ComplaintsforRegal Auctions Ltd.

• Initial Complaint

  21/11/2023

  Complaint Type:

  Sales and Advertising Issues

  Status:

  Resolved

  More info

  Concern regarding buyer protection policy this facility offers and misleading clients.Buyer protection policy covers powertrain issues of vehicles purchased at this auction. Purchased a vehicle at this location. Upon mechanical inspection, vehicle has lower engine knock indicative of rod knocking and the crank shaft. This condition requires an engine replacement which costs more than the vehicle purchase price itself. Regal Auctions indicated because an engine knock was disclosed that the buyer protection policy was void. Engine knock is typically an fuel injection or carbon buildup problem that costs money to repair but isn't catastrophic to the engine. The misleading part comes from previous communication with Regal Auction regarding whether an engine light would void the buyer protection policy should mechanical inspection find a powertrain failure, they indicated that it would not void the policy. So it's a grey area judgement call as to how specific the disclosure has to be to voild the buyer protection policy. In this case, Regal Auctions determines which qualifies and which doesn't, which is bias and confusing to the consumer.

  Business response

  22/11/2023

  November **, 2023
  
  
  RE:
  Complaint Id: ********
  Complainant: ****************************
  
  
  Dear BBB,
  I am in receipt of your email from November **, outlining the complaint against Regal Auctions by ********************************
  The Complainant purchased a 201* Ram **** at auction. Prior to sale Regal Auctions described the vehicle as having an engine knock.
  The sale was subject to our Buyer Protection Policy which protects purchasers from undisclosed, hidden mechanical problems. 
  After sale **************** had the truck inspected. The report confirmed that there was an engine knock and further described it as coming from the bottom of the motor. As the knock had been identified and announced prior to sale it did not qualify for coverage through the Buyer Protection Policy. The fact that **************** had assumed the engine knock came from some other part of the engine was irrelevant as it was an assumption that he made that was not based on any information that we provided to him. 
  However, I appreciate that ****************, an out of town customer, chose to do business with us from so far way. In that regard I am prepared to void the sale and return his money to him in its entirety. 
  I trust this is to his satisfaction.  
  
  
  Sincerely,
  
  
  *******************************
  General Manager
  Regal Auctions 
  *********************************, *******
  T2A 2L8
  
  

  Customer response

  22/11/2023

   
  Better Business Bureau:
  
  I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.

  The GM of Regal Auctions has refunded the purchase.

  Thank you. 

  
  Sincerely,
  
  ***************************

• Initial Complaint

  18/10/2023

  Complaint Type:

  Customer Service Issues

  Status:

  Answered

  More info

  The Business in not completing its commitment to the customer.

  Customer response

  18/10/2023

  Hi Please find attached the email communication with Regal Auction. I win the bid of Car in $*** and Regal Auction is not giving me a car and claiming that bid is lower than the reserve Value, If they can't give the car in lower than reserve value then why the bid got started from $****** and Bid Closed at $******. If seller already advised the Regal Auction that he cant sell the car below $**K then why Regal Auction allowed to start the bid from $****** and closing at $ ******. They think the bidder time and efforts in bidding is a joke.

  Business response

  20/10/2023

  October 20, 2023
  
  
  
  RE:
  Case # ********
  **********************
  
  
  
  Dear BBB,
  
  I am in receipt of your email dated October ****, 2023, outlining the complaint against Regal Auctions Ltd. by Mr. ********************************* complainant, **************, participated in one of our online auctions, bid on a vehicle, and, at the conclusion of the auction, had the highest bid at $******. However, the vehicle was subject to a reserve price of $******; we were unauthorized to sell the vehicle for any price below the reserve price without the seller's approval. The reserve price was prominently displayed on our our website and in the vehicle's listing prior to and during the auction. It was abundantly clear that the sale was subject to a reserve price. Following the auction the seller was presented with ****************** offer but refused to accept it. We attempted to negotiate a sale between buyer and seller but were unable to do so and the vehicle remained unsold.
  
  **************, somehow, has come to think that auctions are not allowed to accept bids below a seller's reserve price and that in doing so we have acted in an improper manner. This is completely untrue. It is commonplace for bidding to start at prices far below the reserve price as, ultimately, the only bid that matters is the final highest bid. Regal Auctions sells several hundred vehicles every week in this exact manner. Furthermore, this method of auction isn't exclusive to Regal Auctions but is the standard at the hundreds of automotive auctions across North America.  
  
  While Iunderstand the excitement and anticipation that comes with winning a bid, it's imperative that ************** understands that winning an auction does not automatically guarantee the sale of the item. The final sale in this case was contingent on the seller's agreement to the bid amount. Regal Auctions is committed to operating a fair, honest, and useful marketplace.
  
  Sincerely,
  
  *******************************
  General Manager
  
  Regal Auctions Ltd
  *****************************
  *******, *******
  *** ***

*Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business. ↩