type. GPK Auctions assigns all lot numbers and reserves the final determination. Remember, the earlier you consign your vehicle the longer it will be listed in the inventory section of our website.
Conditions of Sale
GPK Auctions is not an auctioneer, the Auction Team is hired by GPK Auctions to conduct the auction. They are fully licensed as independent auctioneers. Neither GPK Auctions nor the Auction Team warrants the authenticity of any vehicle other than that expressed by its owner.
Sellers are warned not to make any claims that are not true or do not represent the vehicle as presented. Any misrepresentations of fact by the seller will result in cancellation of sale.
REMEMBER:
ALL TITLES AND/OR REGISTRATIONS MUST BE IN THE SELLER’S NAME. Licensed dealers are excluded. You will not be permitted to sell any vehicle without a Title or Registration.
If you plan on transporting your vehicle from outside the U.S., CLEARANCE PAPERS MUST BE OBTAINED AT THE BORDER AND SUBMITTED WITH YOUR CONTRACT