Is it cheaper to buy a car at an auction?
We recently completed a study of the savings a buyer could expect at auction. On average, you will save 20% or more. That’s a savings of $4,000 on a $20,000 vehicle. And savvy buyers can expect to save much more.
Can you get good cars at auctions?
Nothing excites a bargain hunter like the word “auction.” But when it comes to buying a used car at an auction, can you really get a good deal? “The answer is yes with an asterisk — or maybe three — after it,” says Richard Reina, product training director at auto parts site CARiD.com.
How much can you get for a car at an auction?
When you buy a car from a formal online car auction, they can go for anywhere between $3,000 to over $10,000. Of course, the junkers will be priced on the lower end, but you can still pick up some pretty decent vehicles from auctions.
Why do people go to auto auction malls?
One of the reasons consumers love Auto Auction Mall is because they have a HUGE database of cars to browse through. Their buyer agents are some of the most experienced and trained in the business – which means you can find virtually any type of car you want.
Which is the best site for Car Auctions?
Copart was first founded in 1982 and sells over 2 million vehicles a year, which means they’re definitely a reputable site that will deliver on what you want. They have over 200 locations in the United States, and have a presence in 11 countries total. This means in addition to online auctions, they also do in-person ones.
What’s the best way to sell a used car?
Most used car dealers prefer to sell to customers, other dealers and dealer auctions. If a car is too far gone to sell in any of those ways, they resort to the public auction. Take a second, third and fourth look at used car dealer offerings at public auction.