Types of Auction Fees
Auction fees can significantly impact your landed cost. Here's what to expect.
Buyer Fees
Most auctions charge a buyer fee (also called buyer premium) on top of the hammer price:
- Manheim: Typically $200-$800 depending on purchase price tier
- ADESA/Openlane: Similar tiered structure, $150-$700
- Copart: Tiered buyer premium, can be 5-15% for lower-priced vehicles
- IAA: Similar to Copart, tiered premium structure
Transportation Costs
If you're not picking up the vehicle yourself:
- Local transport (under 100 miles): $100-$250
- Regional transport (100-500 miles): $250-$600
- Cross-country (500+ miles): $600-$1,200
Other Common Fees
- Gate/check-out fee: $25-$75
- Title processing: $25-$100
- Late payment penalty: Varies, usually $50-$200
- Storage fees: $15-$50/day after grace period
Setting Up Fee Presets in LaneDock
Create fee presets in LaneDock for each auction house you regularly buy from. This ensures your max bid calculations always account for the correct fee structure.