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Generally used as a staple for product listing of generic or common and even high retail items, A prime example a 2023 Tesla Model 3 Performance retails around $85,000 Canadian this means there's absolutely no chance you'll get it for less than what the manufacturer suggests.
Many of our items will start between $10.00-$20.00 Canadian no more no less this enables every user who signs up a fair chance of winning high retail items for less, Hence the term auction. Items may drop in value and this is to encourage bidding, the same concept and principal every auction has used since the 1900s. If an auction has ended and the item does not sell please refer to the above term - Retail Pricing.
99% of the time when an item doesn't sell we sell it privately through one of our alternate resources, Offering the last bid amount of $5 or $10 on a retail item of over $600 now results in immediate bans from our auction.
Items retailing between $100-$600+ will generally have a low reserve pricing this is generally a blanket margin we use as the lowest threshold we are looking to accept for said item. Like every other auction a reserve price is nt shown for one general reason, It encourages bidding to potentially meet reserve. We are not obligated to show or provide the reserve price amount8, again just like every other auction we DO NOT have to expose this publicly.
Congratulations! You've won, So now what?
Please be patient as the auction can often run late depending on the amount of lots available.
1.Please wait to recieve your invoice before pick up. (This is a clear indication live bidding is now over)
2.Please pull up to UNIT#4 where we are located.
3.Form a line up and be patient!
4.Limit of 1 occupant at a time in our office for pick ups.
5.Please bring your own reusable bags or boxes (We have a limited supply of boxes first come first serve.)
Please respect pick up times that are as follows.
Saturday (Once you've recieved your invoice or once auction has concluded) until 4:00PM
Sunday 9:00AM-4:00PM
If you are unable to make it for pick up during these 2 days you must call, text or email us to notify us so we can make arrangements for you otherwise you will forfiet your items.
There's much to see here. So, take your time, look around, and learn all there is to know about us. We hope you enjoy our site and take a moment to also see all our available listings.
Peak Auctions Canada location is reserved for the pickup of goods from winning buyers, We reserve the right to refuse entry unless otherwise discussed.
Pickup time starts after the auction has concluded.
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