Guide
The Complete Guide on How to Participate in BuyAuctionAuto.com without a Dealer and Save $1000’s in the Process
Purchasing a car is always an expensive proposition. However, some savvy consumers have recently discovered an incredible way in which one can save thousands of dollars on the purchase of a used vehicle: BuyAuctionAuto.com.
Of course, participating in a BuyAuctionAuto.com, is much different than other manners in which you may have purchased a car in the past. Learning how the BuyAuctionAuto.com works and how you can participate in them, though, is an easy affair, and you will find everything you need to know below. Even better, you’ll quickly discover why online BuyAuctionAuto.com is much better than making a purchase through a dealer or directly through a private seller.
So, if you’re ready to purchase a used vehicle, and you want to save as much money as possible, then read on! Learn more about BuyAuctionAuto.com and how we can help you to save literally thousands of dollars.
Table of Contents
- Dealer Auctions: Are They Only Open To Dealers?
- Getting Started with BuyAuctionAuto.com
- How To Find the Right Car In an Online Dealer Auction
- Try BuyAuctionAuto.com Today!
Dealer Auctions: Are They Only Open To Dealers?
If you’re already somewhat familiar with dealer auto auctions, then you likely have the following question: “I thought that majority of such auctions were only open to those with dealer’s licenses, so how can I participate?”
While it’s true that most auto auctions in the U.S. are only open to those with dealer’s licenses, there are some ways around this. Below, we’ll explain how you can participate, particularly through the use of BuyAuctionAuto.com!
In-Person Dealer Auction
In your local area, there are likely in-person dealer auto auctions taking place on a weekly or at least monthly basis. As already discussed, these auctions are, by and large; only open to the dealers, restricted to those individuals who are in possession of a dealer’s license.
Now, this is only a speed bump and not a stop sign if you want to participate. For one, you could look into what it takes to become licensed as an automobile dealer in your state, which would allow you to participate in these dealer auctions. But, as you can imagine, it will take time and money (as well as yearly administration and compliance) to become registered as a dealer. Most of us don’t have time for this, so perhaps that is not the ideal solution. Alternatively, you could also work through an intermediary who does have a dealer’s license and can therefore bid on your behalf.
Also, while the majority of dealer car auctions are closed to the public, there are some automobile auctions in which ordinary individuals can participate. Typically, these will be governmental auctions, held by entities like local law enforcement or customs agencies, wherein impounded vehicles will be auctioned off to clear up space.
If you choose to participate in those kinds of auctions, or use one of the ways around the dealer restrictions that were outlined above, then be sure you’re a savvy bidder. You’ll want to conduct a thorough visual inspection of any vehicle upon which you bid, and you’ll also want to note a vehicle’s VIN and request a history report when possible.
Rather than jumping through the above hoops, though, there’s a much easier and more convenient way that you can gain access to dealer auctions, BuyAuctionAuto.com.
Why BuyAuctionAuto.com is the Best Way to Buy a Car
The BuyAuctionAuto.com is open to the public and is absolutely the best way to purchase a used vehicle. We offer three essential benefits that anyone who’s in the market for a vehicle will appreciate.
Naturally, the first benefit is convenience. BuyAuctionAuto.com provides you with an access to dealer auctions not accessible by the public from the comfort of your own home. As mentioned, BuyAuctionAuto.com is incredibly simple and intuitive. If you’ve ever bid on items online before, then you’ll instantly understand how the whole process works.
The second benefit is choice. Through BuyAuctionAuto.com, you’re able to browse not just cars available in your local area, but those available throughout the entire California and soon nationally. This dramatically increases your chances of finding a vehicle that meets your needs and expectations.
But, the most important benefit to BuyAuctionAuto.com, and one that more and more consumers are discovering, is the affordability. Buying from BuyAuctionAuto.com are without a doubt the very best way to save thousands of dollars on the purchase of a vehicle.
2. Getting Started with BuyAuctionAuto.com
As you’ve likely already realized, you’ll be able to find pretty much any kind of vehicle imaginable through BuyAuctionAuto.com. This is obviously a great thing, but the sheer amount of choice does make actually narrowing down your choices a little bit more difficult than you might think. Imagine stepping onto a car dealership’s lot that has tens of thousands vehicles; where would you even start?
Signing Up for BuyAuctionAuto.com
The process for signing up is incredibly straightforward. You’ll be required to set up a username, a password, and will have to provide some basic information about yourself, like your name and where you live.
Given that the cars available through BuyAuctionAuto.com cost more than your average consumer good, you’ll be required to make an initial deposit in order to establish your buying power through the BuyAuctionAuto.com.
Generally speaking, this deposit will equate to 10% of what your maximum bid could be. For example, if you were to make an initial deposit of $500, you would then be able to buy (and bid) up to a maximum of $5,000 on like-new, used vehicles.
Browsing Online Dealer Auto Auctions
Once your account has been created and your deposit has been made, you’re all set. At this point you’ll be able to browse the extensive inventory of used cars that are available at BuyAuctionAuto.com. In addition, BuyAuctionAuto.com does not require any deposit for browsing the auction inventory.
