Archive for the ‘Online Car Auctions’ Category

It is becoming quite difficult to sell your car and it is even trickier to purchase a new vehicle. This is why so many people are turning their heads towards used cars and one version available is consulting special web sites that are dedicated towards used cars that are sold through an auction system. This basically means that you can bid on the vehicles you like and if you are the winning bidder you will take home the car. The good part is that you get to do it all from the comfort of your own home but the bad part is that you might end up with a vehicle that is not that good. Let us think about what you need to do with used car online auctions in order to make the most out of this great opportunity.

The first and most important thing is to only use online car auction web sites that are showing high quality. This is not linked with the vehicles offered, the price or the various possible services. All should be based on customer reviews. Do not trust what is said on that web site but look at what people are saying about the online car auction on various available message boards and forums that are handled by regular people and not representatives of other companies. If you get to see statements that said the car was not as it was advertised you need to start wondering. Also, only trust companies that have been in the business for a long time. You can find out details about them on various web sites linked with such auctions but also by calling and asking for details yourself.

When dealing with an online auction, you can not really know what the others are going to offer. The good news is that you have a big chance of getting the car you want exactly because of this reason. Most individuals will bid amounts that are simply to low to be accepted by owners. The right approach would be to realize the actual value of the car and offer a little less so that you are sure you will get it. You could also contact the owner directly and some web sites will offer a stop price that you can pay and get the car no matter what the others will offer. This is basically the lowest amount or a medium sum that the owner will accept. If that fixed price is within your budget and you are sure that the car is worth that sum you should take the opportunity. Also, if you plan to sell a car, the same principle must be applied. You have to use only reliable used car online auction web sites in order to gain the profit you want or to obtain the price you are looking for. Never forget that such web sites will also charge owners with a fixed amount that is to be paid when your minimum sales price is offered from a customer.

This article will talk about the online car auction and the experiences we have had with selling cars online. We will also offer some tips and advice for people who decide to sell their car online.

Selling your car online - Online car auction

Selling your car online is one of the ways in which you could potentially sell your car. Recently, we sold one of our cars online via an internet auction site. Based on our own experience, we will give you some advice on how to sell your car and the things to do when selling your car.

Our steps for selling your car online - Online car auction

First of all, you will need to clean your car up and make it look as good as it can, this will help with the sale of the car. Give it a good clean on the outside, vacuum the inside and outside of the car, be sure to make the car as clean as possible, its important for our next step.

Now, you will need to take some photos of the car, take photos of the outside of the car at all angles, and then, you will need take some photos of the inside car. After you have your main photos of the body work of the car, we suggest taking photos of the engine, the bonnet of the car inside, and finally, photos of anything else you would like to include with you listing.

For example, any modifications you have made to your car, such as a hifi system, speakers, and high quality tyres as classic examples.

Once you have taken your pictures of the car you are selling, you are ready to sell the car on an auction site. EBay is the most popular and the auction of our choice. This is the auction that we believe you will most likely sell your car. You will advertise to thousands of users worldwide.

Promote and sell the car

List your car writing down all specifications of the car, including engine size, the year of the car, the mode, we are sure you get the idea. Whatever you need to include, be sure to include. Also include its current condition, mileage, and if it is road worthy and fully tax and tested.

Closing the sale at the online car auction

Once you have the car sold, you will be contacted by the bidder who won the item, if not send a receipt to the bidder and a method of payment you accept. You wont be able to post an item such as a car, so the buyer will have to come to you to finalize the sale, remember to include your address and any conditions on the auction so the winning bidder knows any terms of sale you have.

Yep, that’s right, 250,000 people have used www.stateauctions.org to help find the cars and homes that their looking for.

Now, if you’re reading this, you don’t really care about finding cheap houses, but finding cheap cars is right up State Auctions alley!

How do they work?

Well, it’s simple really, what is the government going to do with all the cars they seize because of people breaking laws or government agencies over ordering?

They can’t exactly just stick them all in a lot and leave them there to rot, so they sell them at seriously low prices.

This is where you benefit… www.stateauctions.org makes it seriously easy to get cars cheap, and should be one of the first places you check out.

Have fun!

John

Finding the Right Car Auction and Review Site

Finding the right car auction and review site on the net these days is often a difficult task.

We’re going to expose some shocking facts about Car Auction and Review sites here, that you may not enjoy reading, but it’s something that should be told to the public.

