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Benefits And Drawbacks Of Online Car Auction
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Most probably, you know about ordinary car auctions but do you have any idea that the same thing can happen on internet. You can bid a car sitting at your place and win it in an online car auction. The process is almost same as eBay bidding. You get an opportunity to pick from a wide range of car and bargain over the automotive you like. In online bidding, you don’t need to hurry thinking about limitation of availability or getting anxious for missing a purchase as the supply remain endless and you get several chances to bid smart and buy a car that is suitable for you.
Advantages of online UAE car auctions:
First and major benefit on online car auctions is its endless options to look for. On internet, you find unlimited options for vehicle auction along with cars with various makes, models and brands to bid for. In this way, you can buy a car from different side of country if you like without taking extra effort for that. You only need to pay a shipping charge for receiving the car at your place.
If you have decided to go for an online car auction instead of a live auction, it is highly recommended that you go for a government auction as vehicles here are mostly belong to the retired government employees, comes with a clear title along with official papers, and authorized service record. On other auctions most of the company offers you seized cars where you may get into a trouble during document transfer.
In an online UAE car auction, you are provided with detail information about the car and its present condition. There will be photos uploaded of every car from different angles so that you can have a full view of the vehicle and its parts before you go for bargaining on the car.
Online car auction is almost same as the live auction. It demands a refundable amount to be deposited before you start bidding and your every bid will be final in online auction here. Make sure you have read all the rules and regulations of this auction before you take part to avoid later complications.
Disadvantages of online car auction:
The focal problem of bidding for a car online is you won’t be able to inspect the automobile you buy by yourself. You don’t get an opportunity of having a test drive or checking the car with your eyes.
Another backdrop is in live auction you get your car handover to you the day you buy it along with the credentials. But in online auctions you have to wait for your car to get ship. Shipping procedure is an important considerable factor of such auctions. If you win a car in bidding, you need to arrange the shipping of your car, which involves extra charges. You also have to pay 5% commission on your max-bidding figure.
If you are serious about getting a car on auction, it will be better if you attend at least one or two live auction to understand the basics of auction and the procedure of bidding. Do some online research in various online forums and get a vivid idea before you went for serious bidding to win a car.
Khaled Aldhaheri is a renowned car reseller has taken part in numerous live and online UAE car auction. He is writing on online car auction now to inform and aware people about the same.
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