How do auto auctions in the USA work?

2024-06-21

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Buying cars that have already been used and transported from the USA is the most profitable deal. After all, you can save up to 50% on the same vehicle model. If compared with the prices of cars here in Ukraine.

Most vehicles are purchased in the US at auction. This is what makes it possible to choose and arrange a car for yourself at a symbolic, often even ridiculous price. Let's take a closer look at how they happen USA auto auctions and how to properly participate in them?

Peculiarities of car auctions in the USA

Most often, in the United States of America, used cars are sold through auctions. You can also watch them online. The main thing is to regularly monitor the replenishment of the catalog and observe current offers and promotions. You can do it yourself or with the help of specialists from companies that transport cars from the USA. Specialists work there, monitoring top auctions, selecting a vehicle for all your requirements and wishes.

On average, one car at the auction is sold in 2 minutes. And all participants can increase the bet step by approximately $100.

In addition, potential car buyers are often interested in what time auctions start. Despite the rather large time difference, the start of auctions for Ukrainians is held at a fairly convenient time. And it starts at approximately 17:00 Kyiv time. That is, you can watch the sale of used cars after work. Just note that the bidding takes place as quickly as possible. And one car can be sold in 30-40 seconds.

The most famous and really large auction where you can buy a used car in the USA is Copart. This is an absolutely reliable site where you can thoroughly familiarize yourself with the available vehicles: their characteristics and starting price. The auction allows participants to participate regardless of their location. Because it covers different countries of the world. Just keep in mind that quite often cars with serious defects are sold here:

  • after traffic accidents;
  • deformed due to dangerous natural phenomena, etc.

What are the advantages of finding a car at an auction?

Buying a used vehicle in Europe is more cost-effective than buying a similar car in Ukraine. However, if we are talking about buying a car at an auction in the USA, here you can save even more by paying, for example, $10,000 for a model that can cost $17-20,000 on the Ukrainian market.

Other benefits of searching for cars at a US auction include:

  1. 1all information about the car is true. In the US, it is quite strict, and before going to the auction, cars undergo a thorough inspection. So they won't have any hidden defects.
  2. 2A complete package of services. Cooperating with companies that help buy and deliver cars from the USA, you can not worry: whether the car will arrive on time, whether all the documents will be issued for it, in accordance with the current legislation. Specialists assume all obligations, including customs clearance.

And one more nuance - many buyers are interested in whether I can return the car to the auction after purchase? Please note that once the transaction has been completed, the vehicles cannot be returned. The only way to do this is by paying the appropriate (often quite large) fines.