Before You Place Your First Bid
Review the Listing
Carefully review all photos, vehicle descriptions, specifications, available documentation, and condition details before placing your bid.
The more informed you are, the better your decision.
Know Your Budget
Before bidding, consider your total purchase costs, including buyer fees, transportation, repairs, registration, and licensing.
Always bid within a budget you're comfortable spending.
All Auctions Are Final
Every bid placed on CayMark is legally binding. Once you become the winning bidder, you're committed to completing the purchase.
Please review each listing carefully before placing your bid.
Payment Deadline
Winning buyers are required to complete payment within 72 hours of receiving their invoice.
Failure to complete payment within the required timeframe may result in account restrictions or suspension.
Bidding Power
Understanding Security Deposits
A security deposit increases your bidding power by demonstrating your ability to complete larger purchases. It does not go toward the purchase price of a vehicle and serves only to unlock additional bidding power on your account.
Great news! All buyers may bid on vehicles valued at up to $2,000 without providing a security deposit.
For total bids exceeding $2,000, a refundable security deposit equal to 10% of your intended bidding amount is required before participating. This increases your approved bidding power, allowing you to participate in multiple auctions.
Security deposits do not apply toward the purchase price of a vehicle and are refundable provided your account remains in good standing and continues to comply with CayMark's Terms & Conditions.
Your Buyer Benefits
Verified Sellers
Buy with greater confidence through a marketplace designed to promote trusted buyers and sellers.
Detailed Listings
Access detailed descriptions, photos, specifications, and available documentation to help you make informed purchasing decisions.
Island-Wide Access
Browse inventory from sellers located throughout The Bahamas—all in one marketplace.
Bid on Multiple Auctions
With sufficient purchasing power, participate in multiple live auctions at the same time.
Instant Notifications
Receive real-time updates when you're outbid, win an auction, receive an invoice, or have important account activity.
Secure Messaging
Communicate directly with sellers through CayMark's secure Messaging Center after winning an auction.
After You Win An Auction
Winning is just the beginning. Here's what happens next.
Receive Your Invoice
You'll receive an invoice shortly after the auction closes.
Complete Payment
Submit payment within 72 hours to secure your purchase.
Coordinate Pickup
Arrange pickup or transportation directly with the seller using CayMark's secure Messaging Center.
Vehicle Transfer
The seller will transfer the vehicle along with all applicable ownership documents.
Enjoy Your Purchase
Complete the transaction and enjoy your new vehicle.
Responsibilities As A Buyer
As the buyer, you're responsible for:
Reviewing each listing carefully before placing a bid.
Completing payment within the required 72-hour timeframe.
Arranging vehicle pickup or transportation with the seller.
Inspecting the vehicle upon collection and taking photographs for your personal records.
Confirming you receive all applicable items included with the sale, such as keys, registration documents, title, bill of sale, owner's manuals, and any additional documentation where applicable.
Keeping copies of all purchase documents for your records.
Important
Auction Rules
Bids Are Legally Binding
Every bid submitted represents your commitment to purchase the vehicle if you become the winning bidder.
All Sales Are Final
Auction purchases cannot be cancelled due to buyer's remorse. Please review every listing carefully before bidding.
Payment Deadline
Winning buyers must complete payment within 72 hours of receiving their invoice.
Vehicle Collection
Buyers are responsible for arranging pickup or transportation after payment has been completed. Failure to collect your purchased vehicle within a reasonable timeframe may result in CayMark releasing payment to the seller in accordance with our marketplace policies.
Need More Help?
Looking for additional information before placing your next bid? Visit our Buyer's Guide or Help Center for answers to frequently asked questions, payment information, account support, and more.