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Online Auto Auctions

How do I Bid Online at Big Valley Auto Auction?

November 15th, 2022 | 12 min. read

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Unable to attend in-lane auto auctions? Perhaps you're planning on traveling or live far from the auction itself. Whichever your situation, you're here because you need vehicles on your lot and can’t always attend in person.

 

Big Valley Auto Auction has been offering online sales since 2012 to bridge the gap between online and inland sales. We understand that it's not always possible to attend auction sale day in person. On the days you know you won't be able to attend, consider buying online. You can restock your inventory from the comfort of your couch by utilizing our simulcast and run list. 

 

To get the most out of your online sales, we will walk you through the steps of how to buy online at Big Valley Auto Auction, and payments accepted. By the end of this article, you will know the steps to bid online so you can quickly and easily restock your dealership's inventory. We will discuss:

 

How Do Online Auto Auctions Work?

 

Online Auto Auctions give you, the Buyer, an in-lane experience from the comfort of your office or couch. 

 

Run Lists are available on the Big Valley Auto Auction website every Wednesday before the Thursday sale day. A Run List is a list of vehicles offered in the upcoming sale and their Condition Report so you can plan your purchases based on the quality of each vehicle. We recommend checking out the Run Lists on Wednesday to view an updated list of vehicles.

If you don't have time to view the run list beforehand, you can scroll through the lanes during the sale to view vehicle photos and information.

 

 

What are the requirements to attend an online auto auction?

 

To attend Big Valley Auto Auction’s online sales, you must be registered with BVAA and a licensed auto dealer.

 

You do not need to provide a downpayment or speak to anyone before attending an online sale. 

 

Beware of scams, and do not continue if you receive a request to provide prepayment to attend the online sale. It is important to attend the online sales through the Big Valley Auto Auction website for secure access.

 

 

What are the steps to bid at an online auto auction?

 

Step 1: Go to the Big Valley Auto Auction website and click the ‘Login’ button.

 

Go to the BVAA homepage and click 'Login'

 

 

Step 2: Log into your BVAA account or register for a BVAA account.

 

Login to your BVAA account or register for a BVAA account.

 

 

Step 3: You will then be on the Member Tools page. Click on the BVAA logo to go back to the homepage.

 

Option A. You will be redirected to the Member Tools page.

 

 

Step 4: On the home page, click the Inventory button to access the Run List page.

 

 

 

Step 5:  Option A. Click the ‘Attend Simulcast’ button when you're ready to start bidding.

 

Option A. Click the 'Attend Simulcast' button on the run list page.

 

 

Step 6: Read the policies listed and click the 'I Agree' button on the popup.

 

Read the policies listed and click the 'I Agree' button on the popup.

 

 

Step 7: Select the lanes of your choice on the Simulcast screen to view lanes.

 

 

 

Step 8: Input your bid by using the box in the top right corner of the Simulcast screen.

 

 

 

How Do I finalize Payments When Buying Online at Big Valley Auto Auction?

When the auction is over, and you’re ready to finalize purchases, you need to provide payment before ownership is transferred to you. If you bid on vehicles during an online auction, you must request your Buyer Report from the Big Valley Auto Auction.

 

The Buyer Report includes vehicles ready for purchase and any remaining “If” bids. When you receive your Buyer Report, you should review your purchases and provide payment for the vehicles or confirmation of payment before 5:00 pm on the auction sale day.

 

Exceptions to this rule are “If” bids that are undergoing negotiations. 

 

An “If” bid is when you place a bid on a vehicle and win, but the bid does not meet the Floor Price suggested by the Seller.

 

When there is an “If” bid, a vehicle is considered On-call. When you have an On-call vehicle, the sales team will begin the negotiation process by contacting the seller with the current bid. Negotiations must be resolved by 12:00 pm the day after the auction sale day.

 

Once negotiations are finalized, you must provide payment for vehicles or a confirmation of payment on the date of sale. If your negotiation ends before 12:00 pm on Friday, you have until Monday at 5:00 pm to provide payment.

 

Failure to provide payment by 5:00 pm on the date of sale will result in a $150.00 Late Fee for each vehicle missing a payment.

 

What Payments Are Accepted at Big Valley Auto Auction’s online sales?

 

To buy online at Big Valley Auto Auction, you need to provide one of the following:


  • Overnight Business Check
  • Wire transaction
  • A line of credit offered by a Flooring company.

 

Flooring Companies we work with include:

 

 

When does Big Valley Auto Auction process my payments?

 

  • Business checks are held until a valid transferable title is received and the Title Department has worked the vehicle title. When purchasing multiple vehicles, it is advised that you submit a check for each purchase. If you provide one check for multiple vehicles, the entire check amount will be deposited when the first title is received by the auction.


  • Wire Transactions will be received the same day, depending on your bank's cutoff period. Depending on your situation, we will accept transaction confirmations by email if the funds are not received on the same day.

 

  • Flooring Companies differ based on each company's policies. Some Flooring Companies pay for the vehicle at the time of purchase, while others wait until the title is received by the auction. 
    • Be sure to check with your Flooring Company to clarify policies.



When do I get my vehicle from an Online Auto Auction?

 

Vehicles will not be released until the auction has ended and you provide payment to Big Valley Auto Auction for the vehicles sold to you. When payment is received, you may receive a gate pass for each purchase. 

 

Big Valley Auto Auction does not deliver vehicles over state lines but can assist you with finding a third-party transportation option. 

 

Register to Sell at Big Valley Auto Auction

 

Are you ready to fill your dealership with an online sale day at Big Valley Auto Auction?

 

We walked you through the steps of how to bid online during an auto auction sale and accepted payments. Now that you know the requirements and steps to bid online, you can restock your inventory from anywhere with ease. If you’re still researching options, BVAA Buy and Sell Fees: A Pricing Guide will give you an insight into our pricing and help you plan your purchases.

For more information, please call us at (956)461-9000 or email us at registration@BigValleyaa.com

Check out our social media to learn about auction events and news! 

                                           

 

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