German car auctions: features

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

The popularity of online car sales transactions in Germany is growing every day. Both sellers and buyers show genuine interest in such auctions, and this is a huge merit of the initiators of the German auctions.

Auto auctions in Germany provide the seller with a fairly wide range of "potential buyers". Thanks to this, he can sell his own car for the maximum benefit for himself. The buyer does not remain in the "lodge" either, since he is given a huge selection of car options, and he can purchase the most suitable model for himself.

Unlike bidding in the US, where the bid-purchase-transport procedure is carried out online and the vehicle is delivered directly to the customer's home, German auto auctions do not yet provide for such an opportunity.

At the same time, the main difference between an online auction and an Internet resource for the sale of motor vehicles is the possibility of an increase in the cost of a car. Its happy owner is the one who couldoffer the highest price. On some Internet portals, you can negotiate with the seller to reduce the cost of the car. The main distinguishing feature of this trading option is that the one who sells can fix the minimum price threshold for the car, if someone offers lower, the transaction will not take place in principle.

It should also be noted that German auto auctions do not imply the provision of information on the minimum cost of a vehicle. You can find it out with the help of "trial and error". In other words, you should wait until the minimum price fixed at the German car auction is reached, which will confirm the corresponding message. After that, you can roughly calculate the maximum price for the car and name several intermediate options. If the minimum threshold is not reached, then declare your maximum. If even after such actions the lowest cost is not reached, then most likely you will no longer become the owner of this car.

Auto auctions in Germany compare favorably with the fact that there is a "fallback" option for purchasing a car in case the announced minimum price could not be reached. In this case, your offer to purchase a vehicle will be maximum. If none of the "potential" buyers is able to offer a greater value, then, according to the regulatory documentation for holding car auctions in Germany,the owner of the model you are interested in must make a deal with you at the minimum price or reduce it without fail. Often at German car auctions, the buyer and seller reach a "common denominator" in the auction.

For our compatriots, German car auctions in Russian have been specially created on the Internet. Such resources are quite practical and convenient, since the seller is exempted from paying for participation in the auction if the transaction did not take place, and the publication of information about the sale of a car takes a few minutes.

You must also remember that car auctions in Germany, which do not have a minimum car price condition, are organized exclusively for professional players.