Payment
All payments must be received no later than 3 days after the sale date. US Dollars are the only acceptable currency for payments. Full payments for successful purchases must be sent by bank wire transfer.
Financing calculator
Financing
It's necessary to be pre-approved for financing (for this purpose, send email to sales@auctionexport.com with VIN of the car prior to the purchase).
The current financing rate is 2% per month from the date of the purchase for a 2 months timeframe.
The admin fee is $100 for every 30 days that the purchase is financed. An admin fee is charged on each separate financed purchase. The admin fee is not refundable.
Maximum financing term – 60 days, which is two 30 day terms.
Minimum security deposit is 33% from the total invoice price of the vehicle.
Obligatory ocean shipping insurance cost is 1.5% of the total cost of the vehicle and all commissions and fees.
Customer agrees to pay for the balance of the financed vehicle by the end of the 60-day financing term.
If a customer refuses to pay for the remaining balance of the purchase at the end of the 60-day financing term, AuctionExport has a right to resell the car and charge the customer his 33% deposit as a penalty.
Balance payment must be done after 2 months period or at the time of arrival of the car, whichever comes first. All financing charges and admin fees are nonrefundable.
AuctionExport has the right to refuse financing for any reason.
Financing Process
Purchase
$10,000
Deposit 33%
$3,300
Balance to pay on arrival to Destination port
( No later than 2 month from date of purchase )
$6,700
Amount financing after deposit 33%
$6,700
Financing for 2 months
Admin fee $100 x 2 month = $200
Financing charges from $6,700:
2% x 2 months = $268
Mandatory insurance 1.5% of the total invoice:
$10,000 = $150
Example:
$10,000 - $3,300(33%) = $6,700
Payment must be done on time of the arrival or no later than 2 months from purchase date
Due to pay on signing invoice:
Deposit 33%
$3,300
Admin fee
$200
Financing
$268
Insurance
$150
Total
$3,918
Answers to popular questions
Did you not find the answer to your question? Contact our manager
Deposits can be done by Worldpay using your Credit/Debit card or by bank wire transfers. You can print out our Bank Wire Instructions from your AuctionExport Profile. Full payments for your purchase must be done by bank wire transfer only.
AuctionExport does not accept third-party payments. AuctionExport is obligated by law to "Know Your Customer", therefore, third-party payments are a high risk to our customers as well as our company. We appreciate your business, however, cannot compromise our integrity by making exceptions. Please contact AuctionExport for clarification at help@auctionexport.com.
• For deposits with bank wire, you can print out our Bank Wire Instructions from your AuctionExport Profile.
• To pay for your purchase, please note that each Vehicle Wholesale Agreement (the invoice) has our bank wire information attached. You can provide this information to your bank or use it for online banking. Please make sure to send us a copy of your payment confirmation as soon as it is available.
We only accept US Dollars.
We offer financing to the following destinations: Finland, Germany, Lithuania, Nigeria, and Ghana. Pre-approval is required. Please contact us before placing a "BID" or "BUY NOW" request, as financing is not available to all vehicles. For further information on financing, please email us to sales@auctionexport.com.
You have 3 days (including the day of purchase) to pay in full for your Wholesale Vehicle Agreement (the invoice).
You will receive an automated email notification. You can also check the status of your payment in the "Finance" section of your profile.
Canada has economic sanctions and related measures in place against a number of countries. We will not approve an account if the member is in any of these countries. For more information, please visit the official website of the Government of Canada.
No. Vehicle Wholesale Agreement (the invoice) has to be paid in full in order to start the shipping process. You may also contact us prior to the purchase to find out if the car qualifies for Financing. Please email us to sales@auctionexport.com.
No, we don't accept cryptocurrencies. AuctionExport receives payments in USD (American dollars only). The payment can be done through a credit card and by bank wire transfer.