Highline
Enterprises, Inc. COLLECTOR CAR AUCTIONS
IMPORTANT BIDDER REGISTRATION
INFORMATION
When
registering as a bidder, we require that you provide evidence of having
certified funds available to pay the seller in full for each purchase immediately
after the purchase is made. (sample Bank Letter of Guarantee) As a courtesy to
the sellers who may be waiting to leave, we ask buyers to pay for their
purchases within one hour.
Bidders
should be aware of the following:
- Bids will only be accepted from registered bidders
evidenced by an assigned number. The bidder registration fee is $30.00.
- A 7% buyer’s fee will be added to your successful bid
($350 minimum). Funds must be in the form of certified checks, cashiers
checks, or cash. Many bidders pay with cashiers or certified checks made
payable to themselves, which can be endorsed at settlement. It is
advisable to bring checks broken up into different denominations. For
example, instead of bringing one check for $30,000, we suggest you bring several
smaller checks and perhaps $1,000 in cash to cover any odd amounts.
- Personal or business checks accompanied by an
irrevocable letter of guarantee from a bank, and worded according to the
enclosed sample, may be used in lieu of certified or cashiers checks. A
bank letter merely stating that the prospective bidder is a good customer
with a substantial balance in his/her account will not be sufficient to be
issued a bidder number.
- It is to your advantage to register in advance. Your
bidder card will be sent to you in advance along with 2 V.I.P. passes
saving you $20 at the gate and saving you from standing in long lines on
sale day.
PURCHASING A COLLECTOR CAR
Vehicles
to be auctioned will be displayed in advance, allowing ample time for
inspection before they cross the auction block. Each car will display a window
sticker designating its position in the auction. Cars will be auctioned in
numerical sequence at the rate of approximately 20 cars per hour. Therefore, if
you are interested in car #40, you can estimate that the car will be auctioned
approximately two hours after the auction begins.
SOLD “AS IS”
All
vehicles are sold “as is, where is” without warranties or guarantees of any
type. We therefore strongly urge you to thoroughly inspect any vehicles you
plan to purchase (before you bid on it). Any comments made on car windows or
announced at the auction block are representations made by the seller and not
the Auction Company. If a car has problems or has been misrepresented, the
bidder must determine this before it is purchased. Auction law states that
ownership changes upon the auctioneer dropping the hammer on the successful
bidder. It is too late if any problems are discovered after the car leaves the
auction block. The buyer is still legally responsible for tendering full
payment on sale day.
REGISTERED BIDDERS WILL BE
RESPONSIBLE FOR THE ACTIONS OF ANY PERSON THEY ALLOW TO BID WITH THEIR NUMBER.
SALES TAX WILL BE COLLECTED FROM
TENNESSEE RESIDENTS ACCORDING TO TENNESSEE LAW.
We
appreciate our customers and strive to make this special event a pleasant
experience for buyers and sellers alike.
If
you have any questions, please contact George Eber at (615) 496-2277.