Registering to bid is free quick and easy

Registration is quick and simple and will pre-qualify you to bid on your dream car at our next auction. Registered bidders will receive our complete inventory list for upcoming auctions, as well as invitations to live events in your area. Unlike other auction companies registering at Spectrum Vehicle Auctions is always free.

Register To Bid Registering has never been easier.

OR Fill in our 2 minute express registration form click here

Absentee Bidding

See a car in an upcoming auction you want to buy but are busy that day? Don’t worry, you can use our absentee bidding feature. This feature allows you to set a maximum price your willing to pay on a specific lot, and the software will bid for you incrementally up to your maximum offer. This feature is available for free when you register to bid.

If you are ready to start bidding you can use the following forms to register & guarantee your funds.

Bidder registration form

Register to bid at any upcoming auction

Examples of a bank letter of guarantee

Give this to your bank contact and request they use that format for your funds guarantee letter

Guarantee of wire transfer

Have your bank use this form if you are using a bank wire to guarantee funds and/or paying for a winning bid.

Verification of dealership ownership

Fill this in if you own the dealership that is bidding however your name is not on the dealership license

Designated bidder Form

Fill this in if your dealership is sending an authorized representative to bid on the dealership’s behalf

If you have any questions regarding registering to bid or your proof of funds please call us at
1-855-2-BID-NOW. You can also use our live chat 24 hours a day to get answers to any questions you have.

Bidder Registration Requirements

Bidders will receive a Bidder number once all the registration items have been received and the payment method for the purchase of the vehicle has been approved. Bidders’ credentials will not be issued unless the application is duly completed without any omissions of all necessary items. 

Online Buyer’s Premium: 5 %

NOTE: Payment must be made for each vehicle purchased within 48 hours of auction finishing. The buyer’s premium is added to the hammer price. The premium as well as all other applicable fees and taxes is the responsibility of the buyer at the time of payment. 

Requirements For Bidder Agreement Form

  • Bidder agreement form is to be submitted with the required items listed below.
  • Registration fees (All applications must be received at least 24 hours prior to the auction). (All fees are not refundable. For payment of fees we accept credit cards or personal/business check.)
  • Terms and Conditions pages must be signed.
  • Government issued ID such as drivers license, identification card or passport. (front and back of drivers license or ID cards needed)
  • Proof of current vehicle insurance valid until the date of the auction.

The Bidder Number Will Not Be Released Without Proof Of Available Funds

      Please choose one of the following

  • Option 1: Spectrum Car Auctions exclusively recommends XXXXX, a national auto finance company, to offer our Spectrum Car Auction customers low monthly financing options. To get more information and on how to get pre-approval, visit XXXXX or call 000.000.0000. $ 30,000 is the minimum pre-approval needed.
  • Option 2: Bank Letter of Guarantee for citizens of the United States (Checks for the purchase of vehicles must be made from the account indicated in the Bank Letter Guarantee. Checks issued against another bank or investment account will not be accepted by our finance department). Minimum bid limit of $ 30,000. Bank statement or Verification of Deposit letter is not acceptable as a Letter of Guarantee. The letter must be written on the bank’s letterhead and addressed to “Spectrum Car Auctions “, indicating the dates of the auction
  • Option 3: Wire Transfer: Bidders who use bank accounts inside or outside the United States can wire Spectrum Auctions a deposit. This deposit will be applied to any winning bid. Any remaining balance must be paid within 48 hours of the auction finishing. Any deposit not used will be returned to bidder within 5 days after the auction. Minimum deposit amount is $ 30,000.
  • Option 4: Pay a bid deposit in the form of credit card or checks (cashier, personal or business). To obtain a minimum bid limit of $90,000, you will be required to make a credit card or check deposit of $ 20,000. If a vehicle is purchased, the remaining amount must be paid in cash, by check or by bank transfer within 48 hours of the auction close. If you are using a personal/business checks as a means of depositSpectrum must receive it at least 5 business days prior to the auction date.
  • Because of reporting, you are required to provide your Social Security number if you wish to use this option

Registration Information For Dealers

  • Dealers are required to provide a copy of their current merchant license AND a copy of your current resale/tax ID. The following additional information is required:

    • Verification of Distributor Ownership – If the dealership belongs to you and your name is not on the distributor’s license or government resale/tax ID.
    • Dealer Authorization to Bid – If you are a dealer representative and not the principal/owner.

    FOREIGN CITIZENS

    You can only pay registration fees by credit card, cash, or cashier’s check.

For More Inforamtion On Registring To Bid at Our Next Auction, Please Fill In The Following Form, and One of Our Representatives Will Get Back To You Within 24 Hours.