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:
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.
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.
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.
To buy online at Big Valley Auto Auction, you need to provide one of the following:
Flooring Companies we work with include:
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.
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
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