Online public auto auctions are a floodgate of opportunities for auto enthusiasts to buy all sorts of vehicles at unbelievably low prices. Be it affordable options such as hatchback and crossovers or more power-packed machines such as SUVs and pickup trucks, you can find them all in online American auto auctions. Having said that, the journey to buy your favorite vehicle might involve some questions and concerns, especially if it’s your first attempt at buying a vehicle through an auction. That’s why, in this article, we present an overview of all you need to know about online public car auctions, covering all key aspects such as eligibility, registration, security deposit, and shipping. Read on.
Eligibility
Online public auto auctions are open to all, which means you no longer need a dealer’s license to participate. All leading websites hosting American auto auctions simply require the buyer to be of legal age, i.e. above 18 years, and they must also have a government ID. If you fulfill these two conditions, you are eligible to participate in online American auto auctions.
Registration
The days are long behind us, when people had to wait in long queues to register themselves as participants in auto auctions. Online salvage auto auction platforms such as Salvagebid give you a remarkably simple way to register and get started. You can register either by providing some basic personal details or can use your Facebook or Google account to set up your membership.
Security
Once you are through with the registration process, you will be required to make a refundable security deposit to set your bidding power. The security amount at Salvagebid is $600 or 10 percent of the intended bid amount, whichever is higher. If, for instance, you are planning to raise your bid to up to $10,000, you will be required to make a security deposit of $1000.
Shipping
Online public auto auctions not only let you take your pick from a large pool of options, all going at exceptionally low prices; all leading names in the online auto auction business have a trusted shipping partner that you can contact to get your vehicle delivered to your location. In short, you don’t even have to leave home to buy a car through online American auto auctions. For detailed VIN specifications, lien records, vehicle ownership history, and previous accident checks, you can conduct a VIN lookup by ClearVin. Furthermore, it’s also possible to perform a special dealer VIN check that is a business offer with bulk access.
Wrap Up
Whether you are looking to buy a used car with a clean title for personal use, or a salvage model for your next restoration project, online public auto auctions have got you covered. Register with us today to start bidding in our American auto auctions and bring home your favorite vehicle at an affordable price. If you have any questions about auctions or any of the clean, salvage or repossessed cars for sale featured in our inventory, simply call us at: +1 (360) 347-1300, Monday to Friday, 6am – 4pm (PST) or email at: support@salvagebid.com.