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Should You Consider a Dealer Auction for Your Vehicles?

Date: 09/20/2017|Category: Car Auctions, Car Dealers

If you are considering a new vehicle, you want to get a good deal. You might not like the idea of going through a new or used car dealership, as you might have to get a loan, and you do not want to have monthly payments for the vehicle. If you have some cash that you can spend, you might want to consider going through a dealer auction for your next car or truck. Many do not realize that they can even partake in a dealer auction, as you typically need to have a license to buy from them. However, things …

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Skip the Clearance Sales and Use a Dealer Auction Instead

Date: 09/13/2017|Category: Car Auctions, Car Dealers

Go ahead and grab your latest newspaper or Sunday inserts and take a look at the many cars for sale. You’ll see ads from dealerships – both used and new – and you may wonder how they are going to move so much inventory. They probably wonder the exact same thing, and it is why car dealers of all kinds so often have clearance sales, big sales events, and all kinds of appealing promotions. Before you succumb to their offers, though, consider using an auto dealer auction instead. The Advantages of the Dealer Auction How many cars do you think a larger …

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Reasons Dealers Use a Car Dealer Auction… and Why You Should Too

Date: 09/12/2017|Category: Car Auctions, Car Dealers

Car dealers are often affiliated with a brand, but there are also enormous dealerships selling multiple brands as well as used vehicles of all kinds. We’ve all seen those vast auto malls and “miracle miles” lined with lots just packed with cars. Clearly, those dealers understand that there are profits to be enjoyed from each item on the lot. So, you look at those enormous inventories and imagine there is a deal in there for you to discover. Yet, is there? After all, if you can go to the very same car dealer auction that those lot owners attend, wouldn’t …

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Shopping the Salvage Dealer Auction with an Eye for Resale

Date: 09/07/2017|Category: Car Dealers, Salvage Cars

When it comes to shopping for wholesale vehicles at the salvage dealer auction, finding cars with good resale value can be a walk in the park for experienced dealers – but for newcomers, it can be a confusing mess. More than one new dealer has walked away from an auction with a car that isn’t going to leave them much, if any, room for profit. But you don’t have to give up on every car you see – after all, these are used vehicles, with all their dings and issues on display. Here’s what you need to look for at a …

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What to Know as a Complete Newbie to Car Dealer Auctions Online

Date: 08/01/2017|Category: Car Auctions, Car Dealers

If you’ve been bargain hunting for a used car, then you’ve likely come across a service known as online car dealer auctions. In doing so, you’ve likely read that these auctions provide you with the opportunity to save thousands on a used or salvage car. Well, the claims are true, and there are even more benefits than this! Most notably, online car dealer auctions allow you to enjoy the benefits of having a huge selection. Regardless of what type, age or kind of car you’re looking for, you’ll be able to find it in an online dealer car auction. In addition, …

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  • Auction Process
    • Do you offer live bidding?
    • What is the difference between, “auction” car, and a “buy now” car?
    • What is a Reserve Price?
    • What does the bid amount include?
    • How does the auction process work?
  • Deposits and Pre-Bidding
    • Is the security deposit refundable?
    • How do international customers make a deposit in their account?
    • How does the security deposit process work?
    • Can I cancel a bid?
    • Can I inspect vehicles prior to auction?
    • Is automatic bidding or pre-bidding available?
    • What is the total bidding amount?
    • What is a bid in active status?
    • What is a bid in pending status?
    • What is the best way to win an auction?
    • How do I search for a car available at auction?
    • How does the auction process work?
  • Post-Auction and Payments
    • What does a customer need to do to get the title to a vehicle?
    • How do I pick up the car I purchased?
    • Are there storage fees if I cannot pick up my vehicle immediately?
    • Do you Issue Temporary Plates?
    • Can I pay in cash?
    • Are there late payment penalties?
    • What are the payment terms?
    • How do I pay for an auction?
    • What if I fail to may a payment as required?
    • When is the balance due on a purchase?
    • When will I be notified of the results of the auction?
    • Bidding has ended. Is my bid the highest?
    • Why did I receive notice after bidding ended that my bid is no longer the highest?
  • Shipping and Delivery
    • How will it be mailed to me?
    • When will I receive the title?
    • Can I have the title mailed to an address/name different from the address/name on my account?
    • I have an agent working on my behalf can this person pick up my vehicle?
    • Do you offer delivery?
    • When can I pick up a car I have won at auction?
  • Understanding Salvage Titles
    • What is NMVTIS and how is it used?
    • Understanding the salvage title/rebuilt title distinction
    • What are the different types of titles a vehicle may have?
    • I received a different type of title than the one in the description. I received an equivalent title from a different state. Why?
  • User Registration
    • What are the rules regarding new customers and customers not in good standing?
    • Can I just buy one car?
    • I do not have a dealer license; can I bid or buy a car?
    • What information do I need to provide to register?
    • Do I have to pay to register?
    • Do I need to register to bid?