Tips & Facts
Good to Know
1. Gary Hanna Auctions specializes in Commercial & Industrial:
Commercial is all types of business in retail to services.
Industrial is all types of business in equipment to inventory.
2. Dealer & Private Consignors
Dealers are those who are licensed as dealers by AMVIC (vehicles).
Private consignors are those who own the item but are not in business (vehicles and general goods).
3. Banks & Trustees
These products are normally considered as repos (vehicles and general goods).
4. To consign a vehicle:
If you wish to consign a vehicle you must be the present owner of the vehicle. Dealers must have their AMVIC license on file with us, a dealer contract and fill out a GST form (if applicable).
As a Private consignor, you must provide a current registration and driver’s license to consign a vehicle. If you do not have a current registration you must provide your bill of sale for the vehicle, your driver’s license and obtain a vehicle information report (VIR) from a registry. VIR’s are different than lien searches, so make sure you get a VIR. There is a book-in fee to consign a vehicle.
5. To consign miscellaneous goods:
6. Salvage, repaired, and non-repairable title (taken from The Government of Alberta Transportation Salvage Vehicle Inspections webpage):
A salvage vehicle, commonly referred to as written-off by people outside the automotive industry, is a motor vehicle that can be rebuilt.
A salvage vehicle that has passed an inspection is given a “rebuilt” rating on the vehicle registration form, which indicates it has been repaired, can be re-registered and driven on Alberta’s roads.
Any vehicle declared non-repairable will not be issued any further certificate of registration. They are damaged in such a way that it is non-repairable and cannot be registered. These vehicles can only be dismantled for parts.
First-Time Auction Goers
- I know how much fun an auction can be, but you can get caught up in the frenzy. So sit back and watch for your first sale.
- Familiarise yourself with buyers’ fees. All auctions are different. A buyer’s fee is a charge over and above the selling price.
- Only listen to the numbers, not the filler words. This way you can understand where the auctioneer is and how much more he/she needs to increase the bid.
- How to bid: always make sure the ring man or the auctioneer can see you. If you are standing behind someone or out of view of the auctioneer we will miss your bid. To bid, raise your hand with or without the bid card. If you think we missed your bid, make yourself seen and heard. We will take a bid if you are making eye-contact with us.
- Know the hard stuff: When you bid at an auction and the auctioneer says SOLD, you have a legal and binding agreement that title transfers to you and you have to pay for the item.
- All auctions have what we call viewing. It is a must that you attend the viewing so you can tell the condition of whatever you are buying.
- Removal: all auctions have a deadline as to when purchases must be removed. Some auctions charge storage on items left behind, so make sure you pick up your items in a timely manner. Always remember—you own it so if it goes missing it is your problem. Pick it up!