![]() ![]() $125.00 Broker Title Processing Fee (plus applicable sales tax rate based on state of residence).If there is a lien holder on the item purchased a $1.00 fee is assessed by the State of Michigan and will be added to your invoice. If you request a temporary tag a $1.00 fee is assessed by the State of Michigan and will be added to your invoice. The applicable fees will be added to your invoice. Fees are based on a calculation of new vehicle class and previous vehicle registration fees (required by State of Michigan). If not, you must be prepared to tow or trailer your titled item. If you wish to have us do so, you MUST provide us with proof of insurance for the purchased titled item before you can remove it from the auction site. At your request, we can apply for your plates and registration on your behalf. $15.00 fee for State of Michigan title transfer will be charged.$125.00 Broker Title Processing Fee (plus Michigan state sales tax) will be charged for all titled items which we are required to broker.is required by the State of Michigan to broker all vehicles, trailers or titled items sold.įees Associated with Purchasing an item that requires a State of Michigan transfer of title ownership. ![]() Note to the buyers of titled items:, Inc. Qualifications for 3% Buyers Premium Discount ![]() Unless auction location is the same as Corporate Office or Wayland Auction Center. PAYMENTS ARE NOT ACCEPTED AT THE AUCTION LOCATION. WAYLAND AUCTION CENTER: 3450 12th Street, Wayland, MICHIGAN 49348ģ. REPOCAST CASHIER OFFICE: 601 Gordon Industrial Ct., Byron Center, MICHIGAN 49315Ģ. Cash, Check and Credit Card payments: accepted at these REPOCAST locations ONLY with the REPOCAST cashiers:ġ.Wire Transfer: Refer to details on invoice.Please confirm that your bank allows ECA processing prior to presenting a Personal or Business Check as a form of payment. The voided check will be returned to person presenting upon approval of electronic fund transfer. *Personal or Business Checks will be processed through TeleCheck ECA service which converts a paper check into an electronic item at the point of sale. This discount does not apply to payments made by Credit/Debit Card, Personal or Business Checks.Ĥ. There is a 3% discount on the buyer’s premium only when the invoice is paid in full with Cash, Cashier’s Check or Wire Transfer. A cashier’s check with a face value of $10,000+ will not require the IRS 8300 form.ģ. Payment of $10,000+ with cash, or specific forms of payment (cash, money order, cashier’s checks with a face value of less than $10,000.00 each) which combine for a total of $10,000+ will require completing the IRS 8300 form. The intent of the requirement is to protect you and us, ensuring the items make it to the winning bidders.Ģ. The photo ID and thumbprint requirement is a security measure to document the actual person picking up item(s) from our facility. We respect your privacy and we value you as a customer. Photo ID and thumbprint will be scanned during every transaction at the time of pickup. Personal or Business Check* – Payable to.Credit /Debit Card (Visa, Discover, MasterCard, AMEX) (maximum payment may be in effect for Credit/Debit Card).Wire Transfer (details included with invoice).All payments required within 2 days of auction. Payments are not accepted at the auction location. Be sure to insure your shipment with the carrier. ![]() Once items leave our premises, we are no longer responsible. Please bring any necessary tools with you at time of pickup. Items NOT removed within auction terms will be considered abandoned and forfeitedīuyer is responsible for DISASSEMBLY, LOADING, PACKAGING & SHIPPING of items purchased.Īuction staff will not have tools available for disassembly. Otherwise noted in description of individual lot(s) The intent of the requirement is to protect you and us, ensuring the items make it to the winning bidders. If you need use of a forklift, these are the ONLY dates the forklifts will be available for loading. We will have forklifts available on and only. *Note: most equipment is in non-running order and requires use of a forklift to load. ![]()
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