When I win an auction on a product, why is the check made out to the dealer, or jointly to the dealer and me, instead of to me? After all, it’s my money if I’m the winner.
The check is not made out to you because there would be no assurance that you would use the money to buy the product. When you enroll in an auction, you make a commitment, which is a contract, to buy the product from the dealer you selected, or the dealer who listed the product. If the check were made out to you, you would be winning money instead of a discount on a product, and that would constitute on-line gambling, which is illegal. Kyrano.com is not a gambling site.