- If
I'm the winning bidder and decide that I don't want the vehicle,
do I still have to pay?
- Why
do I have to pay a quarterly fee?
- Do
you charge a buyers fee?
- How
soon do I need to pay for the vehicles I won?
- If
I buy a vehicle will I get any type of warranty?
- Do
I have to be a dealer to buy on TowLot.Com?
- Do
I have to have high speed internet?
- Can
I look at the vehicles in person?
- How
many tow lots sales are the in my area?
- Can
I find a particular vehicle that I am looking for?
- Do
these vehicles have Titles?
- Are
there any hidden fees?
- I
was bidding on a vehicle, and now it's not there, what happened?
- What
does paperwork only mean?
- Will
I be notified if I win a vehicle?
- Do
I have to pay taxes?
- When
can I pick up my vehicle?
- When I try to connect to the lighning
auction, I get an error message.
- I placed a bid, but it didn't show up.
What happened?
If
I'm the winning bidder and decide that I don't want the vehicle,
do I still have to pay?
Most likely Yes! But that will entirely be left up to the tow
company where you purchased the vehicle. You need to be sure of
what you are bidding on. You must take care of this situation with
the Tow Company or you could be removed from the web site as a non
paying bidder.
Why do I have to pay a quarterly
fee?
We do it quarterly to keep track of who are buyers are. We still
feel that the quarterly fee is minimal, for the convenience of buying
online.
Do you charge a buyers fee?
TowLot.Com does not have any hidden fees, all you pay is your
quarterly membership fee. It is your responsibility to check with
the individual Tow Company to see what fees they have associated
with winning one of there vehicles.
How soon do I need to pay for my vehicles
I won?
It is your responsibility to check with each Tow Company when
they need your payment by.
If I buy a vehicle will I get any type
of warranty?
There are no warranties for any vehicles won on TowLot.Com unless
stated by Tow Company before auction has been won.
Do I have to be a dealer to buy
on TowLot.Com?
No, TowLot.Com is open to the public. Anyone can join and bid
on vehicles.
Do I have to have high speed internet?
High speed internet is not necessary. The auctions go through
two stages the pre bidding and then the lightning round at the end.
During the lightning round it moves very fast this is where the
high speed internet will come in handy. You may get left behind
if you do not have high speed internet.
Can I look at the vehicles
in person?
You will need to check with each individual Tow Company on there
viewing Times and Policies.
How many tow lots sales are
the in my area?
By using the auction locater, you can locate any auction nationwide.
Can I find a particular vehicle
that I am looking for?
By using the vehicle search you can locate a particular vehicle
at any auction.
Do these vehicles have Titles?
You need to check with the tow company about vehicle titles, it
will be posted on there tow company page what there procedures are
concerning titles.
Are there any hidden fees?
Not by TowLot.Com or any of its Sellers. TowLot.com will only
charge a quarterly membership fee. As a Buyer it is your responsibility
to check with each individual tow company about fees that pertain
to each vehicle you bid on.
I was bidding on a vehicle,
and now it's not there, what happened?
Owners or Leinholders can pick up vehicles at any time up until
the sale is over. If the vehicle has been removed from the web site,
it was most likely due to this reason. Also an error in the selling
process may require the vehicle to be pulled out of the sale and
placed in the next sale. We apologize for this inconvenience.
What does paperwork only mean?
The process in which most vehicles can be sold at tow lot does
usually include a possesesory lein, this is often referred to as
paperwork. It is paperwork that will allow you to receive the Title
to the vehicle in the state you purchase it in.
Will I be notified if I win a vehicle?
You will receive an email receipt that you should take to the
tow company. You can also check on the My Auction Link.
Do I have to pay taxes?
Most tow lots do not require you to pay taxes. You should always
check with each individual tow company to see what taxes are applicable.
You will have to pay Local and state Taxes when registering the
vehicle, just as you would when you purchase any vehicle.
When can I pick up my vehicle?
You can check with each tow lot to see what there pick up hours
are. You will also need to see when the vehicles have to be removed
from each individual tow lot.
I placed a bid in the Lightning Auction, but it
didn't show up. What happened?
The system posts bids
in the order received. Internet connection speeds vary greatly,
and someone else's bid arrived first.
When I try to connect to the Lightning Auction,
I get an error message.
The Lightning Auctions
require Flash Player 6 and Internet Explorer 5.5 or Mozilla Firefox.
You can get the latest Flash upgrade for free at www.macromedia.com
You may also need to upgrade your browser.
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