Why There's a Deposit
The deposit secures the car after you win and shows you're committed before delivery is arranged. It's standard practice.
How Much Is It?
Typically 10-30% of the purchase price, depending on the vehicle and the auction's policies. Your Sales Agent will confirm the exact amount after you win.
It's Not an Extra Fee
The key thing to understand: the deposit is applied directly to your purchase price. It reduces what you owe, rather than being added on top.
Timing
The deposit is collected shortly after winning, before delivery is scheduled. Make sure the funds are ready before you bid, so there are no delays.