Our aviation auctions are a hybrid between an online auction and an online listing. The auction format allows us to create an event, to attract and identify prospective buyers for our advertised aircraft for sale. During the auction process, the aircraft remains "as is, where is". Unlike a traditional auction, the final bid is not binding unless the Seller formally agrees to the offer AND the buyer conducts a successful onsite inspection.
Once a satisfactory bid is submitted and the auction ends, a 1% refundable deposit is collected from the buyer and submitted to escrow. One of our auction coordinators will then contact you to arrange the onsite inspection. The Seller reserves the right to reject any bids based on credit worthiness and final destination country.