- How does the Auction Process work?
This is not eBay or other similar online marketplace/auction platforms that shoppers may be accustomed to. Those are not wholesale dealer-only auctions like Copart or IAA, so they have a different process. Let us explain how the dealer-only car auction process works.
On sites such as eBay when you find the car that you want, you can bid on that car until the auction timer goes down to 00:00. If you are the highest bidder (and have met the reserve, assuming there is one) you win the car. With dealer-only car auctions, the cars are listed on the site in advance of the actual live auction start time. That gives the buyers a chance to view the vehicle and do their research to determine if (and how much) they want to bid. Each car auction listing has a timer showing when the live auction starts (not ends like other auction sites). Once the timer reaches 00:00 the actual auction starts and this auction lasts about 2 to 3 minutes.
Our site shows you all of the cars that are scheduled for auction in the upcoming hours/days/weeks. Each car listing page has an auction timer located in the top right of the page which shows you when the auction starts.
If you find the car that you want and are interested in “attending” the actual live auction simply click the “Attend Live Auction” button under the auction timer in the car listing page or you can call us at 1-800-680-8010 or write to us at [email protected] so that we can put you on the schedule to “attend” the live auction with us. It’s really exciting and we look forward to working with you on your next car purchase!