The Top 5 Best Car Auction Sites
Perhaps you’re in the market to make a mass purchase and ship multiple cars to your auto dealership. Or maybe you just want to buy a vehicle or two for your household. Either way, you should only concern yourself with the best online auction sites to ensure the best prices and the highest quality services.
Below, we will introduce you to the top 5 best online car auction sites where you can get yourself the best deal for a used car or with a salvage title.
If you’re looking for non-repairable, clean title, and salvage cars, then Copart is the online auction site you should use. Vehicles offered on this site include cars, trucks, classic cars, motorcycles, industrial vehicles, and even more.
Copart was first founded in 1982 and sells over 2 million vehicles a year. If you’re looking for a reputable auto auction site that will deliver exactly what it promises, it’s the way to go.
What’s great about Copart is they don’t require minimum bids or reserves, which means you only have to bid what you’re comfortable with. In addition, they have a mobile app that enables you to put in bids no matter where you are. Another great thing you’ll get is the pre-bidding feature, which means you won’t have to sit around and wait for the auction to start to place a bid; you can do it beforehand.
Do note that to participate in Copart’s auctions, you must have a full dealer’s license.
2. ACV AUCTIONS
For those searching for free online car auction sites, you’ll want to check out ACV Auctions. This company uses industry-leading vehicle condition reports, which means you’ll get full transparency about the cars you’re looking at.
The vehicle auctions at ACV Auctions are just 20 minutes long and give you access to thousands of car dealers. We mentioned before that a disadvantage of online car auctions is that you can’t inspect the vehicle in person. ACV Auctions understands this caveat, which is why they’ve developed the Audio Motor Profile (AMP). With this feature, you can listen to high-def audio recordings of the cars’ engines for an unparalleled inside look at your potential auction purchase.
Sign-up is free for ACV Auctions and buys fees are low as well. You’ll also have peace of mind knowing that they feature a secure transaction platform too.
IAAI is an online car auction run by Insurance Auto Auctions. Founded in 1982, IAAI has an extensive and lucrative history of auctioning cars.
This is another site that sells salvage vehicles and as the name suggests, they feature insurance auctions too. Other cars they offer include total-loss, fleet lease, recovered-theft, and dealer trade-in vehicles.
Another selling point is that if you don’t have a dealer’s license, you can still bid on IAAI. To do so, you just have to pay an annual fee of $200. One drawback of this is that you can only bid on the auctions that are available to the public, which means you can miss out on some premium vehicles that are only available to licensed dealers.
Related Article: 10 Best Websites for Buying and Selling Used Cars Online