Other Kinds of Vehicles Available Through Online Dealer Auctions
Now, it’s not just cars and trucks that you’ll come across when browsing the inventory of auctions available through BuyAuctionAuto.com. You’ll also find a variety of other kinds of vehicles including boats and all-terrain vehicles. Selection for these kinds of vehicles will be limited, but if you’re in the market for such a thing, then it’s definitely worth looking into what’s available! (coming soon)
A Note About “Bill of Sale” Vehicles Available Through Online Dealer Car Auctions
As you look at different cars that fit into any of the above categories, you’ll occasionally come across vehicles that are labeled as “Bill of Sale” vehicles. Simply put, these are vehicles for which there is no available Certificate of Title and the Bill of Sale – a contract between the buyer and seller – is the only document that exists for establishing ownership of the vehicle.
For the most part, you’ll likely want to avoid bidding on such vehicles. In order for you to take possession of such a vehicle, it will first be necessary for a Certificate of Title to be obtained.
This process can be complex, taking upwards of several months in most instances. If you’re willing to deal with this inconvenience, then by all means bid on “Bill of Sale” vehicles. However, it’s generally a good idea for new bidders to avoid them. In fact, BuyAuctionAuto.com does not sell “Bill of Sale” vehicles (even if such vehicles are shown on their site) for the reasons mentioned above.
3. How To Find the Right Car In BuyAuctionAuto.com
As you’ve likely already realized, you’ll be able to find pretty much any kind of vehicle imaginable through BuyAuctionAuto.com. This is obviously a great thing, but the sheer amount of choice does make actually narrowing down your choices a little bit more difficult than you might think. Imagine stepping onto a car dealership’s lot that has tens of thousands vehicles; where would you even start?
How to Narrow Your Choices in an Online Dealer Auction
In order to start the process of narrowing down your choices, make sure you establish a clear budget ahead of time. Doing so will allow you to cull the field of available cars significantly, and it will also assist greatly when it comes time to bid. As with other kinds of auctions, it can be easy to get carried away when you find that car. Having an established budget will prevent you from spending more than you really should.
Now, do note that your budget has to involve more than merely the final bid price on the vehicle you’re purchasing. You will also need to factor in additional expenses that will include, at the very least, the cost of transporting the vehicle from the auction site to yourself and the auction fees.
Setting a budget like the above might seem a bit complex, but thankfully BuyAuctionAuto.com provides you with help (including understanding what final bid price may be on the vehicle of your choice)…
Why You Should Work With Your Dealer Auction specialist
Much in the same way that you’d need to work through an intermediary in order to participate in an in-person dealer auction, you will also be working through an intermediary of sorts through an online auction site. This intermediary is known as an auction specialist, and he or she will help you throughout every step of the searching, bidding and purchasing processes.
When you’re getting started, reach out to your auction specialist, and talk about your needs and what you’re looking for. He or she can help you to establish a sound budget and can also help with estimating the potential cost of shipping from an auction site. When you find cars that you’re interested in, your auction specialist can often give you a great estimate of how much those cars will fetch at auction. Finally, your specialist can also assist with the pre-bidding process, too!
Beyond this there’s another way that an auction specialist can immensely assist your search for a great deal. Of all the physical auto auctions taking place in the United States every day, only a fraction can be publicly displayed online. By working with your auction specialist, you can gain access to those auctions which are not immediately available through the website. This is a great thing to do if you know specifically what you want!
Tips for Bidding in Online Dealer Auctions
Leaning on the experience and knowledge of your auction specialist is obviously a sound idea, but at the end of the day you’ll be the one responsible for what you bid on and how much you spend. Therefore, be sure you keep the following tips in mind as you embark on your journey through the exciting world of BuyAuctionAuto.com.
As mentioned, having a clear budget in mind is of paramount importance when you’re bidding through BuyAuctionAuto.com. The reason for this is simple. Getting carried away can be quite easy, but there’s absolutely no cause for allowing this to happen. Given the volume of choice available, if the price gets too high for a car in which you’re interested, you can be almost certain that there’s another similar (or even identical) car that you can target instead.
Beyond this, though, make sure you become an informed bidder. When you’re browsing the number of cars available, you’ll see that each has their VIN prominently displayed. If there’s a car in which you’re interested in bidding upon, then use that VIN to request a vehicle history report. While this will require an investment on your part it may be worth it because you won’t be able to physically inspect the vehicle (though you could potentially hire someone to do so at a much higher cost). The history report will be your best way of assessing the state of the vehicle and whether or not it’s worth further investment and / or a purchase on your part.
Making Payment for Cars Won Through BuyAuctionAuto.com
Eventually, you’re going to find the right car for you through an online dealer auto auction, you’re going to bid on that car, and you’re going to win the auction. This is definitely a cause for celebration, but your work isn’t done yet!
