Whether you're looking to sell your old car or looking for a new treasure of your dreams, auction sites are a great place to start your search. Sure, it's possible to score a deal on a car and find what you're looking for at private sellers and individual dealerships. Still, with an online auction site, you'll have access to actions from different regions, with thousands of new listings being added daily.
These auction sites have experienced an increase in the number of transactions in recent years. This is because many people prefer the convenience of purchasing items online instead of visiting physical stores. This article will look at seven online auction sites where you can get a good vehicle at a fair price.
Here are 7 excellent online car auction sites you can use in 2023:
eBay Motors is a great resource and place to begin your online car search. Browse through an extensive selection of vehicles, find your new dream car, or browse parts and accessories for your existing car. Cars and trucks listed on eBay Motors include both new and used vehicles.
eBay Motors is immediately available to registered users of the traditional eBay platform. Simply go to eBay Motors, find a vehicle of your choice, then bid accordingly. The rules for bidding on eBay Motors are the same as those for traditional eBay, and no auction fee is charged.
However, finding a "great deal" on eBay has become harder as more people have learned the bidding strategies and waiting until the very last second to win. This can result in a significant price increase.
Copart Auto Auctions, an international car auction house founded in 1982 and headquartered in Dallas, Texas, is one of the largest in the world. The company sells over 3 million vehicles annually and maintains a reputable website.
Over the past 35 years, Copart has been recognized by Forbes, the Confirmit ACE Award for exceptional customer service three years in a row, and Deloitte’s “The Exceptional 100 List of Top Performing U.S. Companies." The company has also been featured on the television show World’s Best as the “World’s Best Remarketing Company."
No minimum bids or reserves keep bidding competitive and fun. And with a mobile app, you can bid from anywhere. As an added convenience, you can place a bid before the auction begins.
Insurance Auto Auctions (IAAI) is an online auto auction with a long history of selling cars. IAAI combines live auctions and live internet bidding to sell drivable vehicles, lightly damaged vehicles, stolen recovered vehicles, parts vehicles, donated vehicles, and stolen vehicles to over 190 auction centers across the country.
For experienced purchasers of vehicles, Insurance Auto Auction Incorporated is the best online auction. The IAAI makes it easy to find a high-quality vehicle for both licensed dealers and non-licensed buyers.
Individuals who are not licensed can still bid on vehicles through IAAI’s broker services, but those individuals will be charged $200 a year for IAAI’s service. In addition, public auctions and public inventories are the only types of auctions where you can place a bid, so you might miss out on some high-end vehicles that are only available to dealers.
If you're looking for a one-stop shop with an impressive array of vehicle options, check out Auto Auction Mall. They have the largest database of salvage, pre-owned and used cars. Motorsport enthusiasts can find virtually any type of vehicle they desire in these online car auctions.
Auto Auction Mall makes it easy to bid on vehicles, even if you don't have a dealer license. Many of these auto auctions list vehicles at wholesale prices so that you can save thousands of dollars.
Auto Auction Mall requires a security deposit of 10% of the amount you wish to spend to avoid any issues with auctions. However, their membership is free, and registration is easy. After winning an auction, you’ll be required to pay Auto Auction Mall a $299 fee (which is deducted from your final purchase price).
Cars & Bids is the best place to buy and sell modern enthusiast cars online. It's super simple: just click one of the many categories, like the 1980s or 2009, and then browse through all the vehicles available. You can even save your favorites, so you don't forget about any dream cars.
Cars & Bids provides vehicle history reports for all vehicles listed, so sellers don't need to pay for their own. In addition, sellers are not charged to list, and buyer fees are just 4.5%, with a minimum of $225 and a maximum of $4,500 – far below other auction houses and enthusiast car auction websites.
The site's easy-to-use interface, advanced search tools, and streamlined auction process make it the most user-friendly marketplace for enthusiasts.
Another great site for dealers is ADESA. This online auction house hosts many in-person auctions, but there’s also an online platform worth using. You can bid on vehicles throughout the world. Plus, there are other services available to members, such as inspections, title help, and financing.
Because it sells vehicles from nationwide banks, auto dealers, fleet providers, and car rental companies, ADESA offers a wide range of options. In addition, the organization prides itself on having the most one-owner, low-mileage cars available for sale. For this reason, ADESA could be the best place to find high-quality used vehicles.
AutoBidMaster online auctions have a wide range of repairable cars, trucks, and SUVs available to the general public and businesses at affordable prices. It is a registered broker with Copart; when you join AutoBidMaster, you’ll also be able to access Copart’s inventory. The registration process is free and takes less than 30 seconds, so there's no risk involved in trying it out.
Many vehicles are available at their weekly auto auctions, including new cars, used cars, and motorcycles. Their friendly staff is here to help you through the entire car-buying process in English, Spanish, Russian, Arabic, and French.
The Bottom Line
The advent of the internet has revolutionized the car industry. As a result, people are going for online car auctions. So, here is a list of the 7 best online car auction sites in the world with their brief description.
Suppose you're an online bidder, meaning you generally bid on the Internet by using a remote control or over a computer interface rather than in-person at a live auction house. In that case, you already know the excitement of bidding on an auto and watching that fancy vehicle being towed away to your front door.