Salvaged Car Auction Guide, How To Buy and Sell | Millionaire ...

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Salvage car auctions are an easy and viable way for sellers to exhibit and sell salvage cars in auction format on one of the many automotive salvaged car auctions sites on the Internet. Buyers can locate and examine information on vehicles they wish to purchase, and enter bids, where the highest bid wins out, within a certain auction timeframe. Sellers can list vehicle descriptions and conditions, and post photos. Buyers and sellers must register on the auction site, providing personal contact information.

Sellers

When a person desires to sell a vehicle in a salvaged car auction, he-she needs to enter the vehicle information in the required fields on the auction seller?s page. These will include an adequate description or the condition of the vehicle, along with a photo, mention of any guarantees or warranties,the vehicle location, terms of sale, minimum bid price (reserve),and arrangement for vehicle transport. Interested buyers in salvage car auctions will attempt to outbid each other for the purpose of purchasing the vehicle, and the highest bid will win out at the conclusion of the auction. Email notifications, via the salvaged car auctions site, to the seller, will allow him-her to monitor the progress of the bids. If the reserve or minimum bid has not been met the seller will be notified by e-mail at the conclusion of the auction. The seller is totally responsible for the sale and conditions of the purchase. Salvaged car auctions merely serve only as a database service to list vehicles and connect buyers with sellers.

Buyers

Upon entering the salvaged car auctions site, a buyer is required to register, supplying a user ID and password (the ID and password will allow the prospective buyer to browse the auction database and locate specific vehicles). When buyers use salvage cars auctions, they must enter their vehicle of interest in a field or box supplied on the buyer?s page, which will include make, model, year and location. The buyer will place competitive bids using an alias, and the alias is used exclusively for making bids, and changes for each bid placement. Salvaged car auctions might have many customers bidding on the same vehicle, so the buyer can be appraised of the latest high bid from a message sent to his e-mail box. The buyer should read the terms and conditions listed by the seller before hitting the bid button, since terms and conditions can change from seller to seller.

Anyone interested in salvaged car auctions, for the purpose of selling or buying salvaged vehicles, needs only computer and Internet access. It couldn?t be any easier than just a click away!

Source: http://blog-millionaire-articles.com/salvaged-car-auction-guide-how-to-buy-and-sell/

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