Beyond the Winning Bid
Your winning bid is just the beginning. Understanding all costs helps you bid accurately and stay profitable.
Auction Fees
- Buyer Fee: $45-$700+ based on sale price
- Gate Fee: ~$79
- Virtual Bid Fee: $125
- Internet Bid Fee: $125
Transport Costs
- Towing: $50-$300+ depending on distance
- Shipping: $200-$1,500+ for longer distances
- Special transport: Extra for non-running vehicles
Post-Purchase Costs
- Title fees: $10-$100
- Registration: Varies by state
- Inspection: Required for salvage vehicles
- Sales tax: Based on sale price
Unexpected Costs
- Hidden damage: Repairs beyond visible damage
- Parts availability: Rare parts cost more
- Storage fees: If pickup is delayed
- Late payment fees: If payment deadline missed
True Cost Calculation
True Cost = Bid + All Fees + Transport + Taxes + Repairs + Buffer
Always calculate true cost before setting your maximum bid.
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