July 31, 2023
Firstly, US car auctions come in different types: open, closed, and online. They are held for both dealers and private individuals. Some well-known auctions, such as Copart, Manheim, and IAAI, offer a wide selection of vehicles, including damaged and undamaged, used and new.
Secondly, the procedure for participating in car auctions may vary. Typically, to participate in an auction, you need to register and get a participant number. Online auctions also require a bank guarantee or deposit. After that, you can start bidding. It is important to understand that auction prices can significantly increase due to competition, so you should be prepared for the fact that the price of the car may exceed your budget.
Finally, Avto Broker would like to address some concerns. It should be noted that buying a car from a US car auction is not always safe and profitable. Therefore, before participating in an auction, it is recommended to carefully study its conditions and rules, as well as check the history of the car.