Following a winning bid, it will be necessary to complete payment for the vehicle. The deposit you’ve made will be applied toward the final bid price, and the difference will need to be paid by you in the next 48 hours after winning the bid in a form of wire transfer or cash. So, make sure you’re on top of your payment following a winning bid!
Arranging for Delivery of a Vehicle Won Through BuyAuctionAuto.com
Aside from completing your payment, you will also need to arrange for delivery of your vehicle. Thankfully, this is most often an incredibly simple process with BuyAuctionAuto.com.
In most cases, your auction specialist will be able to arrange for shipping and delivery of a vehicle that you’ve won. In arranging shipping and delivery, you can coordinate with BuyAuctionAuto.com to find a transporter that’s reliable and cost-effective.
You can, of course, arrange for transportation and delivery on your own. Do note, though, that will not be allowed to pick up the vehicle yourself, even if the vehicle is only miles away from where you live. This is due to the fact that only authorized individuals are allowed to enter auction sites. For this and other reasons, you’ll find that working with the BuyAuctionAuto.com is undoubtedly the way to go, as their experience and established relationships are all things of which you can take advantage of!
Private Individuals Can Use Dealer Auctions in the United States
If you’re living outside of the United States but would like to investigate the options that are available to you through BuyAuctionAuto.com in the United States, then you should definitely do so! The fact is that cars available through us can be found at incredibly steep discounts, most often at significantly lower prices than anything you’d be able to find through a dealer in the United States or outside of the United States.
Of particular interest will be the number of luxury and classic automobiles that can be found through BuyAuctionAuto.com. Also noteworthy are the used and salvage vehicles. In most cases the cost of parts and labor in the United States is significantly higher than it is elsewhere in the world. Therefore, picking up a “fixer-upper” in the United States and importing it into your country can be an incredible way to save an extraordinary amount of money on a vehicle.
Import Business Can Use BuyAuctionAuto.com, Too!
It’s not just private individuals living abroad who should check out BuyAuctionAuto.com in the United States. The fact is that many foreign businesses have begun to use these auctions as a means of stocking their inventories. BuyAuctionAuto.com is an excellent way to buy in bulk, something that will also save business money when it comes time to ship and then import the vehicles from the United States.
A variety of vehicles (including luxury and classic automobiles, of which many are available through BuyAuctionAuto.com in the United States) are a particularly attractive target for a foreign car dealers. But, also consider salvage vehicles. Not only can these be bought at a deep discount, imported, and then repaired for pennies on the dollar, they can also become an excellent source for spare parts, which can then be resold on the secondary market often for significant profit.
Understanding Rules and Regulations for Importing U.S. Cars
Important, you must understand what rules and regulations your country has in place to import of new, used and salvage vehicles. Every country on the globe is different when it comes to what it will and won’t allow, and you’ll definitely want to know what’s permissible in your country before you start bidding!
As a general rule, there are certain kinds of rules and regulations that are common throughout the world. For example, many countries have age restrictions in place when it comes to the import of used vehicles. When looking into this, be sure to observe how your country determines vehicle age. Some countries will go by date of manufacture, while others will go by model year.
In addition, some countries may have differing rules regarding the import of salvage vehicles that have not been repaired prior to export. There are some countries that will not allow the import of used vehicles that have visible damage to their exteriors. Further, there are frequently rules that pertain to who can resell any new, used or salvage vehicles that are imported from the United States or elsewhere. Be sure to pay mind to these rules if you’re seeking to use BuyAuctionAuto.com to build a business.
Getting a Handle on Import Duties and Taxes Naturally, the other complication that you’ll encounter when taking advantage of U.S. online dealer vehicle auctions is import duties and taxes.
In examining what your countries duties and taxes are, be sure you’re paying attention to how a vehicle’s value is assessed. Most specifically, note if your country uses the CIF value of an imported vehicle for the purposes of calculating duties and taxes. If you’re unfamiliar, CIF stands for “Cost, Insurance, Freight” a figure that represents the value of the vehicle (as assessed by your local customs authority) plus the cost of shipping and shipping insurance.
If your country does use CIF, then you’ll necessarily want to keep your shipping costs as low as possible. Thankfully, we are more than happy to help you in arranging international shipping that’s both reliable and cost-effective.
Also, as you research duties and taxes, take note of whether or not your country distinguishes between different kinds of vehicles. For example, there are many countries in which the import duty may be adjusted to different percentages depending upon the type of vehicle, the size of a vehicle, or even the vehicle’s engine’s displacement. Understanding how these taxes and duties work in this manner will help you to ensure you’re making an informed bidding decision through BuyAuctionAuto.com and that you’re saving as much money as possible!
4. Try Dealer BuyAuctionAuto.com Today
As you can see, it’s incredibly easy to purchase your next car using state-of-the-art BuyAuctionAuto.com platform.
You’ll get an incredible amount of choice when it comes to finding the car you’re looking for. You’ll be able to conduct your search, make your bidding decisions, and ultimately make your
purchase from the comfort of your own home… And, you’ll definitely be able to save thousands of dollars!
