Buy a Car
Please read the following information carefully.
What does it cost to become a registered bidder?
There is a $100 bidder fee due at the time you register. We accept cash, check and all major credit cards for the registration fee.
If you are consigning a car to the auction, your bidder passes are complimentary. Please contact our office to complete the bidder registration process.
Where/How do I register to bid?
You can become a registered bidder by calling our office, signing up via our website or at the auction site.
What are the benefits of being a registered bidder?
You receive two admission tickets for everyday of the sale, special seating for two in the bidder section and a complimentary gift.
If I register to bid at one auction, am I registered to bid at all auctions?
Only if you are a LEAP Card holder. The Leake Express Auction Pass (LEAP) was recently introduced and has an annual membership fee of $300.
Member benefits include:
1. Access for you and a guest to all auctions that Leake Auction Company holds annually;
2. Same bidder number at each auction. Just check in at Bidder Registration to obtain your guest pass, VIP gift and let us know you are with us;
3. When you are ready to check-out, notify the hostess at the office 30 minutes in advance of your desired departure time. You will be paged or called when your paperwork is ready.
To apply for a LEAP Card, call our office at 800-722-9942 and talk to a member of our staff to verify your profile information, provide an annual Letter of Guarantee and send us a copy of your driver's license.
How do I pay for my purchases?
We have four approved methods of payments:
Cash - A $2500 refundable cash deposit is required when you pick up your bidder number. This will be applied to your purchase or returned to you if you make no purchase.
Cashier’s Checks - Best when made out to you in increments of $11,000 or more.
Personal or Business Check - When paying with a personal or business check, one of the following is required:
1. $2500 cash deposit
2. $2500 credit card authorization hold
3. A Letter of Guarantee from your bank
JJ Best Banc - Please arrange financing ahead of time by calling 1-800-USA-1965 or filling out the application online.
What is the Buyer Premium (BP)?
There is a 10% BP on vehicles and 15% BP on non vehicle items i.e. gas pumps, framed art, pedal cars etc.
If I buy a car during the auction, is there a company available to transport my car?
Reliable Carriers is the exclusive transport company of Leake Auction. They are on site at each of our auctions and can provide either open or enclosed shipping. You can find more information about them or request a quote by visiting reliablecarriers.com.
When can I leave with my car?
Cars may exit the building after the vehicle has been paid for at the conclusion of each auction day. The fire marshal may not allow cars to be removed during the conduct of the auction. All cars must be removed by 5:00pm on the day following the end of auction.
What if I cannot attend the auction?
You have the option of bidding via the telephone.
Telephone bidding requires the $100 bidder fee, a $5000 cash equivalent deposit, and a Letter of Guarantee from your bank. Once those are received you will be registered as a bidder. You will need to provide a list of car(s) on which you wish to bid. We will call you the day of the auction and when it is time to bid. Please note there is a 10% buyer's premium on vehicles and a 15% buyers premium on collectibles when bidding via the telephone.