Buying & Selling Items At Auto Auctions


August 23, 2017 Facebook Twitter LinkedIn Google+ Online Auction


Are you considering selling your used car or purchasing new one? Are you considering buying or selling at auto auctions? Then this article is for you. This article will discuss the benefits of buying and selling automobiles at auto auctions in Arizona. This article will also provide information about how to choose an auction house as well as the services that auction houses offer.

High quality auction houses specialize in auctions and professional appraisals. By combining auto auctions and professional appraisal services, they are able to create synergistic, distinct benefits to all of our clients. An auction firm’s professional appraisals are typically based among other factors on auction sale pricing comparables. By regularly monitoring their own and other auctions around the country, the firm’s research staffers and appraisers accumulate superior knowledge of value. Thus, their appraisals are timely, accurate and fully supportable.

BUYING A VEHICLE AT AUTO AUCTIONS
There are many benefits to buying an auto through auction. One of the major benefits is that buyers do not have to pay the infamous dealer mark up. Bidders can find all kinds of autos through auction whether it be cars, trucks, motorcycles, motor homes, recreational toys, boats and trailers. All sales are final and must be paid for on auction day.

Bidders can attend auto auctions live or online. Vehicles are sold “as is.” You are responsible for carefully reading descriptions and making the decision to bid on the vehicles(s) you are interested in based on the information that is available. All of the vehicles sold at auction have a clean title, which will be signed over to your name and notarized so that you are able to have it transferred at the Department of Motor Vehicles.

The majority of vehicles auction firms sell have keys, however, in some special situations (especially with abandoned airport vehicles), there may not be keys. Please be sure to read the description for the vehicle, which will state if keys are included. If no statement regarding keys is made, you can assume there are keys for the vehicle.

SELLING A VEHICLE AT AUTO AUCTIONS
Selling your car through auto auctions is a great way to have your vehicle marketed to the public and sold for fair market value, saving you from paying for expensive newspaper ads and phone calls. More importantly, auto auction selling will save you time as you can sell quickly through auction.

To sell you vehicle at auction an auction firm requires a clear title free of any liens. You do not have to have current tags and the vehicle can even have an out of state title or plates. As long as you are the owner of the vehicle and the title is marketable, the firm can auction your auto.

Superior Marketing That Attracts Buyers When Selling at Auto Auctions
A Phoenix auction house is a “market-maker” and they understand that successful auto auctions begin with successful marketing and advertising. Only by attracting the most qualified buyers will spirited and competitive bidding occur. So the auction house will focus a major effort on reaching the right audience effectively. Through their years of auctions and appraisals, they’ve learned who and where the buyers are, as well as how to reach them. Using direct mail, trade journals, newspaper advertising, Internet message boards, email and broadcast fax; an auction house assures the best possible buyer turnout.

Deb Weidenhamer is President of Auction Systems, the Southwest’s most active auction and appraisal company, as featured in TLC’s newest reality show, AUCTIONEER$ . Contact us for more information about auto auctions.

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