BIDDER REGISTRATION
BIDDER PROVISIONS PDF BANK LETTER SAMPLE PDF

Please complete the form below to register as a bidder at the upcoming Russo and Steele auction. Email is the preferred method of communication, so please provide your correct email address.


We strongly encourage bidders to read through the entire Bidder Agreement Provisions. By signing and initialing the Bidder Agreement Provisions the Bidder acknowledges, understands, and agrees to the entirety of these provisions and will abide by them accordingly.


  1. No person shall be permitted to enter or bid at the Auction without first having completed and delivered to RS a signed Bidder Registration Agreement along with the additional required information. All registrations are subject to RS’s acceptance.
  2. All Bidders must submit one of the options below for Collateralization: (The collateralization requirement is waived for consignors at the current auction or for bidders that have bought or sold a vehicle at an RS auction within the last calendar year prior to the date of this Agreement).
    • $10,000 Credit Card Non-Charge Authorization (“hold”) OR,
    • Bank Letter of Guarantee for authorization to buy cars accompanied by a signed personal or company/dealer check (see website for sample) OR,
    • Advance Deposit of 10% ($10,000 minimum) of your desired bid limit via cash or cashier’s check (U.S. banks only).
  3. Copy of Driver’s License or Passport (if out of country) and Proof of Valid and In-Force Insurance.
  4. Dealers must provide a copy of current Dealer’s License and Resale (Tax) License.
  5. Copy of Credit Card front and back.

Documents kept on file must be current for each auction during the term of this Agreement. Entry to auction will be declined if documentation is not current.


A bank letter of guarantee is a letter from your financial institution guaranteeing they will pay up to an agreed-upon sum to Russo and Steele Collector Automobile Auctions for your purchases. Please be advised: Your bank letter must be accompanied by a signed, matching account number check to be a valid form of collateralization. The bank letter is merely for collateralization; we no longer accept checks as a form of payment. All payments must be received via bank-wire transfer on the first business day following the auction.

Bidder Information

Registration Fees

Bidder Registration Fee

Includes 1 Bidder Pass & 1 Guest Pass

$325.00

Additional Guests Fees ($75 per guest)

Payment Information

Bidder Registration Feex1$325.00
Additional Guests Feesx0$0
Total Due$325.00
Check Code & Apply

Have additional questions? Call us at 602-252-2697 or Contact Us Here

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