Resources Page3 | The Great Northern Auction

REGISTRATION TRANSFERS: DON’T ASSUME ANYTHING

New Brunswick doesn’t have a tear-away section – NS, PEI, QC, ON all have the ability to “tear” a reg, one side for the buyer & the other for the seller to send in stating that “I’ve sold this unit to this buyer”. NB is still behind in this feature, you can either ensure yourself that it’s been done or leave it up to the buyer.
Different Scenarios – American, public, out-of-province buyers, repossessions, bankruptcy cases, lease returns, trade-ins, estates units, – we sell them all on a weekly basis…In fact, we brought different situations up to SNB that weren’t covered when the new system was put in place last year.

Priced too high – the old adage “you don’t make $ when you sell the vehicle, you make $ when you buy it” couldn’t be truer. If you are putting over-allowances into units or not paying attention to what the market will bear, you could have a world champion auctioneer selling the trade-in and it still won’t fetch what you need.
Didn’t present well – the following is a list of deterrents that cause dealers to bid less on your pieces…clean cars sell, so clean them…some examples are: Smokers car, Dirty, Donut tires, Cracked windshield.
Couldn’t get a hold of you – If you aren’t rep’ing your units in the lane or find it hard to be available during the auction, you will be leaving money on the table. Some dealers have limited funds, some dealers are looking at numerous pieces….all dealers want to know & quick responses mean the difference between a ‘no-sale’ & ‘Sold’!