Auction FAQ

About Our Auctions

HIGHTRAC conducts regular equipment auctions featuring heavy machinery, trucks, trailers, and industrial assets. We offer multiple auction formats including timed online, live simulcast, and onsite events.

Buyer Information

Anyone can register to bid at our auctions. Registration requires valid identification and payment method verification. Most registrations are approved within 24 hours of submission.

Seller Information

We accept consignments from individuals, businesses, and institutions. Our team handles marketing, photography, and buyer communication. Contact us to discuss consignment terms and upcoming auction opportunities.

Frequently Asked Questions

How do I register to bid?

Visit our auction schedule, select an upcoming auction, and click the registration link for that platform. Complete the registration form and await approval.

What payment methods do you accept?

We accept wire transfers, certified checks, and approved financing. Credit cards may be accepted for smaller purchases. Payment terms are specified in each auction's terms and conditions.

Can I inspect equipment before bidding?

Yes, we encourage all bidders to inspect equipment. Contact us to schedule an inspection appointment during preview hours.

What is a buyer's premium?

A buyer's premium is an additional percentage added to the winning bid. This fee covers auction services and is standard industry practice. Premium rates are disclosed before bidding begins.

How do I consign equipment?

Contact our team to discuss consignment. We'll evaluate your equipment, explain the process, and help you choose the best auction for your items.

When do sellers get paid?

Sellers typically receive payment within 14-21 days after auction close and buyer payment verification. Exact timing depends on payment method and verification requirements.