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Understanding Twin Cities Auction Late Payment and Storage Fees

At Twin Cities Auction, we understand that life can get busy, and paying for or picking up your vehicle might not always go as planned. To help you avoid unexpected costs, we’ve outlined our late payment fees and storage fees. Our goal is to ensure transparency, so you know exactly what to expect.

Late Payment Fees at Twin Cities Auction (Per Vehicle, Business Days)

When you purchase a vehicle, we provide a grace period to complete your payment. Below is a detailed breakdown of our late payment fees:

  • First 3 Business Days: No late payment fees — This is your grace period.
  • Day 4: A $25 late fee applies. (Vehicles are automatically relisted on Day 4. If sold, a relisting fee must be paid to reopen your account.)
  • Day 5: An additional $25 is charged, totaling $50.
  • Day 6: The fee rises by $35, bringing the total to $85.
  • Day 7: Another $35 is added, making the total $115.
  • After Day 7: The vehicle is no longer available for purchase. Reactivation of your account requires a relisting fee.

Twin Cities Auction Storage Fees (Business Days)

If you can’t pick up your vehicle right away, we provide a three-day free storage period. Beyond this, storage fees are applied as follows:

  • First 3 Business Days: No storage fees — Free storage period.
  • Day 4: Storage begins at $10/day.
  • Day 5: Fees increase to $15/day, totaling $25.
  • Day 6: A fee of $20/day is applied, making the total $45.
  • Day 7: Storage costs rise to $25/day, bringing the total to $70.
  • Day 8: An additional $25/day is charged, totaling $95.
  • Day 9: The storage fee reaches $120, with $25/day continuing.
  • Day 10 and Beyond: Fees rise to $35/day for every additional day.

Important Policy: Vehicles left on our lot for over 90 days are subject to sale, as Twin Cities Auction reserves the right to sell vehicles stored for extended periods.

Why Twin Cities Auction Fees Matter

Understanding late payment and storage fees helps you:

  1. Plan payments and pickups to avoid unnecessary costs.
  2. Stay informed about your obligations when purchasing a vehicle.
  3. Prevent account suspension or additional charges by adhering to deadlines.

Summary of Late Payment and Storage Fees

  • Late Payment: Free for the first 3 days; increases up to $115 by Day 7.
  • Storage Fees: Free for the first 3 days; starts at $10/day and increases to $35/day after Day 9. Vehicles left for over 90 days may be sold by Twin Cities Auction.

Have Questions About Late Fees or Storage Policies?

For more information about Twin Cities Auction’s late payment and storage fees, or for assistance with your account, contact our customer service team. We’re here to help make your experience smooth and hassle-free!