This is a template for a research-preview product. Have it reviewed by a licensed attorney in your launch state before accepting real payments or public buyers.

Fee Schedule

All fees are shown again at checkout before you confirm.

Whole-dollar amounts & rounding

All bids, prices, fees, deposits, bills, and payouts are whole U.S. dollar amounts— cents are not used, and bids with cents are rejected. Where a percentage produces a fraction of a dollar, the fraction is rounded in the platform’s favor: fees, commissions, markups, and deposits retained by the platform are rounded up to the next whole dollar, and amounts payable to members are rounded down. The rounded difference (always under $1 per line item) is retained by LaneUpPro as part of its marketplace fee.

Normal bid value

Every auction stores a single normal bid value (X). Dealers bid X directly. Public buyers bid an all-in amount Y = X + 3%·X + $500.

Sellers

  • Listing fee: $25 per vehicle listed (separate from sale proceeds).
  • Payout: X − platform commission, where commission is just 1% of X, capped at $100 — the lowest dealer commission in the industry.
  • When a public buyer wins, the seller also receives the $500 document processing fee paid by the buyer.
  • New sellers may receive a one-time $25 startup credit toward listing.
  • Independent 3rd-party inspection (optional): $100, deducted from your platform balance when you submit the car for inspection. A LaneUpPro-approved inspector verifies the vehicle, completes the listing, and publishes it with an “independently inspected” badge. Skip the checkbox to post instantly with no fee.
  • The listing fee is drawn from your reward balance, then your platform balance; if neither covers it, the fee is billed and deducted from your payout when the vehicle sells — so listing is never blocked.

Dealer buyers

  • Bid and pay the normal bid value X.
  • No additional buyer fee at checkout — the platform commission is deducted from the seller payout.
  • Minimum bid: $0 (subject to seller starting bid).

Public buyers

  • Bid and pay the all-in amount: X + 3%·X + $500.
  • The $500 document processing portion is paid to the seller.
  • Minimum bid: $500.

Platform commission

On every sale the platform retains 1% of the normal bid value, capped at $100. When the buyer is public, the platform also retains the 3% public buyer fee.

Example — dealer wins at X = $10,000

  • Dealer pays: $10,000
  • Platform earns: $100 (1% cap)
  • Seller receives: $9,900

Example — public wins at X = $10,000

  • Public pays: $10,800 (10,000 + 300 + 500)
  • Platform earns: $400 ($100 commission + $300 public fee)
  • Seller receives: $10,400 ($9,900 + $500 doc prep)

Deposits

A refundable platform balance may be required to bid. See Options → Balance.

Shipping

Shipping estimates shown on listings are approximate and arranged separately; they are not collected by the Platform.