© 2023. All rights reserved.
PLEASE NOTE
The museum exhibit halls will be closed Sunday, August 25 and Monday, August 26.
The museum will be open for vehicle pickup and cash-out ONLY form 9am-4PM.
REMOVAL OF SOLD ITEMS Upon successful payment, all items or vehicles shall be removed from the sale area by purchaser at his/her expense no later than one week following the sale. If not removed by that date, the Museum may relocate the property to a nearby storage facility at the expense of the purchaser unless prior arrangements have been made with OHTM.
Auction Payment Policies
Buyer Payment Procedures
- A buyer’s premium of 10% will be added to the total sale price of all items sold in this auction. Any buyer’s premium collected as a result of the sale of these consignments shall belong to OHTM. Internet sales buyer’s premium will be 15%.
- Payments for vehicles can be made via:
- Cash
- Bank/cashier’s check
- Wire transfer, held by a personal check
- Personal check accompanied by an irrevocable letter of credit
- NEW THIS YEAR! Financing through J.J. Best Classic Car Financing. Approval is required. For more information, email bid@ohtm.org
- Credit cards are NOT accepted.
- Buyers must pay 5.5% Maine state sales tax unless:
- Out of state resident removing vehicle to home state immediately – buyers will need to complete State of Maine affidavit of Immediate Removal at time of payment.
- Buyer is a licensed dealer with valid State of Maine Revenue Services. Resale Certificate MUST BE PROVIDED AT CHECK IN! Without exception, vehicles may not leave Museum property unless payment is guaranteed in full.
- Without exception, if a buyer wishes to view a vehicle won at auction, they must pay for it in full prior to viewing.
- Purchased vehicles must be picked up within 7 days of Auction.
Helpful Forms+Information
Automobilia Pick-Up
Individuals who purchased items from the Automobilia auction:
- Check-in at the front desk
- Provide proof of payment to staff in the Auction Central auditorium
Auction Vehicle Pick-Up
Individuals who purchased cars at the NEAA™:
- Check-in at Auction Central
- Provide proof of payment to staff in the Auction Central auditorium
- Museum will be open Sunday, August 25 and Monday, August 26 from 9am to 4 pm for vehicle pick up
- If you are sending a transportation service to pick up your vehicle, you MUST call the museum to communicate that information to auction staff 24 hours before the scheduled pick-up
Questions
Ask our Staff (207)594-4418
Payment Procedure FAQs
You must pay for your vehicle with cash, bank treasurer’s/cashier’s check, wire transfer held by personal check, financing through J.J. Best, or a personal check accompanied by an irrevocable letter of credit.
Checks should be made payable to Owls Head Transportation Museum or OHTM.
The Museum is required to collect 5.5% Maine sales tax, unless you meet the following conditions:
A) You are an out-of-state resident who will be removing the vehicle to your home state immediately. You will need to complete a state of Maine Affidavit of Immediate Removal at the time you pay for the car.
B) You are a licensed dealer and provide a valid State of Maine Revenue Services Resale Certificate. This must be provided each year
No. The Museum will not accept credit cards as a method of payment for auction items.
You may take your vehicle the day of the auction ONLY if you have paid for it with CASH, BANK TREASURER’S/ CASHIER’S CHECK or a PERSONAL CHECK ACCOMPANIED BY AN IRREVOCABLE BANK
LETTER OF CREDIT. Vehicles paid for by wire transfer will remain at OHTM until the funds have cleared.
Yes. The Museum is required by law to report all cash transactions in excess of $10,000.00.
The Museum will issue a refund check for the overpayment amount within 10 business days of the auction.
If you need to remove your vehicle the day of the sale, you may pay for your purchase by personal check only if it is accompanied by an IRREVOCABLE BANK LETTER OF CREDIT. The letter must conform to the example listed on our website. It is recommended that you work with your financial institution well in advance of the auction to prepare this letter and that you contact the Financial Assistant of the Museum at least ONE WEEK PRIOR to the auction for approval. Non-conforming letters presented at the time of registration will not be accepted.
You may write a personal check for the entire amount the day of the auction to hold the vehicle. OHTM will hold your check, pending replacement with a wire transfer (within 72 hours), bank check or cash. Your vehicle will remain at OHTM until the wire transfer funds or bank check have cleared, or cash is received.
No. All payments must be in guaranteed funds.
Yes. All bidders must leave full payment as determined when registering to bid, prior to the close of business on the day of the auction.
The entire purchase price, including any sales tax, must be paid prior to viewing.
Please contact the Financial Assistant at (207) 594-4418 or auction@ohtm.org