When it comes to bidding on high-end vehicles and automotive memorabilia, no auction house is more well-known than Barrett-Jackson. However, before jumping into the excitement of placing a bid, it is essential to understand and agree to the Barrett-Jackson bidder agreement.

The bidder agreement serves as a legal contract between the bidder and Barrett-Jackson, outlining the terms and conditions for bidding on and purchasing items at the auction. The agreement covers all aspects of the bidding process, including registration, bidding increments, payment, and delivery options.

One of the essential elements of the bidder agreement is the registration process. To become a registered bidder, individuals must provide detailed personal information, including their name, address, phone number, and email address. The bidder must also provide a valid credit card to be stored on file for payment processing purposes.

Once registered, bidders can place bids on items during the auction. However, it is essential to understand the bidding increments outlined in the agreement. Barrett-Jackson sets bidding increments based on the value of the item being sold. For example, for items valued at $5,000 or less, the bidding increment will typically be $100. For items valued at over $100,000, the increment can be as high as $5,000.

The bidder agreement also outlines payment terms. After winning a bid, the bidder is required to make a deposit of 10% of the total purchase price. The remaining balance is due within five business days, and payment must be made via wire transfer or certified check.

Finally, the agreement covers the delivery of purchased items. Barrett-Jackson offers various delivery options, including in-person pickup, shipping, and transportation services. It is essential to understand the costs and timeframes associated with these options before agreeing to them.

In conclusion, understanding and agreeing to the Barrett-Jackson bidder agreement is crucial before participating in an auction. By following the terms and conditions outlined in the agreement, bidders can ensure a smooth and successful auction experience. Happy bidding!