2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The times when foreign cars were considered a luxury item are long gone. And now, many motorists can afford to buy a European car, even a used one. And especially in this market segment, cars from Germany are valued. After all, everyone knows about the pedantry of the Germans, which extends to their cars. Therefore, you can buy from them, albeit an old, but solid foreign car at an affordable price. And you can do this through car auctions in Germany. Many motorists have already appreciated the advantages of these trading platforms. And the Germans themselves, in order to attract buyers and justify the durability and reliability of their cars, give them a guarantee for a year, and sometimes two.
Also, German car auctions, in addition to good prices for their cars, provide a fairly wide selection of lots with a full description of their characteristics. But buying a car at such an auction is different from buying it in a regular car dealership. Here, in some cases, the cost of the car can be hidden, that is, it can only be found outafter you place a bid. And the seller in this case sets the minimum price at which the car can be sold. And until it is reached, the lot will not go under the hammer. But if, nevertheless, at the end of the auction, the buyers did not offer the minimum price, then it goes to the one who made the highest bid. Here, usually the seller and the client agree among themselves, stopping at the "golden mean".
Some other car auctions in Germany work according to the scheme when the price of a car does not increase, but decreases. But most of them are classical, that is, the client who offers the maximum price for the lot wins. In addition, there are closed auctions where only experts with special documents can sell cars. And at such auctions, a low cost is not provided, and the price for the model is formed during the auction.
German car auctions are the most sought after in Europe. The largest number of transactions take place on them, and the choice of cars here is quite large. And an example of such an auction is the Autobid.de site, which has been a leader among such sites for many years both in Germany itself and in Europe. Here the buyer is offered three options for bidding. These are remote auctions online, live - live presence and netlive - a combination of the first two options. This auto auction in Germany sells over three thousand cars per week. Here, potential buyers are introduced to the exhibited lots a week beforestart of trading. At the same time, they receive inf
information about the technical characteristics of the vehicle and about 40 photos of it. The customer with the highest bid is the winner. The confirmation of the transaction is the email that the client receives.
And the oldest car auction in Germany is the Manheim site. This is a whole company that was organized 60 years ago. More than 34,000 employees work in its 20 offices around the world. And 145 auction sites of this company are located not only in Germany, but also in Belgium, Spain, Great Britain, New Zealand, Australia, Thailand and China. They sell not only cars, but also trucks, motorcycles and water transport. Every year, over 10 million pieces of equipment pass through this auction network. And the annual turnover of this company is 60 billion dollars.
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