What Everyone Should Know Before Bidding on an Auto Auction

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Our next blog series is giving you a crash course in auto auctions. From how to find the vehicles you’re looking for to where to shop, we’re here to help simplify the process. Since it would be a little self-serving to only talk about our own auctions (even though, in our opinion, they’re better than our competitors), we’re going to try to be as objective as possible.

Let’s get into it!

What Everyone Should Know Before Bidding on an Auto Auction

So, you want to find an auto auction? Whether you’re looking to get an affordable vehicle part or a fixer upper, auto auctions are great options for getting vehicles at cheaper prices. But there’s a well-known secret you need to consider before winning your dream car for an amazing price—you have to know what you’re getting. That’s the secret to a satisfactory auto auction experience: know what you’re bidding on before you bid. It’s a pretty simple statement and you’d think this would be common sense, but surprisingly, some people don’t have a complete idea of a vehicle’s condition before bidding.

How Do I Know What I’m Bidding On?

If you want to know what you’re bidding on, we’d recommend making sure whatever auction platform you’re using offers some sort of detailed vehicle description. Whether that be an extensive description of any damage or imperfections, or some sort of official vehicle report, it’s imperative to make a buying decision based on something more than just pictures.

Inspect the Pictures

And while we’re on the topic of pictures, let’s talk about what views you should look for in an auction. Obviously, the front of the car is the most commonly used, and it’s important! But ideally, you’ll want an image of each side of the car (front, back and sides), as well as at least one picture of the inside. This should give you a pretty good indication of the cars condition, but be aware that there could be some mechanical issues that you can’t see in a picture. That’s why a vehicle report is more reliable than pictures.

Reviews Matter, But Do Your Research

Always look at buyer reviews and do your research on a company. After all, it’s important to know who you’re doing business with. However, keep in mind that people are more likely to leave negative reviews than positive ones. So, if an auto auction company has been around for a while and they’re still in business, there’s a pretty good chance that they’re doing something right.

Join us in our next entry as we examine other ways to get the most out of an auto auction. But if you want to go ahead and dive in, check out what vehicles we have for sale at Copart.com.

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