Are Online Dealer Auto Auctions Safe to Use?

By Mike Richards Updated: 01/26/2018 Posted: 07/06/2017

If you’ve been paying attention to the news in the automotive sector, then you’ve likely been hearing an awful lot about online dealer auto auctions. The reason for this is simple. More and more auto buyers are now turning to these websites that offer access to dealer auctions when they want to buy used cars.

These websites offer an incredible array of benefits that are hard to ignore. For one, an auto buyer can enjoy the level of choice afforded by having thousands of cars available at their fingertips. Further, this extensive inventory can be browsed all without the need to leave one’s home. Best of all, though, buyers stand to save thousands of dollars when they buy a used car in a dealer auction online.

Despite these benefits, some remain skeptical about the enterprise. They wonder if online dealer auto auctions are actually safe. The answer is decidedly yes, the reasons for which we’ll explore below.

How Online Dealer Auto Auctions Are Possible

Dealer auctions for used cars are, of course, nothing new. These auctions take place across the country every day, and they have been taking place for decades. In previous times, though, these auctions have largely been closed to the general public. To access dealer auctions, you needed to have a dealer’s license.

Online dealer auto auctions have changed that equation. Websites that provide this service act as an intermediary of sorts. The website itself has a dealer’s license, and the ability to list vehicles from certain dealer-only auction houses on their site so that you get access to this inventory at great prices. Because of this, the whole universe of dealer auctions has been opened up to a whole new class of auto buyers: ordinary consumers.

Comparing Dealer Auctions to Other Ways of Buying a Used Car

Some are, of course, skeptical when it comes to participating in auctions for used cars online. However, when you compare online dealer auto auctions to other means of buying a used car, the winner is clear.

When you conduct business with dealerships, there are numerous drawbacks. To find what you’re looking for, you’ll frequently need to visit a number of different dealerships. Then when you do find what you’re looking for, you’ll need to haggle with a car salesperson. You could, of course, choose to buy a used car directly from an owner. But the risks of doing this are already well known.

Online dealer auto auctions have none of those risks, and they afford convenience and choice that can’t get had through a dealership. In this way, it’s easy to say that websites that provide access to dealer auctions are the superior way to buy a used car, from anywhere in the world.

How You Can Get Started with Online Dealer Auctions Today

If your initial skepticism has been allayed and you want to see what dealer auctions are all about, it’s easy to get started. You merely need to create an account with a website in order to start browsing what’s available. Should you find what you’re looking for – and you will – your only a deposit away from bidding on the car (or cars) you’ve been looking for and saving a bundle in the process!