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.
You should use Copart if you are looking for non-repairable, clean title, and salvage cars. This site offers cars, trucks, classic cars, motorcycles, industrial vehicles, and much 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.
The great thing about Copart is that they do not require minimum bids or reserves, which means you only have to bid what you feel comfortable with. Additionally, they have a mobile app that lets you place bids no matter where you are. A great feature you'll get is the ability to pre-bid, so you won't have to wait until the auction begins to place a bid; you can do it ahead of time.
To participate in Copart's auctions, you must have a dealer's license.
Check out ACV Auctions if you're looking for free online car auction sites. The company uses industry-leading vehicle condition reports, so you can get full transparency about the vehicles you're interested in.
Vehicle auctions at ACV Auctions are just 20 minutes long and give you access to thousands of car dealers. A disadvantage of online car auctions is that you cannot inspect the vehicle in person. ACV Auctions understands this caveat, which is why they developed the Audio Motor Profile (AMP). You can listen to high-def audio recordings of the engines of potential auction purchases with this feature.
ACV Auctions' registration is free and its buy fees are low. Additionally, their secure transaction platform will give you peace of mind.
Insurance Auto Auctions runs IAAI, an online car auction. The IAAI has been auctioning cars since 1982 and has a long and lucrative history.
It is another site that sells salvage vehicles and offers insurance auctions as well. They also offer total-loss, fleet lease, recovered-theft, and dealer trade-in vehicles.
In addition, if you do not have a dealer's license, you can still bid on IAAI. The annual fee is $200. You can only bid on auctions that are available to the public; therefore, you miss out on some premium vehicles that are only available to licensed dealers.
A dealer-only auction site, Auto Auction Mall allows people without dealer licenses to bid on vehicles. This online auction site has a wide selection of salvage cars, as well as used and pre-owned cars. There are over 200,000 live auctions going on at any given time.
While membership is free, you will need to pay $299 after winning a car. The fee is a nominal one for exclusive access to dealer-only vehicle auctions. One of the unique features of Auto Auction Mall is that they offer a variety of auto financing options for you to choose from. Their offers include no down payments and super-low interest rates, for example. Even pre-qualify for vehicle financing without affecting your credit score!
In case you need assistance during the bidding process, Auto Auction Mall offers a customer support team that'll help you out.
AutoBidMaster is a registered broker with Copart. Therefore, when you join AutoBidMaster, you'll have access to Copart's inventory as well! The registration process for this vehicle auction site is free, so you have nothing to lose.
AutoBidMaster, like many other online auction websites, offers repairable salvage vehicles as well as used cars at very affordable prices. Their inventory of over 162,000 cars is even available without a dealer's license.
Every day and every week, this company updates its stock, so whenever you log on, you are likely to see new vehicles. At times, they even stock motorcycles and quad bikes, so you never know what you'll find!
Read this related article: 20 Best Websites for Buying and Selling Used Cars
