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5 Best Online Car Auctions Sites and Famous Auto Auctions In USA To Buy A Car

When it comes to buying a car, online car auction sites have gained immense popularity in recent years. These platforms offer a convenient and accessible way to browse and purchase a wide range of vehicles, including used, salvage, and even rare collectible cars. If you’re looking for the best online car auction sites and famous auto auctions in the USA

Copart is one of the largest online auto auction platforms in the USA, specializing in salvage vehicles. With thousands of listings available, buyers can find a variety of makes, models, and conditions. Copart auctions are known for their competitive bidding process, providing opportunities to find great deals on salvage and repairable vehicles.

Manheim is a well-established name in the auto auction industry, offering both physical and online auctions. They have a vast inventory of vehicles, including those from rental companies, fleet owners, and dealerships. Manheim auctions feature a wide selection of cars, trucks, SUVs, and even motorcycles. Their online platform provides an easy-to-use interface and comprehensive vehicle information to assist buyers in making informed decisions.

While not a traditional auto auction site, CarGurus is a popular online marketplace for buying and selling vehicles. It allows dealerships and individual sellers to list their cars, providing a wide selection for buyers. CarGurus offers advanced search filters and detailed vehicle information, helping buyers find the right car based on their preferences and budget.

When participating in online car auctions, it’s important to thoroughly research the platform, understand the auction process, and carefully inspect the vehicles of interest. Take advantage of the available vehicle information, such as condition reports and photos, and consider utilizing services that provide vehicle history reports to gain insight into a car’s background.

 

Why Would a Car Go to Auction?

There are a variety of reasons why automobiles end up on the auction block. They include:

Being at a dealer’s lot for too long

Repossession due to insufficient payment from previous owners

Trade-ins for new vehicles

Damage caused by accidents and weather conditions (e.g., malfunctions, dents, scratches)

When people trade in their vehicles at dealerships for a new car purchase, the dealership may choose to send the traded-in car to an auction. This allows them to quickly liquidate the inventory and focus on selling newer vehicles.

What Types of Online Car Auctions Are There?

Online car auctions have gained popularity in recent years, providing a convenient platform for buying vehicles from the comfort of one’s own home. There are several types of online car auctions available to cater to different buyer preferences and vehicle categories.

Dealer auctions primarily target licensed car dealers and industry professionals, offering a wide range of vehicles such as trade-ins, off-lease vehicles, and fleet vehicles. Public auctions, on the other hand, welcome the general public and provide a diverse selection of vehicles sourced from various channels like trade-ins, repossessions, and fleet vehicles.

Salvage auctions specialize in selling vehicles that have been deemed total losses by insurance companies due to accidents or other incidents. These auctions allow buyers to purchase salvage vehicles for rebuilding, parts, or export purposes. Each type of online car auction offers unique opportunities for buyers, and thorough research and due diligence are recommended before participating in any auction.

These auctions are typically reserved for licensed car dealers and industry professionals. Dealer auctions offer a wide range of vehicles, including trade-ins, off-lease vehicles, fleet vehicles, and more. These auctions provide dealers with an opportunity to replenish their inventory or find specific vehicles for their customers. Participation in dealer auctions often requires proof of a valid dealer license or association with a registered dealership.

Public auctions are open to the general public and offer a diverse selection of vehicles. These auctions feature vehicles from various sources, such as trade-ins, repossessions, seized vehicles, fleet vehicles, and more. Public auctions attract a wide range of buyers, including individual consumers, resellers, and small businesses. These auctions provide an opportunity for buyers to find vehicles at competitive prices, often below market value.

What Happens at an Online Car Auction?

At an online car auction, the process typically begins with registration on the auction platform. Once registered, participants can browse the available inventory and select vehicles they are interested in. The auction platform provides detailed information about each vehicle, including make, model, year, condition, mileage, and any known issues. Buyers are encouraged to review this information carefully and may also have access to vehicle history reports.

When the auction begins, a specific bidding timeframe is established for each vehicle. Bidders can place their bids by entering the maximum amount they are willing to pay for the vehicle. The auction platform then facilitates the bidding process, automatically increasing the bids in predetermined increments until the maximum bid is reached.

During the auction, participants can monitor the bidding activity in real-time, allowing them to adjust their bids if desired. Auctions may have different bidding formats, such as open bidding or proxy bidding, where the platform will automatically increase the bid on behalf of the buyer up to their maximum bid.

