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Buyer FAQ2023-12-08T15:30:59+00:00

Thank you for choosing Rail & Road Auctions as your destination for transportation collectibles. Whether you’re an avid collector or a first-time bidder, our Buyer FAQs are designed to provide you with essential information to enhance your auction experience. From understanding the bidding process to details about payment, pickup, and shipping, we’ve compiled answers to commonly asked questions to ensure your journey with Rail & Road is seamless and enjoyable. If you have any further inquiries, feel free to explore the FAQs below or contact us directly at info@RARauctions.com. Happy Bidding!

Can Rail & Road Auctions Provide Me a Shipping Estimate?2024-03-04T00:26:38+00:00

At Rail & Road Auctions, providing precise shipping costs upfront can be challenging due to the variable nature of auction outcomes. We understand the importance of transparency, and while we strive to offer accurate estimates, the final shipping cost is contingent upon factors such as the items won and their respective dimensions.

It’s important to note that our shipping calculations encompass various components including labor, materials, insurance, and the actual shipping label cost. It’s worth highlighting that the majority of our packing is conducted in-house, ensuring quality and efficiency. While our shipping department is structured to cover its operational expenses, it’s worth noting that our approach is significantly more cost-effective compared to external packing services such as those offered by local UPS stores or other third-party companies.

How is shipping handled, and when will I receive a shipping invoice?2023-12-08T15:29:24+00:00

Rail & Road Auctions handles the majority of shipping in-house using the Shipping Saint system. After successful payment, the shipping department will send a total shipping invoice via Shipping Saint. Fragile or uniquely shaped items may be shipped via external companies, and customers will be notified accordingly. Many items are ready for shipping between one and four days after their auction invoice is paid. Freight / palletized orders may take longer. 

What can consignors expect in terms of communication and documentation throughout the selling process?2023-12-08T17:29:13+00:00

Rail & Road prioritizes communication with consignors, providing clear and concise documentation at every stage of the selling process. The integrity of every item sold is upheld, ensuring transparency and trust. You will receive communication when we begin the catalog process, a month before the auction, and at settlement. Consignors are always welcome to email or call at any point during the process for updates and to discuss any questions they have about their collection. 

When is payment for auction winnings due, and how can I make a payment?2023-12-08T15:29:45+00:00

Payment is due upon receipt of the invoice. Electronic payments can be made through our Auction Invoice Payment Page. You can access this page by Clicking Here. Invoices exceeding $5,000 must be paid by check, wire transfer, or money order, as specified in our terms and conditions.

How can I save on buyer’s premium?2023-12-08T15:30:07+00:00

Bidders using Rail & Road Auctions’ in-house bidding platform at www.RARAuctions.com can save up to 5% on their buyer’s premium. Participants through this platform only pay a 17% buyer’s premium. Learn more and register for upcoming auctions on our website.

How can I pick up my items, and when are the available pickup dates/times?2023-12-08T15:35:30+00:00

Winners opting for item pickup must collect their items from Rail & Road in Lafayette, Indiana. Pickup dates are scheduled on Mondays, Wednesdays, and Thursdays for two weeks following the auction, from 8:30 AM to 3:30 PM Eastern Time. Our warehouse address is 1400 Canal Road Lafayette IN 47904. 

Is there a mobile app available for bidding and catalog access?2023-12-08T15:35:57+00:00

Yes, Rail & Road Auctions provides a dedicated bidding and catalog app for both Apple and Android users. Search for “Rail & Road Auctions” in the App Store or follow the links on our website at www.RARAuctions.com to download the app.

How does Rail & Road ensure a safe and transparent selling experience for consignors?2023-12-08T17:34:26+00:00

Rail & Road guarantees a respectful handling of collections from pickup to the issuance of the last check. The selling process emphasizes communication, documentation, and integrity. Collections are fully insured while at Rail & Road, and consignors can expect payment approximately 30 days after the sale date.

What happens if I fail to pick up or arrange shipping within 30 days?2023-12-08T15:35:08+00:00

Failure to pick up items or make shipping arrangements within 30 days of the auction’s close will result in the property being considered abandoned and becoming the property of Rail and Road LLC with no refunds.

Are there any tax implications for out-of-state buyers picking up items in Indiana?2023-12-08T15:34:48+00:00

Yes, out-of-state buyers picking up items in Indiana are subject to a 7% Indiana sales tax, as per state law. Exceptions are available for tax-exempt buyers with valid certificates.

How can I contact Rail & Road Auctions for additional questions?2023-12-08T15:34:32+00:00

For any additional questions, please email us at info@RARauctions.com. We appreciate your choosing Rail & Road, and we strive to make your bidding experience as positive as possible.

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