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Nairaland Forum / Nairaland / General / Autos / Detailed Guidelines For Buying A Car From Auctionexport.com (16087 Views)
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Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 10:15am On Jan 03, 2014 |
REGISTRATION First of all is registration with AuctionExport as a dealer. Usually with your email address and contact information,once your registration is approved,they will send you your dealer number and login password through your email. DEPOSIT The next phase is placing a deposit on your dealer account. This can be done using money bookers online or by sending wire transfer. For us in Nigeria,they accept wire transfers and you can find their bank wire details in red text on the right hand side of profile when you log in. The minimum amount you can deposit is $400 which enables you to use 'bid option' or 'buy now option' for vehicles whose purchase cost is not more than $4,000. If you intend to participate in Go-live bidding (Live online auctions), you must have a deposit of $1,000 or more which enables you to bid for vehicles up to $10,000 on Go-live auction. Once your deposit is received, AuctionExport will credit your dealer account with the amount they received which is usually $35 less than what you sent due to bank charges. So if you want them to credit your account with $400, you have to send $435. Wire transfer can be done using a swift transfer through domiciliary account. Always include $35 bank offshore bank charge to what you are sending and tell the bank you are bearing the onshore charges. The onshore charges is usually $25 fixed telex charge + 0.05% of the total amount you are sending. For example I funded my domiciliary account with $10,000 and authorized transfer of $9,800 to AuctionExport with me bearing the onshore charges, AuctionExport credited my account with $9,765 and my local bank deducted $9,918 from my account. So because of these bank charges you might want to send your total estimated purchase cost (vehicle cost,AuctionExport charges,ground and ocean transportation) at one transaction. When you are done with deposits which usually takes about two days to get to AuctionExport due to the intermediate bank, you are now ready to purchase a car. CARS You have to search a find your preferred vehicle. This part is very crucial and you need to pay attention. There are clean cars and salvage cars. There also 'bid now' and 'buy now' cars. BID NOW cars are vehicles that you can bid on. All biddings on AuctionExport site is pre-bidding and they will submit the highest bid amount on their site to the auction on behalf of the bidder. For Go-live auctions you can bid directly for the car by yourself at home. Some bid now cars also have buy now options. BUY NOW cars are vehicles that you can buy immediately without bidding. Just submit a buy now request and once it is processed the car becomes yours CLEAN CARS are vehicles that doesn't have any documents issues,accidents or loan records and problems. They are always as good as new. SALVAGE CARS are vehicles that may have had loan records,title check problems,damages,accidents,flood, mechanical problems, minor dents and scratches, failed inspections and stuffs like that. These category of cars are usually the cheapest on AuctionExport but requires much caution when buying to avoid mistakes. There are subcategories under salvage cars 1: Run and drive- cars that are readily drivable. They may have body damages or not but once you start the engine and engage the transmission you are good to go 2: Engine starts- cars that only the engine starts and it cannot drive independently on its own. 3: Non drivable- cars that neither start nor drive. On salvage car auctions, there are private and public auctions. On PUBLIC auctions you can participate directly online but on PRIVATE auctions AuctionExport will bid on your behalf and notify you if you win the car.all you need do is to set a maximum bid price on their site or request live-on-the phone bidding. Their representative will contact you shortly before the auction is started. You can also request for live on the phone bidding for PUBLIC auctions if you can't participate live. So once you determine the car you are buying you can request an autocheck report on the vehicle history after which you proceed. You need to be fast and decisive on purchase because good offers on vehicles are quickly grabbed as AuctionExport has over 200,000 active buyers all over the world. BEFORE YOU BUY Before you hit that bid now or buy now please ensure the following; 1. That you have checked out the vehicle pictures and details to ascertain the level of damage for salvage vehicles. 2. That you check the type title document the vehicle has. Don't buy if the vehicle has dealer only title or bill of sale as the former is for dealers in North America while the latter cannot be shipped as a whole vehicle but cut into parts. 