The whole market for buying used and salvage cars has completely changed in the United States. This is due to something known as online dealer car auctions. Through websites that offer these auctions, ordinary consumers are now able to enjoy the kinds of savings that have long been enjoyed be dealers. How good are those savings? Well, in some instances consumers find that they’re able to save up to 70% on the purchase of a used or salvage car.
Naturally, these kinds of savings have attracted the interest of auto buyers all over the world. These folks wonder if they too can save an extraordinary amount on used and salvage cars, even after factoring in shipping, duties, and taxes.
If you yourself have been wondering if you can participate in dealer auctions in the United States, then there’s an easy answer: yes. Anyone with an Internet connection can gain access to online dealer auto auctions, and can, therefore, enjoy the savings, choice, and convenience enjoyed by U.S. consumers.
How You Can Sign Up for Online Dealer Auto Auctions
As an international buyer, the process for signing up for online dealer auctions will be same as it is for your U.S. counterparts. Once you’ve found a website that you’d like to work with, you simply need to create an account. To do this, you’ll only need to provide very basic information about yourself.
After that, you’re free to browse the extensive inventory of vehicles available through the online dealer auto auction website. When you decide that you’d like to start bidding, though, there’s one additional step that you’ll need to take.
In order to establish your buying (or bidding) power, you’ll need to make an initial deposit. In most cases, you will only be required to put one-tenth of what you’d like to be able to bid down. So, were you interested in bidding up to $5,000 on used and salvage cars, you would then need to make a deposit of $500. It’s as simple as that!
Special Considerations for International Auto Buyers
As an international buyer, there are a few things about online dealer auto auctions that will be different for you. Namely, you will need to concern yourself with international shipping, as well as customs clearance and import duties and taxes.
On the shipping front, you should be able to get all the help you need from the online dealer auto auction website itself. The auction specialist who has been assigned to you should be able to arrange for shipping and delivery to any port in the world.
Beyond this, though, you will be on your own when it comes to customs clearance at your country’s border, as well as for the payment of import duties and taxes. Before you start bidding in online dealer auctions, be sure to get a handle on these things. You’ll definitely want to know what restrictions are in place as well as how onerous the duties and taxes are. Knowing these things will go a long way toward informing your bidding decisions.