
Don’t let selling your car be more of a hassle than it needs to be. Conventional methods, such as Craigslist or leaving it parked somewhere with a for sale sign, can be a huge waste of time and sometimes even dangerous when it comes to online classifieds. At an auction, you can safely store your vehicle on location until it is time for it to run through the auction lane. Do not worry if it does not bring the amount you want the first time – sellers typically notify the auction of what their minimum amount they are willing to sell the car for.
Expect to have a “seller’s fee” deducted from the final bid amount that goes to the auction house. This fee varies greatly by auction location and should be factored in when considering which price you wish to sell your vehicle.
Most auctions will allow you to store the vehicle on their lot on non-auction days, but typically do not offer much assistance in the event of theft. For more valuable vehicles, you may wish to bring it to the auction the day of the sale and then take it home if it does not bring high enough bid.
Selling your car at a public auction is a great way to get the money you want for your vehicle without going through as much hassle as trying sell it yourself.