3. That you check the AuctionExport fee,paperwork fee, auction buyer fee,internet fee, gate fee as applicable to the vehicle to see if it matches with your budget when added to vehicle cost 4. Also check the location of the vehicle in the USA. If the vehicle is salvage run and drive without visible major damage, it can be shipped RoRo but if it has extensive damage it will go containerized. If the vehicle is salvage engine starts or non drivable then it most be containerized. Now pay attention. A: All containerized vehicles are consolidated in a 40 feet container containing between 3-5 vehicles B: All consolidated containers must exit through New Jersey/New York exit port. ( in this case always pay attention to locations of vehicles) C: All containerized vehicles must be cleared and unloaded by AuctionExport authorized agent at Lagos, Perfect Touch shipping solutions, 54 ibafo road, by coconut bus stop, olodi Apapa Lagos D: RoRo vehicles can exit from New Jersey , Jacksonville, Georgia, Texas and California Please note the following States with high and low ground transportation costs so as to make your vehicle purchase cheaper and quick to deliver to the exit port. New York NY . $400 New Jersey NJ. $400 Pennsylvania PA. $450 Connecticut CT. $425 Maryland MD. $450 Massachusetts MT.$450 Maine MA. $500 Indiana IN. $550 Georgia GA. $550 North Carolina NC. $550 Louisiana LO. $600 Florida FL. $650 Michigan MI. $650 South Carolina SC. $650 Texas TX. $675 Minnesota MS. $750 Colorado CO. $800 California CA. $1,100 Nevada NV. $1,300 Washington WA. $1,400 Utah UT. $1,400 PURCHASED A CAR when you have successfully purchased a car, AuctionExport will send you a notification containing the purchase agreement/invoice which you will sign and scan back to them. They will also require you to download and fill out the vehicle release form and scan it back to them. You also need to upload your government identification (Intl passport page,national ID card or drivers license). Once this is done and your full payment of (vehicle cost,charges,ground and ocean transportation costs) the vehicle has been deducted, they will commence shipping. Time between purchase and receiving your car in Lagos is approximately 6-8 weeks depending on the location of your car in the US, availability of tow liners, congestion at US customs and shipping lines schedules. AuctionExport uses Grimaldi lines mostly for autos due to the speedy delivery and clearance of cargo at their dedicated terminal at Tincan port. It is usually 5 days after arrival of vessel. Once your vehicle is loaded on a container you will get the container number and once the bill of lading is uploaded on your profile, you can commence tracking of the vessel through fleetmon.com or marinetraffic.com USEFUL TIPS 1: Always be sure before you click buy now as a buy now request cannot be cancelled and all sales are final. Cancellation of buy now attracts a penalty of $400 or 10% of buy now cost whichever is higher and all the charges and discounts towards the resale of the car will be billed to your account. 2: You can always cancel your pre-bid if the auction is not yet started by calling AuctionExport sales department but once auction starts it cannot be cancelled. 3: Do not submit multiple bids if you intend buying only one car, because if you do and eventually win both vehicles, you will end up buying both 4: Always bid reasonably. 5: Remember to send an email for payment confirmation with your wire transfer evidence to info@auctionexport.com to credit your account. It is important you state your AuctionExport dealer account number on the wire transfer document at the bank to enable ease of payment. 6: If you are using a third party domiciliary account to send them a wire transfer, please send them an email containing the photo identification cards of both of you and wire transfer evidence. 7: Never buy a car if don't have enough money as they will be charging you 0.125% of total vehicle cost until fully paid or they may even charge you a penalty and relist your car as a repossessed vehicle and block your account. They will only give you 4 working days to clear your outstanding balance. 8: If your vehicle is coming containerized,ensure you have the clearing cost ready to avoid penalty or your vehicle being listed on repossessed vehicle list 9: If your vehicle is non drivable never accept the shipping option of Towable RoRo designated for Apapa port as it will take longer time and higher cost to clear your vehicle plus towing van. Tincan island port is best for non drivable or containerized cars. Please let me know if you need anything or any help in the purchase. You might want to check out these two units of 2001 Toyota Avalon xl I bought at November 2013 arriving today 3rd January 2014 on Grimaldi lines vessel Grande Gabon Engr Nnamdi Dubem MD/CEO Express Booking +2347069699686 travelshq@gmail.com AuctionExport Dealer # 243978 7 Likes 2 Shares
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Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ib4ola(m): 7:44pm On Jan 03, 2014 |
weldone... your post is realy explanatery. 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by fyneconcepts: 7:21am On Oct 05, 2014 |
Very explanatory will contact u when am ready. Thanks a lot |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by keshconnections: 5:56am On Apr 22, 2015 |
Can the salvage cars be fixed before shipment? |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 11:45am On Apr 22, 2015 |
keshconnections: Yes if you have someone to do it for you. It will be very expensive to repair in the USA. your best bet is to do your repairs in Lagos |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by autotrader014(m): 12:56pm On Apr 22, 2015 |
