Auction

Listing your Lot is free of charge.

We charge a 5% commission on the final sales price.

If the Lot does not sell, then there is no charge.

1. Register & login

2. Select “Auction Account”

3. Select “Become a Vendor”

4. Add Auction

You can submit your Lot, at no cost, for personal review by us. If your Lot is accepted for auction, we will contact you to confirm auction acceptance and guide you through the listing process.

Once accepted, we will write the auction listing and take care of everything.

Our goal is to get your Lot listed on the auction as soon as possible. We will be with you every step of the way to guide you through the process and establish the timeline for your Lot.

As soon as a Lot sells on Koskin Import, the buyer is instantly charged a buyers premium. We will then be in contact with the buyer to arrange payment, also time frame for collection of the Lot.

We also offer many extra services to make the whole process as stress free as possible, you can find a list of all our services here -> SERVICES

If your Lot does not sell, we suggest listing it again with a “Buy it Now” price.

The “Buy it Now” price would be set at the same amount as what the reserve was, this will then still give any previous interested buyers the chance to purchase the Lot.

All auction lots are evaluated by us first. We review several of the lot’s characteristics including condition, collectability, history, documentation, and more.

Not every lot is accepted for auction. If a submission does not meet our criteria, we will contact you to explain why your lot was not accepted.

But don’t despair! As an alternative option, we will assist you in selling your Item on our Classified section.

A reserve is the minimum price you are willing to sell your Lot for.

We will work with you to set a market correct reserve. Realistic reserves increase the overall buyer experience which can increases bidding activity. Reserve values are not shown to bidders, we do reveal when reserves are nearly reached or have been met during the live auction.

When you are a seller, the reserve price you set is private and confidential and should remain that way. Revealing your reserve price before an auction ends can negatively limit your Lot from reaching its bidding success.

Never reveal your price especially in public comments. If asked, simply refer the bidder to the auction and prompt them to bid a price that they are comfortable with.

Generally, edits are not permitted once an auction has gone live. If you feel an edit is necessary, please contact us with your request at auction@koskinimport.com.

You can also leave comments and can answer bidder questions on the vehicle description page during the auction to help improve the clarity of your listing.

Lots listed on Koskin Import Auctions are for sale exclusively through the auction site and subject to contract. We incur considerable expense to advertise listings, maintain & operate the platform, and support an administrative staff. As such, if a buyer or seller subverts the auction by attempting to make a deal outside of the auction, you will be banned from the site.

If a buyer attempts this tactic with a seller, the best approach is to simply refer the buyer back to the auction and instruct them to place a bid that they are comfortable with.

Lots can be relisted, but we suggest that their is a cooling off period and not listed again too soon.

We do not allow the cancellation of listings once the auction goes live. Only in extreme cases where a Lot has suffered a significant change such as theft or damage will there be consideration. Please notify us if such an event occurs.

We offer an on-site professional photography upgrade option for an additional fee. If interested, please contact us about this.

Registering to bid is easy and free.

First register, then create an account. Once your account has been created, you will receive an email confirmation. You are required to enter your credit/debit card information from your account page prior to becoming an active bidder.

We require your card details for the 5% buyers premium. This will be charged to your card immediately after the end of the auction.

The buyers premium will only be charged if the Lot sells at your highest bid.

Buyers fee is 5% of the final hammer price.

This is not a deposit, it is a charge for the use of our platform.

All Lots have a reserve, unless stated “No Reserve”

We can certainly help out with all the transport and shipping requirements, we have been selling vehicles all over the world for many years now and have built up great contacts.

We accept all major credit and debit cards, also bank transfers.

Please see our Terms & Conditions for full details.

In the unforeseen circumstance that the Lot is not as described upon collection, your payment will be refunded in full.

Once a bid is placed it cannot be cancelled. Please only bid if you intend to follow through with the purchase.

If you have any doubts, please do not bid.

If a bid is placed within the last two minutes of an auction, an additional two minutes is added to prevent any last minute “sniping.” This helps ensure all interested bidders have a fair chance to bid.

Congratulations!

You will be notified automatically of your win and charged the appropriate 5% buyers premium fee based on your winning bid. We will then be in contact with you to arrange the final payment, also to organize transport preparations if required.

You can submit a question to the seller through the “Ask a Question” section on the Auction page.

Once the Seller has answered, the question and answer will be visible for everyone to see. This is to help other potential buyers that might have the same questions.

We encourage potential bidders to inspect the Lot prior to placing a bid. If you wish to arrange an inspection, you can contact us at auction@koskinimport.com to arrange correspondence with the seller.

We are also able to inspect the Lot on your behalf, let us know if this service is of interest to you.

Once the auction closes and the reserve has NOT been met, there is still a chance that the seller will sell the item to the highest bidder.

If not, the Lot will be listed again with a “Buy it Now” price.

Lots listed as auctions, are for sale exclusively through the auction site. We incur considerable expense to advertise listings, maintain & operate the platform, and support an administrative staff. As such, if a buyer or seller subverts the auction by attempting to make a deal outside of the auction, you will be banned from the site.