Pricing and Fee Agreement
Last Updated: July 14, 2023
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Seller's Fees
Motonexus does not charge listing fees. If you like listing fees, please visit all the other online auction sites.
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Seller's Listing Fees​
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Standard listing fee $0
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Buyer's Premium Fees
Buyer's Premium is a separate fee charged to the Winning Bidder for using the Motonexus Digital Service.
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Buyer's Premium Fees
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5% calculated from the highest winning bid
example:
Final winning bid = $1,000
Buyer's Premium = 5% ($50)
Total cost to Winning Bidder = $1,050
(example above excludes any applicable sales or use taxes, transportation and other costs involved in completing the transfer of the auction item)​
We do NOT tack on an additional fee to cover credit card processing.
How we collect the Buyer's Premium fee:
When you place your first bid on an auction item, Motonexus will request and place a hold on your credit card. If you bid on multiple auction items, a separate credit card hold will be placed for each auction where you submit a bid.
Your credit card is not charged unless you become the Winning Bidder. You will be charged the Buyer’s Premium fee immediately upon the conclusion of the Auction for which you are the Winning Bidder. You hereby, and by your actions, authorize us to process such payment promptly. You shall be responsible for paying Motonexus the fees stated on the Our Fees page (i) even if you default and fail to comply with your obligations hereunder to the applicable Seller, or (ii) fail to comply with the Terms of Use and (iii) Seller defaults to you and you do not receive the Auction Vehicle or Item. You acknowledge that failure to complete the transaction with the applicable Seller may expose you to additional liability with the Seller.