PAYMENT & DOCUMENTATION

Buyers are expected to pay for the vehicle in full within one week after the auction closes. If there is an outstanding loan on the vehicle, the buyer and seller should discuss how it will be paid off and the necessary steps to complete the transaction securely. If the seller has the funds to pay off the loan, they should do so as soon as possible and provide proof from the lender confirming the debt has been cleared. If the seller does not have the funds, the buyer can pay the outstanding amount directly to the lender and then pay the remaining purchase price to the seller. A precise bill of sale should be created, including the terms of the transaction, and signed by both parties; we recommend checking with the local Department of Motor Vehicles for contract templates and requirements. We recommend bank transfers or cashier’s checks for payment, but there are many possible options, including meeting at the buyer’s or seller’s bank to issue a cashier’s check, withdrawing funds directly, or completing an electronic funds transfer. Arrange for the vehicle pickup and finalize the transaction. If the buyer plans to have the vehicle shipped, they can book shipping directly through the winner's page or contact our shipping team at autosspot.cars@gmail.com. The vehicle and title should only be handed over once the seller has received full payment. If the transaction is conducted remotely, the seller should send the signed title to the buyer via a tracked courier service once payment has been received. Send us an email with a photo of the handover moment to share your success story! We’d love to hear how it went.