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

2013 Mazda 3 BL Hatch

AU $10,250.00
End Date: Wednesday Dec-27-2017 19:01:23 EST
Buy It Now for only: AU $10,250.00
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08 HYUNDAI GETZ HATCH-ONLY 92K'S-GREAT VALUE-ONLY $4,600 REG AND RWC

AU $4,600.00
End Date: Thursday Jan-4-2018 12:35:19 EST
Buy It Now for only: AU $4,600.00
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2016 HOLDEN CRUZE Z-SERIES II HATCH 9K 1.8L 6 SPD SPORTS AUTO LIGHT DAMAGED

AU $3,000.00 (19 Bids)
End Date: Thursday Dec-14-2017 22:00:26 EST
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2010 TOYOTA YARIS YR HATCH-MAN-100K'S-EXCELLENT CONDITION-ONLY $5,500 REG

AU $5,500.00
End Date: Thursday Dec-21-2017 1:09:46 EST
Buy It Now for only: AU $5,500.00
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Peugeot 207 GT Petrol 3 door hatch - with panoramic roof

AU $5,750.00
End Date: Wednesday Dec-20-2017 11:27:09 EST
Buy It Now for only: AU $5,750.00
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2008 Auto Hyundai Getz Hatch rego,rwc

AU $4,999.00
End Date: Wednesday Jan-3-2018 8:39:19 EST
Buy It Now for only: AU $4,999.00
Buy It Now | Add to watch list

Toyota Corolla Hatch 2011 model Manual 6speed with 11 months REGO

AU $8,450.00
End Date: Wednesday Dec-27-2017 9:19:32 EST
Buy It Now for only: AU $8,450.00
Buy It Now | Add to watch list

2011 Mazda 2 Manual Hatch - RWC

AU $6,500.00
End Date: Tuesday Jan-2-2018 10:54:44 EST
Buy It Now for only: AU $6,500.00
Buy It Now | Add to watch list

Mazda 323 Hatch 5 speed rego and rwc

AU $2,999.00
End Date: Friday Dec-22-2017 9:34:06 EST
Buy It Now for only: AU $2,999.00
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2010 LANCER ACTIV HATCH-AUTO-198K'S-GREAT VALUE--NOW ONLY $5,680 REG AND RWC

AU $5,680.00
End Date: Thursday Jan-4-2018 10:27:28 EST
Buy It Now for only: AU $5,680.00
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