Once the auction ends for a particular vehicle, the highest bidder wins the auction. The buyer is then notified and provided with instructions on completing the purchase, including payment and necessary documentation. Payment methods can vary, but commonly accepted options include bank transfers, cashier’s checks, or online payment platforms.

After the purchase is finalized, arrangements are made for vehicle delivery or pickup. Depending on the auction and the buyer’s location, the vehicle may be shipped directly to the buyer’s address or made available for pickup at a designated location. It is important for buyers to understand any additional costs associated with delivery or transportation.

The Top 5 Best Car Auction Sites

When it comes to finding the best car auction sites, several platforms stand out for their wide selection, user-friendly interfaces, and reliable auction processes

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Perhaps you’re in the market to make a mass purchase and ship multiple cars to your auto dealership. Or maybe you want to buy a vehicle or two for your household. You might also simply be looking for cheap car auctions to find popular makes and models at vastly reduced prices.

Either way, you should only concern yourself with the best online auction sites to ensure the best auction prices and the highest quality services. The following five websites are the best of the best car auction sites in the world right now.

1. COPART

Copart is one of the largest online car auction sites, specializing in salvage vehicles. With an extensive inventory and auctions held in multiple locations, Copart offers a wide range of makes, models, and conditions.

Their user-friendly website, comprehensive vehicle information, and transparent bidding process make it a popular choice for both individual buyers and industry professionals.

1982

Founded in

11

Countries

135k

Cars in inventory

0

Minimum bid

2. ACV AUCTIONS

ACV Auctions is an innovative and rapidly growing online platform that specializes in wholesale automotive auctions. It is designed to provide a convenient and efficient way for dealerships to buy and sell used vehicles. ACV Auctions leverages advanced technology and a user-friendly interface to streamline the auction process, offering transparency, trust, and ease of use to its users.

One of the key features that sets ACV Auctions apart is its focus on providing comprehensive vehicle inspections. Every vehicle listed on the platform undergoes a detailed inspection conducted by a qualified inspector. The inspection report includes high-resolution photos, condition descriptions, and a detailed evaluation of the vehicle’s mechanical and cosmetic aspects. This level of transparency helps buyers make informed decisions and minimizes surprises upon vehicle delivery.

ACV Auctions also offers a unique bidding process. Auctions typically last just a few minutes, creating a sense of urgency and ensuring a quick turnaround time. Bidding is conducted in real-time, allowing dealers to actively participate and monitor the progress of the auction. This fast-paced bidding environment fosters competitive pricing and allows dealerships to secure vehicles at fair market values.

The platform is known for its commitment to customer support, providing assistance to buyers and sellers throughout the auction process. Whether it’s answering questions, addressing concerns, or providing guidance, ACV Auctions aims to deliver a high level of customer satisfaction.

1000

Dealers

20m

Auction’s long

10 days

Arbitration Protection

3. IAAI

IAAI, which stands for Insurance Auto Auctions, is a renowned online platform that specializes in selling salvage and total-loss vehicles. With a vast network of auctions across North America, IAAI has established itself as a leader in the salvage vehicle industry.

One of the primary focuses of IAAI is to provide a comprehensive marketplace for buyers and sellers of damaged vehicles. The platform offers a wide range of salvage vehicles, including those damaged by accidents, natural disasters, theft recoveries, and more. Buyers can browse through an extensive inventory of vehicles and access detailed information such as VIN numbers, condition reports, and high-quality photos to aid in their decision-making process.

IAAI’s bidding system is user-friendly and transparent, enabling registered members to participate in auctions either in real-time or through pre-bidding options. The auction process is efficient and provides a fair opportunity for buyers to acquire salvage vehicles at competitive prices. Additionally, IAAI offers several convenient bidding options, including on-site bidding at physical auction locations and online bidding through their website or mobile app.

To ensure transparency and buyer confidence, IAAI conducts thorough inspections on each vehicle listed for auction. Qualified inspectors assess the condition of the vehicles and provide detailed reports, including information on damages, mechanical issues, and other relevant details. This comprehensive evaluation helps buyers make informed decisions and assess the potential repair costs associated with each vehicle.

1982

Founded in

$200

Annual fee

190

Branches in online auction

4. AUTO AUCTION MALL

Auto Auction Mall is a comprehensive online platform that aggregates inventory from various auction sites, providing a convenient and efficient way for buyers to access a wide range of vehicles. It simplifies the car auction process by offering a one-stop-shop for browsing, bidding, and purchasing vehicles from multiple auction sources.

