5 Benefits Wholesale Buyers Enjoy With Online Auto Auctions Automotive dealers, vehicle spare parts resellers and large-scale mechanics buy used vehicles in bulk. These wholesale buyers from different parts of the world access live salvage auto auctions in Houston, Phoenix and other cities in the US for buying cars matching their requirements. Wholesale buyers tend to prefer reputable online auto auction websites because they have a large inventory of cars and offer great deals, benefits and concessions for bulk purchases. Listed below are some benefits wholesale buyers enjoy with online auto auctions.
1. Exclusive Payment Terms Wholesale buyers buying more than four cars at a time enjoy special payment terms with reputable online auto auctions including vehicle financing, price discounts, etc. Business buyers also get low prices for shipping as shipments are without intermediaries. Further, they enjoy discounted prices for spare parts bought with the car. Exclusive Payment Terms are a great boon for business buyers, encouraging them to buy several cars at once.
2. Cargo Insurance Cargo Insurance protects buyers' interest from any accidents during shipment. Salvage auto auction websites offer cargo insurance to wholesale buyers at multiple points in the shipment process, starting from the auto auction warehouse to the local port of arrival. Cargo insurance ensures buyers do not get the raw end of the bargain in case of container accidents, damage during loading/unloading and other contingencies.
3. Wholesale Financing Salvage automobile auctions offer wholesale buyers vehicle financing, enabling them to repay loans after purchase. These vehicle financing deals are done between auto auctions and business buyers. Wholesale buyers enjoy this exclusive service from online auction websites based on their transaction history and reputation.
4. Nationwide Auction Access & Documentation Assistance Wholesale buyers from any part of the world enjoy access to participate in auctions nationwide. It allows them to buy vehicles from any state in the US and even Canadian provinces without any restrictions. For instance, buyers can buy vehicles from auto auctions in Houston, Florida, New York or any other state. This access opens up tremendous purchase opportunities, giving business buyer’s access to several used cars up for sale. Reputable online auctions also offer documentation assistance to business buyers to export any vehicle. This exclusive service is a great boon for buyers who aren't aware of documentation and processes involved in different states of the US.
5. Unlimited VIN Checks Wholesale buyers enjoy the right to unlimited VIN checks and vehicle history reports. They also have access to exclusive auction data, helping them make informed decisions on salvage cars available for sale. Established online auction websites have several live auctions every day. Business buyers have access to the calendar of auctions, helping them plan for buying cars of their interest.
Wrap Up Buying cars in bulk is a win-win situation for wholesale buyers and auto auction websites. For this reason, several automotive dealers from around the world prefer buying salvage cars from auto auction websites. If you too are a business buyer interested in salvage cars, register on the best online auto auction site which provides access to all North American auctions, has the lowest commission at Copart auction fee and offers benefits like concierge services to make your purchase easy.