Frequently Asked Questions

REGISTRATION

208 Registering as a buyer on AuctionXM is very easy. First read all of the information about AuctionXM and feel confident about our services. If you're ready to register, now, simply click here to complete the new member registration application. If you need a little more time you can click on Registration on the main pages later. As soon as the registration forms are complete submit them. An email will be sent to the address on the registration form asking you to verify the information and confirm your registration. One click of the mouse and the message will reach us that you wish to continue the registration procedure. Within 72 hours you will be informed by email of your successful registration.

** Be sure to register in the name that you would like the paperwork completed in. Once there is a purchase on an account the name on the account cannot be changed. If an account does not have a purchase on it yet, the name can be changed for a fee of $150 and an updated passport copy.
When the registration is complete, you will receive a password by email that will allow access to search for any North American automobile in our database. If you wish to buy a vehicle the registration is mandatory. Delivery services can also be arranged if you're a member.
Buyers must register with us because we need to collect information for verification of legitimacy. It is required that we have full knowledge of our clients. This information assists AuctionXM in the release of your vehicle to you at the port of destination. A registration will allow you to buy as many vehicles as you wish. It will also be a fast way for you to arrange delivery.
We do not collect registration fees.
Before any bids or purchases can be made a fully refundable deposit is required to be on file. Our minimum opening deposit is $1500 USD regardless of the purchase price of the vehicle. Deposits can be scaled up from there to meet your purchasing power needs. We reward purchases through AuctionXM by increasing your credit limit as more purchases are made. See the table below.

Minimum DepositLeverageCredit Line
$1,50010X$15,000
All deposits are refundable upon request. Deposit refunds are subject to a processing fee of $50. After deposit refund request, funds will be processed within 10 working days.

PAYMENT

If you are the winning bidder of the auction of a vehicle, as soon as the auction is closed you will receive an e-mail notification with payment instructions.
All international buyers must pay by wire transfer. Please be advised payments made by DIRECT DEPOSIT to our bank account will NOT be accepted. Any payments made in this manner will be subject to a 14 day hold for clearing by our bank, and you will be held responsible for all penalties incurred if payment is made in this manner and not applied to a purchased vehicle.
A wire transfer is an electronic payment service for transferring funds by wire from one bank account to another bank account. This is the fastest and easiest method of payment. Once your auction has ended and you are the confirmed winner, we will send you an email with all of the relevant wire transfer account information for your transaction.

Bank wire transfer
This email will include the name of our bank, the account number, and the transaction information needed to perform a wire transfer. Be sure to print out this email and bring it with you to your bank. Go to a branch office of your bank. Most banks require you to set up wire transfers by going into your local branch office as a fraud protection measure. Be prepared with the following on hand:
  • Picture ID.
  • Name of bank transferring funds to.
  • Account number transferring funds to.
  • Transaction Number for the Auction.
  • ABA Routing number of account transferring funds to.
  • (or) Printout of the Wire Authorization form.
Speak with a bank representative to set up wire transfer. Make all transfers prior to 2pm for processing to occur on the same business day.

We will send you an email notification once your payment has been processed . In the meantime, you can check the status of your transaction online by going to Dealer Section section on AuctionXM.com.
AuctionXM
595 ROSWELL ST
Suite J
Marietta, GA 30060
Phone: +1-678-809-1112
As a winning bidder, you pay the final auction price, auction buyer fee, and export brokerage fee, which are collected by us prior to the vehicle being shipped from the auction location. There is also a charge for title shipment from us to your shipping agent, which is generally $50 USD.
An Export Brokerage Fee is a standard fee that helps cover the cost associated with sourcing products, marketing auctions, running the marketplace and managing services such as payment collection, fulfillment and export documentation preparation for your vehicle . Unless otherwise stated in the auction, our buyer's Export Brokerage Fee is based on the final auction price. Please refer to the table below:
PriceBrokerage Fee
$0-$59,999$250
$60,000-$69,999$300
$70,000-$79,999$350
$80,000-$89999$400
$90,000-$99,999$450
$100,000-$109,999$500

The brokerage fee for vehicles over USD $110,000 will be calculated as $5 per every thousand of the vehicle's purchase price. IE: For a vehicle with a purchase price of USD $110,000 the fee will be $550 ($5 x 110)
Payment must be received within 15 days of the purchase. On the 16th day, a US$150 late fee will apply. Additional late fees of $125 per week will be charged until the unit is paid for. This payment includes the full amount of the winning bid, the buyer’s auction fee and the export brokerage fee.
Remember! The auction has the right to void any transaction.
Currently, we only accept payment in U.S. Dollars.
We will notify you via email as soon as your payment has cleared. You can also check the status of your payment online in the Dealer Section on AuctionXM.com.
Wire transfers will be posted to your AuctionXM.com account within 1 hour of processing.