Sir do u have an idea how much to clear a camry 2007 model? 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by slim147(m): 6:18pm On Apr 23, 2015 |
Can i start up a car business with 100k or 200k Pls advice 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 7:00pm On Apr 23, 2015 |
autotrader014: between 500k to 600k 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 7:02pm On Apr 23, 2015 |
slim147: Not at all. you will need about 700-800k 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by nyabingi(m): 4:18am On Sep 23, 2015 |
this is quite educative pls does AE ship through the Cotonou port 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by sam79(m): 4:55am On Sep 23, 2015 |
Big Cheers for detailed explanation on Auction export. I did open an account with auction export but I chickened out when I discover I got to make a $400 dollars. Though d process still looked complicated but clearer now. How much would land a Golf four including clearance? |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 8:53pm On Sep 24, 2015 |
nyabingi: Yes they do. |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by Adekiddsx: 2:29pm On Oct 01, 2015 |
Thank you for your explanation. Pls I want to know how it cost to buy Toyota 4runner 2003-2005 model |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by gbadaniyi(m): 5:45pm On Oct 01, 2015 |
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Re: Detailed Guidelines For Buying A Car From Auctionexport.com by lexyville(m): 6:38pm On Mar 02, 2016 |
Please sir, I just want to be clear on this. After paying the total cost to ship the car as specified by AunctionExport, will I still have to pay for clearing in Lagos and if so, how much? Thank you 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by Emmynet101(m): 12:37am On Jun 14, 2017 |
Do you have idea o how much i can cleared a Lexus RX 350 here in Lagos? 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 4:16am On Jun 23, 2017 |
Emmynet101: What year? |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by CrownStarPro(m): 2:36am On Jul 10, 2017 |
lexyville:Can someone answer this? And give me a mention too 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by Virgohills(m): 3:32am On Jul 10, 2017 |
How much will a mercedes benz c200 yr 2000 sports cost to get to lagos |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by lubehouse9ja(m): 6:31am On Jul 10, 2017 |
CrownStarPro:breakdown of payment 1. Payment for the car 2 payment to move the car to the place of shipment by towing 3 shipping payment for RORO or container 4 payment for clearance when if get to Lagos. When buying a car make sure you are buying a car that has a value here in Nigeria so that you will not feel the clearance fee much 1 Like |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by lubehouse9ja(m): 6:33am On Jul 10, 2017 |
Virgohills:through RORO or container? |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ExpressBooking(m): 1:36pm On Jul 10, 2017 |
lubehouse9ja: Good Job Man. 2 Likes |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by ThisisBuhari: 10:16am On Sep 22, 2017 |
how much will it cost to clear these cars in lagos port shipped roro? 1. ford edge 2008 2. toyota corolla 2010 |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by Fritz007(m): 10:55pm On Jan 13, 2018 |
Virgohills: How much will it take to get the above car or a c230k 2000 sports package, buying, shipping (roro) and clearing at Lagos. |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by uwa1(m): 8:25pm On Apr 18, 2018 |
Very detailed.... Tanks OP |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by Fritz007(m): 1:23pm On Sep 21, 2019 |
Is this topic still active?.... I am asking what it would cost to clear a 2005 Mercedes benz c230k in lagos shipped RoRo |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by princely4ever: 7:50pm On Apr 22, 2023 |
ExpressBooking: Can you update this info pls? |
Re: Detailed Guidelines For Buying A Car From Auctionexport.com by kutyaxci: 6:11am On Apr 28, 2023 |
princely4ever: Please can someone show what a receipt from Grimaldi looks like after being shipped? I was working with this guy and he sent me an edited invoice without a logo and I can see proof it has been edited because it was done poorly. Car is being shipped through Grimaldi to Cotonou and he edited an invoice which I’ve attached and blanked out some private details. But is this what a shipping invoice from Grimaldi looks like?
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Re: Detailed Guidelines For Buying A Car From Auctionexport.com by valarinz: 9:56am On Apr 28, 2023 |
kutyaxci: This is not a Grimaldi invoice, I doubt he told you it was, because the shipping company issuing the invoice is written boldly at the head of the page Nothing concern you with Grimaldi, you shipped with a shipping company and not with Grimaldi. So stop asking for Grimaldi invoice cos it's not you who opened their business for them and it's not you who will tell them how much to charge asides what Grimaldi charged them Ask shipping companies these questions before shipping next time and choose your best options. Cheers |
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