Where Knowledge Rules

Home:

Autos

Get a Widget for this title

Why selling through car auctions is a good solution

Why not sell your car through a Car Auction. Its takes away the stresses of having to advertise vehicles and have people coming back to you with stupid offers.

Top 10 reasons why selling through auction is the best solution.

1, No comeback to the purchaser. All vehicles are sold as seen at most auctions. This means that once the hammer drops, the vehicle is sold as a binding contract to the bidder.

2, Some companies offer valeting, so get the car nice and clean and in showroom finish.

3, The vehicle will be off your drive and securely stored away at the centre until sold.

4, some auctions even catalogue their vehicles, promoting more interest.

5, no need to advertise, they will do all of that for you.

6, You dont get to see the purchaser, and they wont get to meet you. This means that there is a less chance that the purchaser will come back to you with problems. This will all be dealt with through the auction company.

7, Mostly trader purchase through auctions, which means more bids and generally more money for you.

8, Some auctions allow you to put reserves on vehicles. Be careful though as some state that any vehicle over 5 years old, is sold for the highest bid. Which means it could go for more or less than you want.

9, DVLA, The auction will notify DVLA of the new owner as soon as it is sold. So no declaring sorn on vehicles which are not taxed.

10, Refurbishment. If your car has dents and scratches which may reduce the selling price, why not get a quote and gain more from auction.

A Few things to be aware of when selling through auction.

1, V5 (logbook) auctions will not sell vehicles without one from a private individual

2, Commission, some companies charge 10% of the selling price, other have fixed rates. find out before selling your car.

3, Provisional bids, make sure that any bid is dealt with through yourself, not a third party as if the price is accepted, there is no going back.

4, Experian checks. Vehicles on finance, category write offs, repairable, stolen, plate changes will all show up. This can stop you from selling the car. Anything showing that isnt true, must be dealt with by yourself.

Learn more about this author, Karen Billington.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Why selling through car auctions is a good solution

  • 1 of 6

    by Karen Billington

    Why not sell your car through a Car Auction. Its takes away the stresses of having to advertise vehicles and have people

    read more

  • 2 of 6

    by Mona Gallagher

    Certain cars are ideal for selling at auctions. These cars are in varying conditions, some may be older cars and other cars

    read more

  • 3 of 6

    by Sawsan Elzayyat


    Three options are available for a private owner selling a car: sell to a private buyer, sell to a used car dealer, - or

    read more

  • 4 of 6

    by Sarah E. Sanuth

    Can't sell your car privately? Don't think that anyone would be willing to give you anything for it? Or maybe you even think

    read more

  • 5 of 6

    by G.E. Robbins

    First and foremost at most of the big name auctions you have to have a dealers license in order to buy and sell a vehicle

    read more

View All Articles on:
Why selling through car auctions is a good solution

Add your voice

Know something about Why selling through car auctions is a good solution?
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Are sports cars designed with only a man in mind?

Click for your side.

126621

Featured Partner

OMB Watch

OMB Watch exists to increase government transparency and accountability; to ensure sound, equitable regulatory and bu...more

What is Helium? | Buy Web Content | Contact Us | Privacy | User agreement | DMCA | User Tools | Help | Community | Helium’s Official Blog | Link to Helium

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA