Curated auctions › Questions
Curated auctions
Questions
When is the first sale?
It is being prepared now. We are accepting coaches for it, and the dates are set once the first coaches have been reviewed, inspected and photographed. Ask to be told when it opens and we will email you.
How often are the sales?
One sale a month, with 4 to 8 coaches and seven days of bidding.
Does it cost anything to bid?
No. There is no fee to bid and no buyer's fee: the winning bid is the price. Motorcoach.direct never charges a bidder and never appears on a bidder's card statement.
What is the $10,000 hold?
To bid on a coach, you place a refundable $10,000 hold on your card when bidding opens. The seller's own payment account places it, so your statement shows the seller's business name. If you don't win, we release it within a day of the close (your bank may take a few days to show it). If you win, it becomes part of your payment. If your card can't carry it, the deposit can be sent by bank wire to an escrow account instead.
Who holds the money when a coach sells?
Never Motorcoach.direct. The winner pays the seller directly within 3 business days, by bank wire, or through Escrow.com if the buyer and the seller choose it.
Can we use Escrow.com?
Yes, if the buyer and the seller both want it. Escrow.com is an independent licensed escrow company: the buyer pays Escrow.com, the seller hands over the coach and the signed title, the buyer inspects within the agreed days, and Escrow.com then pays the seller. Its fees follow Escrow.com's own schedule, and who pays them is agreed between the buyer and the seller. More about payment and escrow
What does it cost to sell?
The review is free. The introductory fees are a $495 entry fee once your coach is accepted, credited back if it sells, and a success fee of 3% of the winning bid, at least $5,000 and never more than $25,000, billed after the buyer has paid you. You pay the inspector and the photographer directly. See the fees
Which coaches qualify?
Class A diesel pushers, Prevost and other bus conversions, and top-end Super C coaches, usually worth $150,000 or more. Older coaches with a real following are welcome too. Every coach is reviewed, and not every coach is accepted.
Who inspects the coaches?
An approved independent inspector, from the list the concierge keeps, checks each coach where it sits. The seller pays the inspector directly, at the price quoted first. Registered bidders can read the full report, and any bidder may send their own inspector at their own cost.
What is a reserve, and what does "No reserve" mean?
A reserve is the lowest price the seller will accept. It stays secret; the page only says "Reserve met" once the bidding reaches it. A seller may lower it during the sale but never raise it. A coach with no reserve wears a "No reserve" badge and sells to the highest bidder.
What is a soft close?
Each coach closes at its own time. A bid in the last 2 minutes puts 2 minutes back on the clock, so the coach goes to whoever is willing to pay most, not whoever bids last.
How does automatic bidding work?
You enter the most you would pay. The site bids for you in steps, only when someone bids against you, and never above your maximum. Bidders are shown by number, never by name.
Can I see a coach in person?
Yes, by appointment during the preview week and the sale. The concierge sets the time with the seller.
How do I get the coach home?
Collect it where it sits within 14 days, with a walk-through by the seller, or the concierge can arrange a professional coach driver or transport company, whom you pay directly.
What if the winner doesn't pay?
The coach is offered to the next-highest bidder at their own last bid, and the bidder who did not pay cannot bid again. What happens to their hold is set out in the terms of the sale.
Where are the terms of the sale?
They will be published here before the first sale opens. Every bidder accepts them before bidding, and every seller signs a consignment agreement before their coach goes up.