Bids and offers will be accepted via electronic submission only.
Auctions:
Bidders will have five (5) business days from the date a vehicle is initially posted to make their submission.
Each posted vehicle will be assigned a minimum bid price; all bids must meet or exceed this minimum bid amount.
Bids will be submitted to a secure Okanagan College email address through the electronic submission form. All bids will be recorded based on the date & time received. Should two bidders enter the same high bid amount, the earliest-received bid will be considered the successful bid.
Okanagan College Foundation will contact only the successful bidder to notify them of their purchase; it is the responsibility of any other bidder(s) to contact Okanagan College Foundation for bid results. The Foundation reserves the right to sell to the highest bidder, or to reject some/all bids if they do not meet Okanagan College Foundation expectations.
Direct sales:
Should a vehicle receive no bids during the initial listing, it will be re-posted as a direct sale in which the first offer that meets the posted selling price will be accepted and the buyer will be contacted within 1 business day to proceed with the transaction.
Offers that do not meet the posted selling price will be considered, and will be accepted or declined at the discretion of the Foundation. The Foundation reserves the right to reject some/all offers if they do not meet Okanagan College Foundation expectations.
Vehicles listed as a direct sale will have this indicated on the listing.