You see, most car auction and review sites gain commissions every time they recommend you, the buyer, to their site.

Now, there is nothing inherently wrong with this, simply because it’s like a salesperson who is selling goods, you’d expect them to make a commission when the sale goes through, but what happens when the salesperson has never used the product themselves?

What happens when they’ve never even looked at the site?

What happens is they are making recommendations based on what they are going to earn, and this is what most car auction and review sites do.  They don’t “try before they sell”.

They are like the used car salesman who’s selling Lincolns but drives a Ford.  What happens?  The trust is immediately torn away from the transaction, how can you trust that person?  They don’t even know what it is like to DRIVE a Lincoln!

What you need to find is car auction and review sites that are impartial, that compare car auction sites objectively against each other, not on the commission they will earn, but on the fundamentals of the site, how good they are at their customer service, whether they are actually real or not.

It is always a good idea to call the business phone of the car auction site you are looking at going through, if they aren’t a legitimate business, leave their site, and never come back.

Car auction and review sites have a lot of money for the owners, because virtually every household owns a car in America, car owners are always looking for a better, cheaper deal, and while car auctions are the perfect place to achieve this, as a consumer you need to be made aware of the realities of the situation.

The bottom line is, if you are looking to buy a cheaper car, or model that you might have found and liked, car auctions are the best place to find them, and legitimate car auctions often save the buyers thousands of dollars on their next purchase.

The important thing is that you verify that the site is real, that the owners of the site are legitimate, and that if you are going from a referral, that it is from a car auction and review site that is objective.

In case you were wondering why you shouldn’t buy a new car from a dealership here’s why. If you were to go out right now and buy a new car from a dealer, you’ll be paying full price less the additional extras the salesman throws in to get you to buy it.

After the first two years of the new car’s life, you’ll automatically loose up to 40% of the value of the car assuming you bought it brand new. And on top of that if your new car was five years old it’ll loose up to 65% of its original price. So the logical thing to do is to buy a car between 3 and 5 years old. So you don’t loose half the value because it’s already halved. So my advice to you is to buy a used car instead of a new car.

So in theory if you bought a 4 year old car it’ll already have lots around 50% of its original value. Thus in 2 years when you sell it you’ll theoretically loose about 15% of the value you paid for less all the running expenses. There it is, one of the secrets in saving money when buying a car.

Now here’s another secret to saving money when buying a car. Have you ever heard of a car auction? Or an online car auction? How it works is really simple. Usually cars on auctions, be it reposed cars, ex government cars, or dealerships getting rid of old stock, you really can’t go wrong when you buy a car from an auction.

When you buy from a normal dealership you have to pay the premium price when you buy at auctions you’re paying wholesale rates. One of the best ways to save money is to head to a local car auction site or you can search online for an online car auction website.

You’ll be presented with all the necessary guarantees such as misrepresentation, meaning if you buy a car online and it gets shipped to you, you inspect it and it’s not the same as advertised, you’ll be entitled to a refund. Same goes for local car auctions. You can test drive the car before you settle to buy it, but only after you’ve won the bid.

So there you have it, the two secrets to saving money on cars. Make sure you do you research before buying any car online and offline by inspecting it carefully. Good luck and I hope you save lots of money!

So what’s the difference between an online car auction and an offline car auction?

Traditional car auctions are actually more time consuming than online car auctions. You have to actually be at the auctions site to place a bid. Therefore you should live locally or you should travel there.

One of the major benefits of buying at an actual car auction is that you get to inspect the car physically before you place you bids and you get to test drive it once you’ve bought it to ensure that the car is not a dud.

However with online car auctions this is not a real issue. The only different is that you inspect the car when it arrives at your destination. You are still guaranteed from the online auction site that if the car has be misrepresented in any way on their website you should be able to send it right back. So you don’t really risk much at all. Purchasing cars only has been made safer through the years.

So here are the benefits of online car auction sites.

• Shop when its convenient to you
• Search, find and compare prices on all cars and on all websites
• Manage your bids at your own time
• No travelling to auction sites that might be hundreds of miles away from you
• Get a great deal on shipping fees
• All information on the car and images are ready for you to inspect
• Guarantee from online auction site that if the car is misrepresented you can send it back
• Buy a car that’s cheaper than dealer rates

If you buy a repossessed car or an ex government car you can get an even better deal. Look around and you’ll find these deals on the web. Just be patient and do your research carefully.