Buy Now price gives an option to users to purchase the item immediately at a fixed price and by pass the bidding process.
A Reserve Price is the lowest price at which we will sell a vehicle via the auction process. Kipling Auction is not obligated to accept winning bid that is lower than the reserve price.
If all active bids are lower than the reserve price and the auction expires then there will not be any winner for that auction.
Once you submit a bid, this cannot be undone. So you should carefully review the amount of your bid before submission.
All vehicles purchased using our Services are subject to certain auction fees. (collectively “Auction Fees”). The type and amount of applicable fees is available. The Auction Fees apply to each vehicle you purchase using our Services. You are responsible for knowing the type and amount of fees that apply before placing your bid.
You cannot bid on or purchase any vehicle without first registering and creating your Member Account.
Before you place a bid or buy a vehicle, we strongly advise you to educate yourself on the auction process and our Services.
Primarily, we want to make sure you understand the nature of your transaction with us. Although you ultimately purchase the vehicle from us at the time of your bid the vehicles listed on our website are offered for sale by independent third-party sellers. In other words, the vehicles listed on our website are not owned by us nor in our inventory. Instead, the vehicles listed on our website are available for us to buy for the sole purpose of resale to you. The way this works is that when you place a bid on any vehicle using our Services, If your bid is the winning bid, you are obligated to purchase the vehicle from Kipling Auction for the amount of your bid (plus applicable fees).
When an auction is won, our system will send a notification with an invoice attached, to the email address we have on file for the Highest Bidder. The invoice will include payment instructions.
Payment for the vehicle can only be made by bank wire transfer or account to account bank transfer.
Our greatest asset is the reputation we have built over the years in terms of reliability, integrity, transparency, trust, and excellence in the auctioning services