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How Do I Find the Best Vehicles from Car Auction Sites?

Date: 10/14/2015 |Category: Car Auctions

One of the best ways to find a new vehicle today is through car auction sites. These sites have a wide range of different vehicles available, and the prices are generally quite cheap when you compare them to buying through other methods.

Search Several Sites

You don’t necessarily want to choose the first car auction site you find. Look at several different sites to see how often they have auctions and what types of vehicle they have available. Some sites may even have a buy now option, so you can buy a vehicle at a certain price if you feel the bidding might go higher than that amount. That’s not the case with all vehicle sites, though.

Check out a couple of the car auction sites before making your choice. One of the things that you may want to consider is the location of the auction in proximity to you. If it is relatively close, it will make the shipping cheaper once you buy the vehicle.

Get Details on the Vehicles

Car auction sites will generally have quite a bit of information available on the different vehicles. It is your job to look through this information and to choose the right vehicles.

Many of the vehicles available through the car auction sites are actually salvage titles. This doesn’t mean you should avoid those cars. It simply means you need to understand what how much and what kind of work it will take to get the vehicle into a condition where it can receive a rebuilt title.

Work With a Dealer

One of the best tips for finding vehicles through car auction sites is to work with a third party dealer. The dealer can help to take away much of the hassle of being part of an auction. For example, you can let them know how much you can afford to spend, and then they can bid on vehicles of your choice keeping your budget in mind. This means you will not have to worry about constantly checking to see if someone else has outbid you.

Also, many of these companies can also offer help when it comes to shipping and exporting the vehicles, which helps to make things even easier on you.

Another benefit is the fact that they are able to attend dealer auctions and let you know all about the various vehicles that are available. Only dealers can go to these car auction sites, and that means you will have even less competition when bidding.

Since the dealers are only looking at vehicles from a financial standpoint, if you bid higher than them on a car you really want, you have a good chance of getting it. They want to keep their bids as low as possible so they can ultimately make a greater profit when they sell the car.

Remember Your Budget

Even if you can find some great vehicles at car auction sites, you always have to keep your budget in mind when you are buying. In the event that other bidders start to push up the price past your comfort zone, it is in your best interest to step away and simply choose another vehicle.

If you aren’t careful, there is always the chance that the price could go high enough that you overspend and do not have enough money available for the repairs the vehicle will need before it can get on the road.

By taking your time and understanding the different car auction sites, as well as learning about the vehicles you are considering, you have a very good chance of finding a high-quality vehicle through an auction.

Explore our Vehicle Auctions, as well as finding more information about How These Auctions Work.

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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?