Paying for All assets
Upon successfully winning an auction, our system will automatically send a notification to the email address associated with the High “Bid” or “Buy Now” account. This email will contain the invoice and detailed instructions to complete the purchase, including the necessary steps for making the payment via wire transfer. It’s important to note that the invoice will provide specific payment instructions.
In case the email is not immediately visible in your inbox, please check your “junk mail” or “spam” folder to ensure that the notification is not overlooked. We strive to ensure the delivery of these important communications and encourage recipients to monitor their email folders accordingly.
Please be advised that payment for the vehicle and all associated assets can only be made through Bank Wire Transfer.
Baileyautorepos, LLC does not accept any other form of payment, including Credit Cards, PayPal, Cashier’s Check, or vehicle trade-ins.
Making a bank wire transfer involves the following steps:
1. Contact your bank: Begin by contacting your bank either in person, over the phone, or through online banking to initiate the wire transfer process.
2. Provide recipient details: You will need to provide the recipient’s name, account number, and the bank’s name and address. In this case, you will need the details provided in the invoice received after winning the auction.
3. Verify fees and exchange rates: Your bank will inform you about any fees associated with the wire transfer, as well as the exchange rate if the transfer involves a different currency.
4. Initiate the transfer: Once you have provided all the necessary recipient details and verified the fees, instruct your bank to initiate the wire transfer.
Regarding the email notification, it’s important to check your “junk mail” or “spam” folder if you don’t see the email in your inbox, as it may have been filtered there. This will help ensure that you receive and review all the necessary details and instructions for completing the purchase.
– Bank name and address
– Account name and address
– Account number
– Routing number
– Wire reference number
After completing the bank wire transfer, kindly upload the payment confirmation receipt as specified on the invoice.
For international customers, it’s important to note that intermediary banks involved in the wire transfer process may impose additional processing fees. These fees are separate from the charges levied by the originating bank and will be deducted from the wire transfer amount. When making the payment, please consider these additional fees and ensure that the total amount sent covers all associated charges.
All “Offers” or “Buy Now” are considered final, meaning that if your “Bid” or “Buy Now” is accepted, you are obligated to complete the purchase. It’s crucial to ensure that you are fully committed to purchasing the vehicle before placing an “Bid” or “Buy Now”. If you have any doubts about proceeding with the purchase, we advise refraining from placing an “Bid” or “Buy Now” to avoid any potential issues.