1.
Decide How Much You Want to Spend – Keep this amount
in mind when you visit our lot to preview the vehicles or items
on preview days or the morning of the sale. Remember that KPA charges
an additional 15% buyer’s premium which you must pay in
addition to your bid price as well as a documentation fee, smog
fee, any applicable DMV/Registration fees, and sales tax.
2. Auction Preview – The Ken Porter Auction lot is open
to the public for preview Thursday and Friday, 9 AM – 5PM,
prior to the auction and 7AM – 9:30AM on the morning of the
sale. Remember all vehicles/items are sold “AS IS”.
You will be able to start the vehicles and check the mechanical
operation of items like air conditioning, power windows, and radios.
Be sure to carefully inspect the vehicles you are buying.
3. Registration – You can register to bid on
preview days at the auction or prior to the start of the auction
on sale day. The fully refundable registration fee is $300 and
can be paid in cash, cashiers check, or credit card. You will
be asked to fill out a simple registration card and a bidder number
will be issued to you. If you do not make a purchase you will
receive a refund of your deposit when you are ready to leave.
4. Bid and Buy – When the auction begins every vehicle
offered to the public for sale will be driven “across the
block” in front of the auctioneer stand one at a time. Listen
carefully; raise your card when you accept the amount offered
by the auctioneer. Other interested buyers may bid higher. Continue
bidding/raising your bidder card until the price exceeds the amount
you want to spend or you win the bid and buy the car.
5. Cashier Check Out – After you have won the bid and
made a purchase, you will need to visit the cashier window to
sign a purchase invoice and put down a 25% non-refundable deposit
or pay for the entire balance at that time. Remember all purchased
vehicles/items must be paid for in full no later than 5PM of the
following business day.
6. Check-Out and Drive Off – When you are ready to check-out
and complete your transaction, go to the cashiers window and pay
the remainder of your balance. You will be asked to sign all necessary
DMV forms. KPA will process all title work for you, and you will
be issued a temporary registration card, or you can elect to handle
it yourself directly with a State DMV office. When you are ready
to go you will be given the keys to your new vehicle and a copy
of a “Gate Pass” to present to KPA security staff
at the exit gate.
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