SELL YOUR VEHICLE WITH US
Registration - $179
Commission with Reserve - 8%
Minimum $500 Commission
Commission No Reserve - 5%
Minimum $300 Commission
Listing on this Website with up to 25 Pictures and/or 1 Video
Listing on Proxibid Timed Auction
Post on Facebook, Instagram & Kijiji; $79.00
Vehicle promoted in Proxibid Classic Car weekly email campaign; $150/Week
Premium International Package
Feature Ad on Proxibid Website; $450/Week
Consignments and consignment line-up are first-come first-served basis. Auction Lot numbers are not reserved without an registration fee confirmation. Lot numbers will be assigned at Franklin Auction’s discretion.
Payment can be made using our credit card payment form or an email invoice will be sent once your registration forms are received. Your registration in the Auction is not confirmed until payment is received.
To avoid issues, before consigning, make sure the vehicle identification number (VIN) and title match. Detail (clean/wax/shine) your vehicle inside, outside and under the hood to achieve maximum bids for your vehicle.
Please read the terms and conditions in our Seller's Contract before consigning your vehicle as this is just a brief outline; then just let the experience and knowledge of Franklin Auction do what it does best - sell your vehicle.
Selling with a reserve
Consigning your vehicle with a 'Reserve' means you can set a minimum price at which you are willing to sell. Only you and our employees will know the Reserve price. This is a special feature for you and is kept private and confidential. In setting a Reserve, it is important to be realistic about the set price as it is the minimum you will accept.
If the bidding does not reach the Reserve amount, you do not have to sell your vehicle and no other fees will be charged to you. However, when your car is on the auction block, you will have the option to lower your Reserve price to the last amount bid. Bidders would then know your vehicle's reserve has been lifted and is now going to sell to the highest bidder. This can create a bidding frenzy. Franklin Auction’s goal will be to achieve as much money as possible and the auction will continue until there have been no additional bids for two full minutes.
If the Reserve is not met but the final bid is close to reserve, we will contact you with the final offer and you may choose to accept the final bid.
Selling without a reserve
'No Reserve' allows your vehicle to be sold to the highest bidder regardless of price. With a No Reserve car on the auction block, people will know the vehicle will sell and the highest bidder will own it. This is the best way if you want to sell your vehicle and are willing to take a chance on what it sells for. Although the risk seems greater, the Franklin Auction team has experienced that the reward can be greater as well. As our consignors are realizing more and more, when properly advertised, displayed, and promoted, 'No Reserve' vehicles tend to bring more than market value. Call us if you would like to discuss the benefits of selling without a Reserve.
After your vehicle's auction has completed, you can view the final results on Proxibid and will be contacted by our office within 72 hours with more information. A clear, transferable title will be required when your vehicle sells. Complete your portions of the documentation prior to the vehicle being picked up by the buyer or their transport company.
If your vehicle does not sell, contact us to learn more about our next auction date.
Payment for the sale of your auto will be mailed out promptly within 12 business days (Canadian buyer) or 25 business days (International buyer) after the Auction date along with a summary of the proceeds.