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FAQ Overview

We are now posting the ”Frequently Asked Questions” on this section. We will be adding more as we come up to speed in this section.  If you have question that is not covered here, or is not enough detail, then please contact mcs_sales@michigancreditors.com or use the Feedback form.   

 

bullet1 How do I place a bid on an item?

    Come down to our location in Grand Rapids, Michigan during business hours, look the items over, test-drive it (if applicable), then place a bid on it by filling out a bid sheet.  See a salesperson for more information on the item. 

    All bids now require a $100.00 Cash or Credit Card depositIf your bid is accepted, deposit will be applied to the purchase price of the unit. If your bid is rejected, you deposit will be refunded back to you.

bullet1 How do I buy an item from MCS?

    If you make a bid on an item, and then it is accepted, you may use cash, bank check, or credit cards pay for it.  Personal Checks are no longer accepted.

bullet1 If I place a bid on an item how long does it take to find out?

    It usually takes about 1-2 business days to find out.  Depending on circumstances you may get an answer immediately, or it may take 3-4 days. Units are owned by a variety of different institutions, some even out of state, so it's hard to give a generalization.  However, we will do our best to get an answer as soon as we can for you.

bullet1 Are the prices 'fixed' on the repossessions?

The prices listed on the repossessions are based on what the Lending Institution needs to satisfy the loan on that item, or what the Lending Institution has determined the item to be worth at current market prices.  
You are welcome to make a bid on the item based on the value of the item to you.  The Lending Institution will determine which bid is acceptable.

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Last modified: Thursday, January 31, 2008