• What are your hours of operation?
• How often do you conduct auctions?
• Can I preview the equipment prior to the sale?
• How do I register?
• Is the auction open to the public or is it for registered dealers only?
• Do we offer online bidding?
• Is there a Buyers Premium?
• What are my payment options?
• Am I PST exempt?
• I am shipping my goods to another province, exporting to another country, do I still pay the taxes?
• How long do I have to remove my purchases?
• When will I receive my cheque for consigned goods?

 

What are your hours of operation? [back to top]

Regular Business Hours are as follows: 

Office: Monday through Friday from 9 am until 5 pm.

Yard: Monday through Friday from 8 am until 4:30 pm  

Saturdays 8 am until 12 noon   Prior To & After Sale ONLY

 How often do you conduct auctions? [back to top]

LVG Auctions usually conducts auction sales every 6 - 8 weeks.  The first sale of the year usually takes place in March.  No sales are held during July or August.  In September we resume our schedule.  The dates are posted on the website as soon as they are confirmed.  You can be placed on a mailing or email list to ensure you don't miss your opportunity to consign or purchase equipment.

 Can I preview the equipment prior to the sale? [back to top]

Two days prior to the auction sale, our yard and registration office is open from 9 am - 5 pm.  At this time you can ask for demonstrations, start up and examine machines and all lots.  If you are interested in attending, this is the perfect time to avoid registration line ups.

 How do I register? [back to top]

Two pieces of identification (one with photo) are required to register at an LVG auction.  You must register in the name you wish to appear on your invoice as no invoices are changed once the sale is complete. 

If you would like to register in both your personal and company name, two bidder numbers will be assigned. 

Is the auction open to the public or is it for registered dealers only? [back to top]

LVG is a public, unreserved auction.  Motor vehicles and equipment dealers are welcomed but it is not mandatory in order to attend.  

Do we offer online bidding? [back to top]

LVG is conducting online auctions with Equipmentfacts.com.

CLICK HERE for online bidding information.

Is there a Buyers Premium? [back to top]

A 10% buyers premium applies to all items in LVG auctions.  Please remember this when you are bidding.  For example, if you bid $100.00 on an item, the subtotal for the lot is $110.00 plus all applicable taxes.  There are no exemptions.

What are my payment options? [back to top]

If you are successful in your bid we ask that you pay in full the day of the sale.  LVG accepts:

Cash, Debit, Credit Cards
Bank drafts
Direct Deposits & Wire Transfers
Company Cheque accompanied by a Bank Letter of Guarantee 

If you cannot pay the full amount on sale day, we ask that you obtain a copy of your invoice and return the following day with certified funds.

 Am I PST exempt? [back to top]

All purchases are subject to applicable taxes unless proper documentation is provided.  A completed PST exemption form must be completed and on file along with a copy of your Vendors Permit.  Only after these documents are received will taxes be removed if applicable. 

Please remember all vehicles are subject to PST unless you are a registered OMVIC Motor Vehicle Dealer.  If this is the case, we require a completed PST exemption form, copy of Vendors Permit, copy of your OMVIC Dealers and Salesman License. 

I am shipping my goods to another province, exporting to another country, do I still pay the taxes? [back to top]

If you are shipping your goods to another province, the taxes must be paid and will stay on your invoice until a third party Bill of Lading is received upon release of goods.  At this point the taxes will be removed if applicable and will be reimbursed to your at our earliest convenience. 

If you are exporting to another country, all taxes GST & PST must be paid in full.  A Bill Of Lading from your customs broker will remove the PST and a stamped copy from the customs department of the Country of Destination will remove the GST.  When you have both these forms, submit to LVG and you will be refunded the GST & PST for your purchases.

 How long do I have to remove my purchases? [back to top]

Typically, the buyer has 4 days to remove goods from the site of the auction.  Any goods left after this period are subject to a $15.00 per day/per lot storage fee that is strictly enforced, unless prior arrangements have been made with management. 
Please pay for and remove your purchases promptly.

When will I receive my cheque for consigned goods? [back to top]

Once payment has been received on your consigned goods, you will receive a detailed breakdown of the selling price and all commission and administrative charges.  The cheques are mailed out within 16 business days after the sale.