HOW TO BUY
Buying industrial equipment and vehicles is easy with CAG. Here’s how it works:
1. Register as a Buyer.
In order to bid on an item buyers must create a free account for immediate approval by Central Auction Group before you are authorized to participate in auctions and bid on items. Creating an account allows you to add items to your watch list, edit preferences, post your own items, and place bids. Most importantly, it enables us to proactively work for you on items that come up for bid that you may be interested in both now and in the future.
2. Browse Auctions and Find Items.
You can see all auctions in progress by visiting our Auctions page. Once you locate items of interest, you can start bidding or add them to your watch list. Your watch list is accessible through your “My Profile” section once you have registered and logged into Central Auction Group.
3. Place a Bid.
Central Auction Group Items can be won in four different ways:
- Make an Offer allows you to send an offer to the seller on their material. If the offer is accepted, you will be contacted directly and the auction will be closed to additional bids.
- Bid Exactly allows you to place a one-time bid of a definite amount. You will receive an email and/or phone call if another user outbids you for that item. At that time, you can log back into the website and choose to enter a higher bid. E-mail notifications will not be sent during the last hour of the auction.
- Auto Bid gives Central Auction Group permission to automatically increase your bid when someone outbids you, up to your maximum bid amount. Auto Bid saves you time and effort by doing the bidding for you.
Incremental Bid Amounts:
| ITEM PRICE | BID INCREMENT |
| $.01 – $10,000 $10,000 to $50,000 $50,000 + | $50 $250 $1,000 |
- Buy it Now allows you to purchase the auctioned item for a predetermined set price. Not all listings will have Buy it Now options, but if available, it does it offer an immediate purchase of the listed item.
4. Send Payment and Arrange Shipping.
At the close of a listing, the highest bidder will be invoiced by Central Auction Group. We will notify the buyer when payment has been received and the item is ready to be released. Currently, Central Auction Group only accepts Wire Transfer, Cashiers Check, or Company Check. If payment is made by Company Check, the items will not be released for 10 business days.
