Fee Structure (Subject to Change)

PERSONAL OR BUSINESS CHECKS ARE NOT ACCEPTED AT ANY SIERRA AUCTION LOCATION.

SIERRA AUCTION DOES NOT AUTOMATICALLY CHARGE CREDIT CARDS ON FILE.

Payments made using a Debit Card (with or without pin) or a Credit Card incur an additional 3% surcharge.

Surplus Note: If your invoice is paid-in-full on the Monday following a Sunday surplus auction close there will be no credit card convenience fees charged if paid-in-full by end of business on Monday using the link provided in your invoice. After Monday, the Buyers Premium will remain at 17% plus we will collect a 3% convenience fee for any credit card payments hereafter.

GOVDEALS PAYMENTS: For payment questions please reach out to GovDeals Customer Support at customerservice@govdeals.com or call 1-800-613-0156


Buyer's Premium and Other Charges

Please see the Special Terms and Conditions within each auction event's Terms and Conditions for more details. PLEASE NOTE: The Buyer's Premium is also taxed at the current rate per location.

  Invoice Estimator

 

ASSET CLASS  
Vehicles and Commercial Equipment See Tiered Buyer’s Premium Below
Plus 2% of Bid Price (Min. $50) - See Chart Below
Onsite Auctions 18%
Surplus 17%
City of Tempe Assets 12%
Pima County Assets 10%

 

Tiered Buyer's Premiums - All Vehicles/Equipment Assets

From Bid Amount To Bid Amount   Amount Added to Invoice
$0 $999 = $99
$1000 $1499 = $199
$1500 $1999 = $299
$2000 $2999 = $399
$3000 $3999 = $499
$4000 $4999 = $599
$5000 $5999 = $699
$6000 and above = 12%

Other Fees Include:

  • See Admin Fee for Passenger Vehicles - Click Here
  • See Admin Fee for Fleet & Heavy Equipment - Click Here
  • See Admin Fee for Nonrunning & Stationary Vehicles - Click Here
  • See Admin Fee for Toys (Boats, RVs, Motorcycles, Carts) - Click Here
  • $95 Per Duplicate Title (If Applicable). Buyers Have 15 Days To Change The Title Into Their Name.
  • 3% Per Day Of The Outstanding Balance Late Payment Fee
  • $10 Per Day Storage Fee Per Lot


Renege Fees:

PLEASE NOTE: A 3% credit card convenience fee is assessed when collecting the renege fee using a credit card.

  • Vehicles & Commercial Heavy Equipment Renege Fee:
    Minimum $250 or 14% of the total bid price, whichever is greater.
  • Surplus Renege Fee:
    Minimum $200 or 17% of the total bid price, whichever is greater.
  • Onsite Auctions Renege Fee:
    Minimum $200 or 18% of the total bid price, whichever is greater.

(Fee must be paid in order to be considered for bidder reinstatement into our auctions.)


$100-$500 REGISTRATION DEPOSIT HOLD:

If you, the buyer, registers for any of our auctions through our bidding platform and DO NOT meet the criteria for bidding, Sierra Auction will require either a $100 deposit hold (Onsite Auctions ONLY) or up to a $250 deposit hold (vehicles & commercial equipment) in order to participate in our auctions. This deposit/hold CAN be applied to your final invoice total ONLY if used for the final payment balance of the item(s). Deposit/hold refunds can take up to 30 days depending on the time it takes YOUR bank to release. If you ARE the winning bidder of an item in auction and payment has not been made according to Sierra’s terms and conditions, the $100-$500 registration deposit hold will be charged as a penalty for breaching the purchase contract (renege fee). Please make sure to familiarize yourself with all of our terms and conditions.


Credit Card/Debit Card Program for Vehicles/Commercial Equipment

Sierra Auction now accepts credit cards and debit cards as payment on your vehicle or commercial equipment purchase!

Credit/Debit Card Surcharges
  • 3% on the total invoice amount, including taxes and fees

TERMS
  • Must sign a Credit Card/Debit Card Bidder Agreement - Download Bidder Agreement
  • Must use Sierra’s payment portal. Sierra WILL NOT accept credit card payments over the phone, via US mail or email, or through text messaging.
  • Must have a copy of a Valid ID that accompanies a paid invoice at the time of pick-up
  • Address of Credit Card and ID must be the same
  • Title is mailed out in 7 Days

Questions? Call 602.242.7121 or email us at info@sierraauction.com


IMPORTANT INFORMATION

SALES TAX 8.6%

ATTENTION: Per city code, if you are a City of Phoenix or a City of Tempe employee, you are not permitted to bid on any City of Phoenix or City of Tempe assets respectively, either knowingly or unknowingly. By participating in our auction, you agree to this restriction & will abide by it.

STARTING JANUARY 1, 2016, SIERRA WILL NOT BE ACCEPTING PAYMENTS BY PHONE. IF PAYMENT HAS NOT BEEN RECEIVED BY DUE DATE, SIERRA RESERVES THE RIGHT TO CHARGE THE BUYER THE FULL AMOUNT DUE AND/OR A PENALTY FOR BREACH OF CONTRACT AND THE BUYER AGREES TO ALLOW SIERRA TO CHARGE THIS AMOUNT. BUYER ALSO AGREES TO WAIVE ANY RIGHTS FOR CHARGEBACKS RELATED TO THE PURCHASE.

 

Bid Increments Vehicles

From Bid Amount To Bid Amount   Increment
$0 $999.99 = $50
$1,000 $4,999.99 = $100
$5,000 $24,999.99 = $250
$25,000 $49,999.99 = $500
$50,000 $99,999.99 = $1,000
$100,000 $249,999.99 = $2,500
$250,000 $999,999.99 = $5,000
$1,000,000 and above = $10,000

 

Bid Increments Heavy Equipment

From Bid Amount To Bid Amount   Increment
$0 $999.99 = $50
$1,000 $4,999.99 = $100
$5,000 $24,999.99 = $250
$25,000 $49,999.99 = $500
$50,000 $99,999.99 = $1,000
$100,000 $249,999.99 = $2,500
$250,000 $999,999.99 = $5,000
$1,000,000 and above = $10,000

 

Bid Increments Nonrunning/Stationary/Specialty Vehicles

From Bid Amount To Bid Amount   Increment
$0 $4,999.99 = $50
$5,000 and above = $100

 

Bid Increments Surplus/Onsites

From Bid Amount To Bid Amount   Increment
$5 $9.99 = $0.50
$10 $24.99 = $1
$25 $99.99 = $5
$100 $249.99 = $10
$250 $499.99 = $25
$500 $999.99 = $50
$1,000 $4,999.99 = $100
$5,000 24,999.99 = $250
$25,000 $49,999.99 = $500
$50,000 $99,999.99 = $1,000
$100,000 $249,999.99 = $2,500
$250,000 $999,999.99 = $5,000
$1,000,000 and above = $10,000

Phoenix Office

  • 3570 Grand Ave. Phoenix, AZ 85019
  • Phone: (602) 242-7121
  • Fax: (602) 246-1903
  • View Map

Tucson Office

  • 3911 N Highway Dr, Tucson, AZ 85705
  • Phone: (602) 242-7121
  • Fax: (520) 882-1553
  • View Map

Business Hours

Phoenix Location

  • Monday-Friday: 8am to 4pm
  • Saturday: Closed
  • Sunday: Closed

Tucson Location

  • Monday-Friday: 8am to 4pm
  • Saturday: Closed (Auctions online ONLY, 1st and 3rd Saturday)
  • Sunday: Closed
  • Preview Days (Thursday & Friday before Auction): 8am-4pm

Useful Links