One of the key advantages of Auto Auction Mall is its extensive inventory. The platform brings together vehicles from various auction sites, including dealer auctions, government auctions, salvage auctions, and more. This vast selection allows buyers to find vehicles that suit their specific needs and preferences, whether they are looking for used cars, salvage vehicles, or even luxury and exotic models.

The user-friendly interface of Auto Auction Mall makes it easy for buyers to search and filter through the available inventory. Advanced search options enable users to narrow down their choices based on factors such as make, model, year, mileage, and location. This saves time and helps buyers find the vehicles that best match their requirements.

Auto Auction Mall provides detailed information for each vehicle listing, including comprehensive descriptions, condition reports, and high-quality photos. This allows buyers to assess the condition of the vehicles before placing bids, aiding in making informed decisions. Additionally, the platform often provides access to vehicle history reports, giving buyers valuable insights into the vehicle’s past.

When it comes to bidding, Auto Auction Mall offers a convenient and secure process. Buyers can place bids directly on the platform, and the system will automatically increase the bid incrementally until the buyer’s maximum bid is reached. This ensures a fair and competitive bidding environment.

200K

Live Auctions

$299

Winning car fee

$0

Membership

5. AUTOBIDMASTER

AutoBidMaster is a reputable online auction platform that specializes in salvage vehicle auctions. With a strong presence in the automotive industry, AutoBidMaster offers a wide selection of salvage vehicles from various sources, including insurance companies, dealerships, and fleet owners.

One of the key strengths of AutoBidMaster is its extensive inventory of salvage vehicles. Buyers can browse through a diverse range of options, including cars, trucks, motorcycles, boats, and even heavy machinery. The platform provides detailed information about each vehicle, including its condition, mileage, and any known damages. This allows buyers to make informed decisions based on their specific needs and budget.

AutoBidMaster’s bidding process is straightforward and transparent. Registered members can participate in auctions by placing bids on their desired vehicles. The platform employs an automatic bidding system that incrementally increases bids on behalf of the buyers until their maximum bid is reached. This ensures fair competition and allows buyers to stay engaged in the auction process.

To support buyers in their decision-making, AutoBidMaster provides comprehensive vehicle information. Each listing includes high-quality photos, vehicle identification numbers (VINs), and detailed descriptions. Buyers can also access vehicle history reports, allowing them to assess the vehicle’s background and make an informed purchasing decision.

AutoBidMaster offers convenient services for buyers. The platform assists with arranging transportation of purchased vehicles to the buyer’s desired location. They also provide guidance on completing the necessary paperwork and facilitate communication between the buyer and seller to ensure a smooth transaction.

162k

Available Cars

$

Affordable price

Daily

Stock refreshing

A Few Tips For Online Car Buying

Do thorough research: Before making any purchase, gather as much information as possible about the car you’re interested in. Check its specifications, reviews, and ratings to ensure it meets your needs and expectations.

Verify the seller’s reputation: Whether you’re buying from a dealership or an individual seller, research their reputation and credibility. Look for reviews and ratings from previous customers to get an idea of their trustworthiness.

Request a vehicle history report: Ask the seller for a vehicle history report, which provides crucial information about the car’s past, including accidents, repairs, and ownership history. This report can help you make an informed decision and avoid potential issues down the line.


Request a vehicle history report: Ask the seller for a vehicle history report, which provides crucial information about the car’s past, including accidents, repairs, and ownership history. This report can help you make an informed decision and avoid potential issues down the line.

Don’t hesitate to ask the seller questions about the car. Inquire about its maintenance history, any known issues, and reasons for selling. Clarifying these details can give you a better understanding of the vehicle’s overall condition and its suitability for your needs.

Determine your budget before starting your search and make sure to stick to it. Consider additional expenses such as taxes, registration fees, and transportation costs when calculating your total budget.

If possible, have a trusted mechanic or inspection service evaluate the vehicle’s condition before finalizing the purchase. This step can provide valuable insights and help identify any potential hidden issues.

The 5 Most Famous Car Auctions in the USA

These famous car auctions offer more than just a platform to buy and sell vehicles. They provide an opportunity for enthusiasts to immerse themselves in the world of automotive history, witness rare and iconic cars up close, and engage in exhilarating bidding wars. Whether you’re a collector, a spectator, or a passionate car enthusiast, these auctions offer an unforgettable experience that celebrates the art, craftsmanship, and thrill of the automotive industry.

