In the past, only auto dealers were able to visit auto auctions and when people wanted used cars they had to go hang out with Larry the used car salesman for a few hours. If there’s one way that the internet has made the world a better place, it’s in the invention of the public auto auction online.
Here are 3 things you should know before shopping at an online car auction.
1. You can inspect the cars before you buy them
Just like the dealer-only auctions we’re most familiar with, the cars at an online auction are available for public viewing before the event at numerous locations, as depicted in the auction listings. It’s a common misconception that auto auctions are like storage unit auctions in that you don’t know what you’re getting because all of the vehicles are available for inspection before the auction.
We make it easy to browse through upcoming auction events and to see the results of past auctions, so you have a better understanding of what to look forward to.
2. The cars are normal
You’re likely not going to find sports cars, fancy exotic imports, customized art cars or anything your neighbors will blink at when you’re shopping at a public auto auction. Online shopping for a car is all about simplicity, convenience and just getting the job done. Don’t expect anything new, these are used cars and, as such, don’t have new car warranties. They’re trade-ins, repossessed vehicles, and corporate lease vehicles that have expired. Sometimes, they’re also former rental cars.
3. Anyone can buy at a public auto auction online
Contact us to learn more about the bidding process. You don’t need a business license or federal resale number or even special insurance policy to buy a used online at auction. Visit our “how it works” page and don’t forget to sign up for our email newsletter for answers to questions that you may have before getting started.