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How H. Greg Auto Auction Works Preview Time Official preview time is 5:00 pm to 9:30 pm the day before the auction. Test drives are made available one day prior to the auction. If you don't know cars inside and out, bring someone with you who does. If you want to test drive a vehicle, go to the key counter, present your driver's license, and ask for the keys. It's that easy! Bidding Let the fun begin! Each vehicle will be driven through the lanes. The auctioneer will announce the lot number and describe the vehicle, announcing all information obtained on each vehicle, then the bidding begins. This process goes very quickly and can be confusing the first time. Read the following description and watch as a few vehicles are sold to get a feel for how it works. The auctioneer will suggest a starting price: "Who'll give me $1,000 dollars to start?" To bid, simply raise your hand and display your bidder number. A "bid catcher" will point to you and shout, "Yes, sir!" The auctioneer will start asking for higher bids: "I have $4,000, do I hear $5,000?" If someone wants to bid $5,900, he will raise his bidder number, the bid catcher will point to him and shout, "Yes, sir!" If you raise the bid, the bid catcher will point to you and the other person will be out. The process continues until nobody wants to bid any higher: "I have $5,900 dollars, who'll give me 6,000 thousand? Going once, twice, third and final call: SOLD! for $5,900 to bidder number 268." A clerk will write down the winning amount and the buyer number. If yours is the winning bid, the vehicle is now YOURS! At this point, please go to the office immediately to make a deposit. Payment When you are done bidding for the day, go to the office and present your bidder number to the cashier. You may pay with Visa, MasterCard, Cash, or certified funds. A $300 deposit is required for each vehicle at the time of your successful winning bid. The balance is due by 5pm Monday. Check Out After you have paid in full for your purchase, you will be given the keys and directed to your vehicle. ML ML FEATURE MIAMI LIVING 73