Classic Cars Auctions USA:

RM Sotheby’s

Classic Cars Auctions USA:

Worldwide Auctioneers

Classic Cars Auctions USA:

Bonhams

Biggest Car Auctions in USA:

Gooding & Company

Biggest Car Auctions in USA:

Barrett-Jackson

Did you know that more than nine million cars get sold at an auction each year? Or that auctions can vary greatly when it comes to the number of employees, size of the auction, acreage, and services offered? Famous car auctions, collector car auctions, normal car auctions — all auctions are different based on the type of cars available and the type of clientele who frequent them.

If you’ve always dreamed of collecting cars or attending famous car auctions, you’re not alone. It’s a rewarding hobby that brings plenty of pleasure to its participants.

And when you participate in automobile auctions that have achieved legendary status, you’ll get a healthy dose of both gratification and competition. With that being said, here’s a rundown of the top five biggest (and most famous) car auctions in the US.

1. Classic Cars Auctions USA: RM Sotheby’s

RM Sotheby’s is one of the most esteemed auction houses specializing in classic car auctions in the United States. With a rich history and a global reputation, RM Sotheby’s attracts collectors, enthusiasts, and automotive connoisseurs from around the world.

RM Sotheby’s is known for its exceptional catalog of vintage and classic automobiles, offering a wide range of meticulously curated vehicles that represent automotive history and heritage. Their auctions feature iconic cars from different eras, including pre-war classics, mid-century luxury vehicles, sports cars, and exotic automobiles. Each vehicle undergoes a thorough inspection and evaluation process to ensure its authenticity, quality, and condition.

The auction events hosted by RM Sotheby’s are renowned for their elegance and sophistication. They take place at prestigious venues, including renowned resorts, historical landmarks, and exclusive automotive events. The ambiance is refined, providing a fitting backdrop for the exceptional cars on display.

In addition to their physical auctions, RM Sotheby’s also offers online auctions, providing a convenient platform for collectors and enthusiasts to browse and bid on classic cars from the comfort of their own homes. These online auctions feature a curated selection of vehicles, accompanied by detailed descriptions and high-quality imagery.

RM Sotheby’s stands out not only for its exceptional vehicles but also for its knowledgeable staff and dedicated client services. Their team of experts is available to assist clients throughout the entire auction process, from registration to post-auction logistics. They provide guidance, answer questions, and ensure a seamless experience for both buyers and sellers.

2. Classic Cars Auctions USA: Worldwide Auctioneers

Worldwide Auctioneers is a well-established auction house specializing in classic and vintage car auctions in the United States. With a global reach and a passion for automotive history, Worldwide Auctioneers has gained recognition for its curated selection of unique and collectible automobiles.

One of the standout features of Worldwide Auctioneers is its commitment to offering a diverse range of classic cars. Their auctions encompass a wide variety of marques, eras, and styles, catering to the varied tastes of collectors and enthusiasts. From elegant pre-war classics to iconic American muscle cars and European sports cars, Worldwide Auctioneers presents a captivating assortment of vehicles that span automotive history.

The auction events organized by Worldwide Auctioneers are known for their intimate and immersive atmosphere. They create an environment where enthusiasts can connect with the cars on a personal level and engage in passionate bidding wars. The auctions are often held at prestigious locations, providing a fitting backdrop for the exceptional vehicles on display.

Worldwide Auctioneers places a strong emphasis on presenting well-documented and thoroughly inspected automobiles. Their team of experts carefully evaluates each vehicle’s condition, history, and provenance to ensure transparency and authenticity. Comprehensive descriptions, high-quality photographs, and detailed reports are provided to bidders, enabling them to make informed decisions.

Bidders have various options to participate in Worldwide Auctioneers’ auctions, including in-person bidding, telephone bidding, and online bidding platforms. The auction process is conducted professionally, with experienced auctioneers guiding the proceedings and facilitating fair competition among bidders.

3. Classic Cars Auctions USA: Bonhams

Bonhams is a renowned auction house specializing in classic car auctions in the United States. With a global presence and a rich heritage dating back over 225 years, Bonhams has established itself as a prestigious platform for collectors and enthusiasts seeking exceptional vintage automobiles.

One of the notable aspects of Bonhams’ classic car auctions is the remarkable selection of vehicles on offer. Their auctions feature a wide range of classic cars, including rare and iconic models from different eras and regions. From elegant European sports cars to American muscle cars and vintage classics, Bonhams curates an impressive collection that appeals to a diverse range of automotive enthusiasts.

The auction events organized by Bonhams are known for their sophistication and attention to detail. Held at prestigious venues, these auctions provide an elegant backdrop for showcasing the exquisite automobiles. The ambiance is complemented by the knowledgeable and experienced staff who guide bidders through the process and ensure a seamless experience.

