Classifieds generate more leads than actual sales, because the real transaction doesn't always happen online. The seller posts his car in classifieds for the asked price and the leads contact the seller. 98% of these leads will not become buyers. You'll agree that it's time-consuming to answer 100 calls and to have only 2% chance of actually selling the car.
Why are people attracted to the auctions so much? Why do they choose to go to an auction instead of other car market places?
Experts claim that the auctions' authority increases not only due to more cars being sold but also to the fact that those cars are gone for higher prices. It's useful to keep in mind that there are a lot of different car auctions to choose from, so it's the high time to decide which one is right for yourself. Most auto auctions are run for dealers only, but some are open to the public.
Vehicles presented at public auto auctions are generally rentals, tow auctions, repossessions or government vehicles and those of ordinary owners. Most American banks and many federal agencies sell their vehicles at public auto auctions as well. The majority of sellers at these auctions are financial firms who seek to place the off lease automotives returned at the end of the lease period. Even police, FBI or DEA-confiscated cars are put for selling there. It is an ideal opportunity to get a good deal with a great profit, but when it comes to live auto auctions, most people feel troubled about the warehouse full of professional automobile traders.
Online car auctions are the most favorable solution that will make it easier for you, helping to get rid of the stressful atmosphere. Public Auto Auctions today are attended by more and more potential buyers, so there is an excellent perspective to sell your car with a great revenue!
It's considered by the majority of the researchers on the topic that Online Public Car Auctions are the most effective method of advertising to the public. A car auction can be a great method of selling your car, because it is searched daily by millions of online shoppers. There is an advantage of online auctions over classifieds, in regards to sales success. The potential buyer finds the car you are selling, places a bid or an offer on your vehicle, and if it matches your reserve price, or you accept the offer, then the car is sold.