Internet auctions typically last seven days, and operate like eBay auctions. Each listing links to the auction house website where bids can be placed. From that site, bidders are asked to register in order to bid on a vehicle. Live auctions are public auctions held at a specific date and location and are usually published in newspapers in addition to the online listing at GovSales.
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CQout.com is an international auction and online marketplace community, which is active in 80 countries around the world. Launched in 1999, CQout is a long-established digital selling and buying portal. Sellers can place items in a huge range of categories. The site is committed to offering sellers a secure way to sell products. With no listing fees and competitive final value bid fees, CQout is a cheaper option than eBay. The auction site also has bulk uploading tools for easy listing and an automatic relisting option.
Marketing itself as an “online community”, AuctionZip has more than 25,000 professional auctioneers and more than two million bidders monthly, making it one of the biggest online auctions in the world. Ecommerce vendors can create a free auctioneer account, list auctions for $10 each, learn about how to run online auctions and reach more than two million bidders each month.
Do your research. Check Kelly Blue Book for the proper price for the vehicle, including its mileage and apparent condition. Always downgrade the condition by one ranking for government auctions. Also, do some smart used-car research, such as checking Consumer Reports for reliability and the frequencies of particular repairs, and checking our road test information if it's a recent model vehicle.