The Internet has brought a world of convenience to consumers for all types of products. Businesses have expanded their reach to customers around the globe, giving them the ability to compare quality and prices to get the best value.
Auction sites, such as IAAI Brandywine MD or other IAAI auto auctions have also become increasingly popular as a place where buyers can watch and place bids on items in the hopes of getting an even lower price. Almost anything can be bought and sold online, including cars and other vehicles.
How Cars Get to Auction
There are a number of reasons that cars end up being sold at auction. Vehicles are just one of many types of items sold at auction by various government agencies. The vehicles they sell were often seized by the government or have been forfeited. Some states also sell vehicles that are surplus property.
Government car auctions and public car auctions are open to the public. Some auctions are only open to dealers and a dealer’s license is required before you can make a purchase. Using a car broker as the middleman can provide you with access to car auctions that would otherwise be off-limits to you. Although there are many auctions that take place at a physical locality, the “Big 4” car auction sites make it easy to search and buy cars online, however, they are only available to licensed car dealers.
The Big 4 Car Auction Sites
Copart, IAAI, Adesa and Manheim are the Big 4 car auction sites where dealers go to get the biggest selection of cars for less. The National Auto Auction Association (NAAA) explains that, while transportation services are often offered to buyers as one of the many services of a car auction, there are a number of ways that they buyer may choose to arrange receipt of their vehicle. One obvious factor that would determine the difference in delivery options would be whether the delivery is local, domestic, or international
When vehicles are purchased from a local auction, delivery is often provided by the auction company. In other situations, independent transporters may be available to deliver the vehicle to its destination. If you are having a vehicle transported from another state, find out if there are storage fees that will apply to your vehicle. Also, learn the policies for loading purchased cars that pertain to that specific auction.
If you are arranging for transportation yourself, you will also need to ask whether there is a forklift available to load the car. You will also need to know the pickup requirement for the vehicle to be. Including a buyer or stock/lot number, the VIN number of the vehicle, or a gate pass.
Process of buying a car out of state and shipping it from seller to buyer. Transportation of the vehicle within the United States may be by a tow-truck, truck, and trailer. Or on an open or closed car transport from an auto transport company. Although it may be tempting to pick up the vehicle and transport it home to save money. You could end up paying more when you fail to obey laws for hauling vehicles in any of the states that you will be driving through. Professional vehicle transporters have the knowledge of the law and the equipment they need to deliver your vehicle safely and legally to you.
In some cases, the vehicle may need to be shipped to or from the U.S. to another country. Depending on the company that you hire to transport your vehicle, the process may include travel by land and by sea as a single service or it may require two separate arrangements.
You will need to ship the new vehicle you purchase out of the country from a departure shipping port. Picking and transportation from the auction to the nearest port. Hiring a transportation company that handles US Customs for you will make the process a lot more worry-free.
Regardless of whether the hiring of transportation is through the auction house or you find one independently. You will need to get a quote for the costs including all fees. The price of transportation should be in the budget that you set for purchasing a car.
Learn the Rules before You Buy
Different car auctions have different rules related to picking up, loading, and transporting vehicles. Learn these before you purchase a vehicle to prevent paying additional fees that will make your purchase more expensive. The main idea of getting a vehicle from an online auction is to get a quality vehicle at a lower price. Unintentionally adding on fees could result in a bigger expense than you had planned.
You will also need to know the rules of the transporters and provide them with accurate information about the vehicle. If they are not associates of the auction, you will need to supply them with information about
- when the vehicle needs to be picked up,
- where it is located, and
- what equipment they will require.
It is your responsibility to coordinate the pickup of your vehicle as efficiently as possible.
Opting for a Broker
In spite of the obvious convenience of buying something as significant as a car online, there are many aspects that must be considered to get the vehicle from the auction to your driveway. A broker can handle all of the details with expertise that most car buyers don’t have. The reality is that buying a car from a car auction can be a headache. Too often, buyers don’t realize this until after they have purchased a car. Probably you will need to go through DMV inspection and a lot of other procedures and paperwork.
A broker can help you with every step of the process. From finding the perfect vehicle to safe and efficient deliveryto your location.
Transportation is one of the most important considerations you should make when purchasing a vehicle from an auction. Whether it will need transportation across the state, the country, or the ocean.