Buyer fees

Liquidation auction fees, one published formula

Premium, handling, tax. Move the slider and the calculator works out any bid to the cent, using the same engine that produces your invoice.

What kind of lot is this?

Every figure below is calculated by the same engine that produces your invoice. Your invoice itemizes it to the cent at close.

Your bid$20.00
Buyer's premium (15%)$3.00
Handling$1.50
HST (13%)$3.19
Total you pay$27.69

Handling is $1.50 per lot, or $10 for a pallet lot. Shipping is separate and only applies if you ask us to ship: it is priced for your actual packed order, quoted to you after the auction, and nothing dispatches until you approve it.

The value side

A grade computed from a fixed inspection, how far the item was tested, and what the inspector found. How to read those into a decision is a method, and it is written down.

Price intelligence →
Every fee

What you pay, and why

Buyer’s premium · 15%

A percentage of your winning bid. This is how the auction is paid for.

Handling · $1.50 per lot

A flat charge per lot won, covering the pick, the check and the handover. A pallet lot is $10.00. It is non-refundable, so we publish it before you bid rather than after.

Tax, by delivery location

Sales tax is charged at the rate for the province your order is delivered to, not ours. These are the rates we charge today, and the same figures your invoice is calculated from.

Tax, by delivery location
Delivered toTaxRate
OntarioHST13%
QuebecGST5%
AlbertaGST5%
Northwest TerritoriesGST5%
NunavutGST5%
YukonGST5%
British ColumbiaGST5%
SaskatchewanGST5%
ManitobaGST5%
New BrunswickHST15%
Newfoundland and LabradorHST15%
Prince Edward IslandHST15%
Nova ScotiaHST14%
United StatesZero-rated—
Anywhere elseZero-rated—

Collected and remitted in full. None of it is ours. Lots shipped to US addresses are exported; no GST/HST is charged. US duties or taxes may apply on import.

Worked fee examples at five hammer prices, for an order delivered in Ontario
HammerPremiumHandlingTaxYou pay
$5.00$0.75$1.50$0.95$8.20
$15.00$2.25$1.50$2.44$21.19
$20.00$3.00$1.50$3.19$27.69
$50.00$7.50$1.50$7.68$66.68
$150.00$22.50$1.50$22.63$196.63

Worked for an order delivered in Ontario, which covers every pickup. Tax depends on how you take delivery: pickup is delivered in Ontario, so Ontario HST (13%) applies whatever province you live in; shipped orders are taxed at the destination province's rate.

What the invoice looks like

The formula, applied

Three lots, three hammers, one total. Every line below is the published formula doing its arithmetic.

Total$148.03Itemized to the cent at close.

Your invoice

SUM-44-0142

  • 101Cordless drill kit$50.00
  • 118Robot vacuum$40.00
  • 204Patio heater$20.00
  • Hammer$110.00
  • Buyer premium, 15%$16.50
  • Handling, $1.50 per lot$4.50
  • HST$17.03
  • Total$148.03

Live portal, sample data shown.

Getting it to you

Collection is free, and shipping is priced for your order

Collection from Etobicoke is free. After the auction, request shipping and you will receive a quote. Nothing dispatches until you approve it, and shipping is paid before release.

Paying

  • Visa
  • Mastercard
  • American Express
  • Debit
  • Interac e-Transfer
  • Cash at pickup

Payment is due in full within forty-eight (48) hours of auction close. For eligible customers, the card on file may be automatically charged after close unless another payment method was requested at registration. Accepted methods: Visa, Mastercard, American Express, debit, Interac e-Transfer, and cash at pickup.

We will only ever ask you to send an Interac e-transfer to pay@bidbossinc.ca, with the reference code shown in your account. A request to pay any other address, and any request made by phone, did not come from Bid Boss. Payment safety