Reply from Online Car AuctionsSep 8, 2018
Hi Victor,
Thanks for taking the time to make your review above. We just wanted to clear up any confusion or misunderstanding regarding the price of the car or the amount you paid.
In order to purchase any car on our site, you need to place a deposit to give you Buying Power. The deposit should be 10% of the amount that you wish to spend on the car. For example, if you wish to spend $5,000 on the car you will need to make a deposit of $500. The minimum deposit we accept is $400 and you can spend up $4,000 to purchase a car. The deposit that you place can only be fully refunded if you do not have any outstanding bids or offers, have not used the Buy Now option for a car and have no outstanding balance on your account with Auto Auction Mall. If you successfully purchase a car through Auto Auction Mall, we will apply the deposit you placed towards your car purchase price.
In your case, you found a car that was $625 plus additional fees. The additional fees totaled $809, which included our Auto Auction Mall fee of $299, the documentation fee, bank fee, auction clearing house fee (paid to the auction clearing house) and the wire fee. We then added those up and reduced the total amount owing by the $400 deposit you provided. The result was a balance owing of $1,034. You paid this amount, with thanks.
If you had wanted the $400 refunded to your credit card, you would have needed to wire a total amount $1,434. Once we received that wire amount, we would have then refunded the $400 to your credit card.
We were very clear with you about the deposit process (and that it would be applied to your final purchase price) as well as the car cost and fees.
On our site we discuss fees and the deposit process in the FAQ section. You can also find an estimate of fees in the Fee Calculator which is found on each car listing.
If there is anything else we can clarify or help you out with, please feel free to contact us.
Regards,
Auto Auction Mall Team.