BIDDING

Place your bid by entering your maximum bid amount in the "Your Proxy Bid" box on any auction view page. Once you click "Bid", we will ask you to login. After you have entered this information, the system will display a confirmation screen with all your desired bids, allowing you to verify your information before you click on "Confirm Bid".
You will use Proxy Bidding to automatically bid for you. To use this feature, enter your maximum bid amount (highest bid that you are willing to pay) into the bid box on the auction page. Our system will record your "maximum bid" amount and place a bid at the current LOWEST minimum bid. If another bidder bids higher than your LOWEST minimum bid, the system will automatically place another bid for you. You will therefore again be the current winning bidder. On your behalf, the proxy bidding system will continue to make smallest bids necessary to maintain you as the winning bidder until you are the winner of the auction or until another bidder bids higher than your maximum allowable proxy bid amount. Proxy bids are completely private and are never displayed to other bidders or auctioneer.
You will receive an email notifying you that someone has outbid your highest bid price. If the auction is still open, you will have a chance to place a new bid or proxy bid by going back to the auction page or by logging into Dealer Section.
After you have won the auction, you will receive an email notification with payment instructions. Once we receive and process your payment, we will notify you and instruct auction to prepare your vehicle for pick up and/or delivery to the shipping address on file.
A bid is a binding contract. Once the bid has been placed, it cannot be lowered, cancelled or retracted.
It is our policy to allow first time buyers to have no more than one (1) outstanding transactions that require payment. Once all outstanding transactions have been paid, you are free to continue bidding until you win an additional auction. As soon as your first transaction is complete, you will be able to bid again. A completed transaction is one that has been paid in full.
It is our policy to only allow new clients to have one outstanding bid at a time. This means that once you place your first bid, you will be blocked from placing further bids. This block will remain in effect from the time you place the bid until the auction you bid on is complete. If you do not win the bid, then you may place another bid. If you win, you will also face a restriction. This procedure is only for new clients. Once you have completed one transaction, this restriction will be removed from your account. A completed transaction is one that has been paid in full.

SHIPPING

The buyer is responsible for all shipments. AuctionXM can help arrange shipping through our shipping partner, who can place marine insurance for cars ( optional ) at a premium of 1% (.01) of declared invoice value.
Shipping estimates (land transport from the auction to US exit port and ocean transport to destination port) are displayed with every car - please only choose country and destination port.
Note: Shipping estimates are provided by third party as a guide only, and are subject to change based on rates charged by carriers.
No. There are no extra transportation charges. The only extra charges may be for the courier of the original title to US customs and back and the courier of the original title to destination ( if required ). There may be a wire transfer fee for the payment of freight.
Every client receives access and password to the shipping website https://auctionxm.com/lo/login where you will find the following information/dates: car ready for transport, scheduled pick up from auction, confirmation of pick up, delivery to the port/warehouse, loading, estimated sailing, confirmation of sailing, freight invoice, container number, vessel name & voyage number and destination agent.
All countries are not treated the same way because of differences in national security, foreign policy considerations and Federal Regulations. Cars can not be shipped to the following countries:
  • Cuba
  • Iran
  • North Korea
  • Sudan
  • Syria
Yes, after purchasing a vehicle you may purchase insurance to cover the ocean transport phase of the shipping process. This insurance can be placed at 0.9% of the vehicle value. This insurance covers both damage and total loss.

OTHER QUESTIONS

The AuctionXM website is updated daily.
The manufacturer or seller determines which vehicles will be placed on the AuctionXM. AuctionXM vehicles come from commercial sellers, such as manufacturers, leasing companies, financial institutions, and rental companies. Large and medium-sized dealer consignors and wholesalers may place their vehicles in the AuctionXM inventory.
The seller determines the price at which he wishes to sell the vehicle.
No. AuctionXM vehicle prices are not negotiable.
When a vehicle is purchased you will know all of the information about that vehicle. Invoices will be issued and location revealed. Note that when doing a basic search of a vehicle, the actual transportation costs through the port of New Jersey will be stated. Keep this cost in mind when purchasing a vehicle.
  • Grade 5 - Vehicle in excellent condition
  • Grade 4 - Vehicle is better than average
  • Grade 3 - Normal wear and tear
  • Grade 2 - Shows signs of excessive wear and tear
  • Grade 1 - Shows signs of severe abuse
  • Grade 0 - Vehicle is inoperative
No, this is not normally possible. Pictures are available usually for a particular vehicle. In some locations it may be possible to purchase additional pictures.
As a registered dealer you may access to the complete history of the vehicle from the day it was first sold after manufacture. This information is very comprehensive. It includes all registrations, accidents and the status(branding and salvage) of the vehicle.
We suggest that before you purchase a vehicle that you are certain of the options and condition of the vehicle. This is very precise and documentation will be needed if the vehicle is not as described. You would contact AuctionXM on all arbitration issues. As in the traditional auction sale, all buyers have the right to arbitrate a vehicle purchase if expectations are not met. A vehicle condition report is performed on every AuctionXM vehicle. Additional images on vehicle damage are accessible. Minor scratches and dents are described in full detail. We suggest that before you purchase a vehicle that you are certain of the options and condition of the vehicle.
When a vehicle is purchased you will know all of the information about that vehicle. Invoices will be issued and location revealed. Note that when doing a basic search of a vehicle, the actual transportation costs through the port of New Jersey will be stated. Keep this cost in mind when purchasing a vehicle.
The auction charges both the buyer and the seller and those fees that the auction charges for your purchase will be included on your invoice. These fees range from US$200-600 depending on the cost of the vehicle and the popularity of the auction. Each auction has different rates.
If you are attempting to access Manheim Simulcast from outside of the US, you will need to install a US based Virtual Private Network.
There are many VPN providers to choose from, but make sure the provider you select has US networks available.

Below, is a list of popular VPN services for your convenience.