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How to Get the Most from an Online Auto Auction

With thousands of vehicles available every day via the Internet, dealers can take advantage of online auto auctions to source inventory. The main reasons cited by car dealers for purchasing online are convenience, time and cost savings. Whether you are already buying online or considering online auctions to source inventory for the first time, here are a few tips to help you get the most from your online buying experience.

1. Try Before You Buy

Shop a number of different auction sites to ensure they offer the inventory you want and need.

  • Several organizations provide lists of auto auctions such as the National Auto Auction Association to help you locate different auto auctions to shop.


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    2. Get the Support You Need

    Not all online auctions offer the same level of service. Make sure the auction you choose has a support team available to help assist you.

  • Toll-free or online support should be available to help you navigate the ins and outs of purchasing online such as the registration process, creating a watch list and placing a bid.
  • Some online auctions have added fees. Be sure to inquire about all fees, state regulations and arbitration policies.
  • 3. Get the Support You Need

    Not all online auctions offer the same buying tools. Take time to get familiar with site navigation and available tools.

  • Learn how to search for specific inventory by auction or consignor.
  • Learn how to place an auto-bid or buy now, if available.
  • Learn what bid status indicators mean.
  • 4. Know Market Pricing

    Use market pricing to determine the value of vehicles before you bid. Refer to the auction’s pricing guide to ensure you’re buying at the right price.

  • Most provide auction averages.
  • Some allow you to view sales for previous auctions, compare actual and average results, and view results by clean, rough or average condition.
  • When looking at condition reports, remember to read the announcements to get all the information required to make an informed and intelligent purchase decision.
  • 5. Know your options for auto transport from auction

    A new generation of auto transport companies is also using the power and speed of the Internet to make auto shipping from auction easy and more economical. By offering both long-distance rail transport and short-distance car hauler options, auto carriers can quickly and economically ship cars anywhere in the country. Instant 24/7 online auto transport quotes are available, along with estimated delivery time.

  • Truck transport is usually recommended within a 250-mile radius of the pickup point.
  • Rail or a combination of truck and rail transport is recommended to ship longer distances.
  • Auto transport by train for moves over 500 miles can often lower auto shipping costs.


  • Winning Online

    With thousands of vehicles available online, car dealers have access to the freshest inventory from a wide variety of sellers. They can also realize significant savings while buying from the comfort and convenience of their own dealership. Auto transport companies offering both short-distance truck and long-distance rail options allow dealers the flexibility to use the shipping mode that best meets their cost and timing requirements. Know how to get the most from an online auto auction to save time, money and offer your customers the best inventory.



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      November 14th - 15th, 2011
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