How To: Bargain Hunting at Online Car Auctions

Recently online car auctions have been gaining in popularity with both of the major Australian car auctioneers, who run regular in-house weekly auctions, now offering online bidding systems to the public. There are many others too. So, how to get a bargain set of wheels? Lets explore how.

Buying online has been very popular with Auto Dismantlers who can bid on cars at salvage auctions without having to leave their place of business. It’s also a bonus for public buyers who maybe can’t make the auction on the day, or maybe live a long way from the auction room. But of course it has the obvious downside, unless you’ve checked over the car you want on the inspection day, you can only gauge what your buying by looking at pictures that the auction centre has taken. Although both of the auction centers go to great length to provide a reasonable description of the vehicle and supply photos from various angles, it’s just not the same as being there. Always keep that fact in mind.

There are two types of sale, online auctions and simulcast auctions. In online auctions, it’s just that, all the bids are taken from online bidders. With simulcast auctions, you are bidding against people in the auction room in real time, as well as other online bidders.

During simulcast auctions, the auctioneer helped out by a few staff, will be taking bids from both the online system and from people on the floor. As well as seeing the vehicle and watching the auctioneer, people standing on the floor can watch the online bids coming in, and the current bidding price, via big display screen displaying a similar screen to what the online bidders will be watching. The in-room bidder has the advantage of real feel and touch.

You may need to pay a deposit prior to bidding, which can be deposited into the auctioneers bank account and once that payment has cleared your free to bid. Bank payments take time to clear, so, you’ll need to do that before auction day.

A word of caution about holding off bidding until the last minute before the drop of the hammer, sometimes there can be a little lag with the online system, and the auctioneer may drop the hammer before seeing your final bid.

More about Simulcast Car Auctions:
ManheimFowles Simulcast
Pickles Live

Online Car Auctions are a little different. You are bidding against online bidders only, and the auction will likely run over a few days have a defined start date/time and end date/time. That doesn’t mean you can’t inspect the vehicle prior to sale, usually, there will be open times for inspection prior to sale. Just like a real auction, the auction for each item/vehicle will end when bidding ends. Even if the designated sale end time is 3.00PM, the sale will keep being extended by a certain amount of time after each bid, usually about five minutes.

Where to find auctions?
Pickles and Manheim are the biggest, but not the only ones, check the local auction rooms in your State ACTNew South WalesQueenslandSouth AustraliaTasmaniaVictoriaWest Australia

eBay Motors – for private online auctions of cars, it’s the number one.

Current Private Online Auctions for Hatchbacks More online auctions

dawoo matise 4door hatch

AU $600.00 (0 Bids)
End Date: Friday Mar-2-2018 19:16:39 EST
Bid now | Add to watch list

Hyundai Gets 3 door hatch

AU $2,400.00
End Date: Friday Mar-16-2018 14:18:59 EST
Buy It Now for only: AU $2,400.00
Buy It Now | Add to watch list

Holden Cruze equippe Hatch

AU $11,990.00
End Date: Thursday Mar-1-2018 14:56:56 EST
Buy It Now for only: AU $11,990.00
Buy It Now | Add to watch list

2011 Suzuki Swift, Red, Manual, 5 door hatch

AU $8,500.00
End Date: Wednesday Mar-7-2018 8:08:51 EST
Buy It Now for only: AU $8,500.00
Buy It Now | Add to watch list

12 FOCUS HATCH-AUTO-LOW 107K'S-VERY NICE CAR-DRIVES AS NEW-$7,950 REG

AU $7,950.00
End Date: Saturday Mar-24-2018 13:05:16 EST
Buy It Now for only: AU $7,950.00
Buy It Now | Add to watch list

ford fiesta 2013 Automatic Hatch

AU $10,000.00 (0 Bids)
End Date: Monday Mar-5-2018 16:38:53 EST
Buy It Now for only: AU $10,500.00
Buy It Now | Bid now | Add to watch list

2013 MITSUBISHI MIRAGE ES HATCH-MAN-*LOW 17K'S*-DRIVES LIKE NEW-$7,999 REG

AU $7,999.00
End Date: Friday Mar-23-2018 13:09:05 EST
Buy It Now for only: AU $7,999.00
Buy It Now | Add to watch list

2009 Ford Mondeo Zetec Hatch

AU $6,999.00
End Date: Wednesday Mar-7-2018 9:50:35 EST
Buy It Now for only: AU $6,999.00
Buy It Now | Add to watch list

2012 Mini Cooper Hatch - Limited Edition Baker Street

AU $19,500.00
End Date: Wednesday Feb-28-2018 22:57:22 EST
Buy It Now for only: AU $19,500.00
Buy It Now | Add to watch list

2005 VW GOLF V HATCH-AUTO-ONLY 76KS-LIKE NEW CONDITION- $7,990 REG AND RWC

AU $7,990.00
End Date: Saturday Mar-17-2018 14:05:30 EST
Buy It Now for only: AU $7,990.00
Buy It Now | Add to watch list
Making Extra Money via Computer and IT Auctions
A Poor eBay listing could be Losing You Sales and Cash. Here’s How to Fix it