Flash Auctions
Try out our new feature. Be fast. Save Big!

Is Investing in a Vehicle History Report in an Online Dealer Auction Worth It?

Date: 08/04/2017 |Category: Car Auctions

When you choose to buy a used car in a dealer auction online, you’re going to hear the same advice over and over again. You have to do your research in order to determine whether or not to bid. A major part of doing this research is, of course, using a vehicle’s VIN to request a history report.

Despite the undisputed veracity of this advice, there are still many who wonder if requesting a vehicle history report is actually worth it. They wonder why they should spend money investigating a car upon which they may or may not bid. Thinking in this manner is definitely the wrong way to go about using dealer auctions online. Let’s look at why that’s the case.

Why You Should Absolutely Request a Vehicle History Report

If there’s one drawback to online dealer auto auctions, it’s that you cannot personally inspect the vehicles upon which you’re bidding. Further, you cannot get behind the wheel of the vehicle and test drive it. When you consider that all auction sales are final and as-is, the necessity of thorough research should be readily obvious.

What a Vehicle History Report Can Tell You

The history report will provide you with incredible insight into the present state of a vehicle. Often, what you can learn through this report will make or break one’s bidding decision.

One of the biggest things you should look at in the report is the number of previous owners the vehicle has had. Simply put, the more owners, the more likely ongoing maintenance hasn’t been followed. In addition to this, you will also find out a vehicle’s accident history and whether or not it’s been subject to repossessions.

In the end, taking into account all of the things you can learn in the history report will go a long way toward determining what state a vehicle is in. Should you have any trouble parsing what you’re reading, then be sure to contact your auction specialist. He or she can look over the report and give you an assessment.

Keep in mind that a history report isn’t just a tool you can use to choose what cars not to bid upon. Sometimes what you discover can lead to finding that diamond in the rough. In fact, some of the best deals in online dealer auto auctions are found through just these very means!

How You Can Request a Vehicle History Report

In order to gain access to a vehicle’s history report, you’ll need to the vehicle’s VIN. Thankfully, online dealer auto auctions provide the VIN on the actual auction page. With that, you can go to a third-party site like CarFax in order to request a report.

In the end, it’s important to remember and believe that this upfront expenditure is very important. As mentioned it can save you from purchasing a lemon. Even better, though, doing this just might draw your attention toward that used car that could become the deal of a lifetime.

Auto Auction Specialist Used car expert The largest salvage & insurance vehicle auction marketplace online.
Bid on over 200,000 vehicles for sale right now.

Ready to get started?

Register a free user account and start bidding on your dream car right now!

Sign up for free

Unfortunately we are not in the office right now

Let us call you back during our business hours

Thank you!
We will contact you on:

{{cbTime}}am {{cbWeekday}}


Ok, got it!
We speak your language:
English, Spanish, Portugeese and Russian
< Back
  • User Registration
    • Do I need to register to bid?
    • Do I have to pay to register?
    • What information do I need to provide to register?
    • What are the rules regarding new customers and customers not in good standing?
    • I do not have a dealer license; can I bid or buy a car?
    • Can I just buy one car?
  • 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?