Learn all you need to know about the financial aspects of using OPENLANE. From understanding auction fees to managing payments and handling transactions, we provide clear details and helpful tips to ensure a smooth and transparent experience. This guide will help you stay informed about costs and manage payments efficiently.
Once you have confirmed your purchase in ‘My account’, we’ll send you an invoice for your purchase via email. You have one business day to pay your invoice.
Please always include the registration numbers of all vehicles you paid. This helps us to follow everything up and process your payments more quickly. As soon as your payments are received and processed, you will receive a confirmation email and all related invoices will be available online in ‘My Account’.
Important: We only accept payments coming from a bank account registered on your company’s name and from the country where your company is registered. In addition, the payment should be made in full. In case of partial payments for one vehicle, we shall charge additional fees.
We do not accept cash payments or payments from companies with an invalid VAT number. A refund of a received payment will result in a cancellation of the purchase and we shall charge additional fees.
When a vehicle is not paid on its due date, it will give us the right to postpone any further delivery of goods/and or services.
For fast accurate communication about your vehicle, please always include its registration number. You can find the entire buying process here.