Bonhams places great importance on the authenticity and condition of the vehicles presented in their auctions. Each car undergoes a thorough vetting process, with experts meticulously assessing its history, provenance, and overall quality. This commitment to integrity and transparency gives buyers confidence in their purchasing decisions.

Bidders have various options to participate in Bonhams’ classic car auctions. They can bid in person, via telephone, or through online bidding platforms, offering flexibility for enthusiasts from around the world to take part in the auctions. The bidding process is conducted professionally, with trained auctioneers leading the proceedings and facilitating fair competition among participants.

4. Biggest Car Auctions in USA: Gooding & Company

Gooding & Company is widely recognized as one of the biggest and most prestigious car auction companies in the United States. With a focus on high-end collector cars and a commitment to excellence, Gooding & Company has earned a stellar reputation in the automotive auction industry.

One of the key distinguishing factors of Gooding & Company is the exceptional quality of cars they offer at their auctions. They specialize in presenting a curated selection of rare and significant automobiles, including vintage classics, iconic sports cars, and historically significant vehicles. The emphasis is on showcasing vehicles of the highest caliber, often with impeccable provenance and exceptional craftsmanship.

Gooding & Company’s auction events are known for their elegance and sophistication. They are frequently held at prestigious locations, such as Pebble Beach, Amelia Island, and Scottsdale, attracting a discerning audience of collectors, enthusiasts, and automotive connoisseurs. The auctions provide a luxurious atmosphere that enhances the experience of viewing and bidding on these exceptional automobiles.

The company prides itself on meticulous research and authentication processes. Each vehicle undergoes a rigorous evaluation to ensure its authenticity, condition, and historical significance. Comprehensive documentation and detailed descriptions accompany the cars, providing bidders with the necessary information to make informed decisions.

Gooding & Company’s auctions are renowned for achieving record-breaking prices and setting new benchmarks in the collector car market. Their high-profile events attract global attention and participation from both buyers and sellers worldwide. The auctions are conducted with professionalism and transparency, ensuring fair and competitive bidding among enthusiasts vying for these coveted automotive treasures.

5. Biggest Car Auctions in the USA: Barrett-Jackson

Barrett-Jackson is widely regarded as one of the biggest and most renowned car auction companies in the United States. With a legacy spanning several decades, Barrett-Jackson has become synonymous with high-profile events, exceptional vehicles, and record-breaking sales.

One of the notable aspects of Barrett-Jackson auctions is their vast scale. These events attract a wide range of vehicles, including classic cars, muscle cars, exotics, hot rods, and custom builds. The sheer diversity and volume of cars on offer make Barrett-Jackson auctions a must-attend destination for collectors, enthusiasts, and automotive aficionados from around the world.

Barrett-Jackson is known for its electrifying atmosphere, combining the excitement of live auctions with an engaging entertainment experience. The auctions are held at prestigious venues, such as Scottsdale, Arizona, and Las Vegas, Nevada, and are broadcasted globally, attracting a massive audience both in-person and through live television coverage.

One of the defining features of Barrett-Jackson auctions is the inclusion of celebrity-owned vehicles and cars with unique provenance. These special offerings add an extra element of intrigue and desirability, drawing attention from collectors who appreciate the association with notable personalities or historic significance.

What Is the Highest Auction Price for a Car?

The highest auction price ever recorded for a car stands at an astonishing $48.4 million. This momentous achievement occurred in 2018 during a private sale at the RM Sotheby’s auction in Monterey, California. The car that commanded this exceptional price was none other than a 1962 Ferrari 250 GTO, solidifying its status as one of the most coveted and valuable automobiles in the world.

The Ferrari 250 GTO holds an esteemed position in automotive history, revered for its unrivaled combination of beauty, performance, and racing success. With only 36 units ever produced, each uniquely handcrafted, the 250 GTO is the epitome of exclusivity and rarity. This particular car, chassis number 3413, holds additional significance as it was the third model ever created in the 250 GTO series.

Beyond its scarcity, the 1962 Ferrari 250 GTO carries a storied racing pedigree. It competed in various prestigious events during the 1960s, including the Tour de France Automobile and the 24 Hours of Le Mans. This rich racing heritage, combined with its meticulously preserved condition and originality, further contributed to its astronomical auction price.

The record-breaking sale of the 250 GTO demonstrates the immense appeal and value that collectors and enthusiasts place on automotive treasures with such remarkable provenance and historical significance. It signifies the pinnacle of automotive craftsmanship, engineering, and timeless design.

It’s worth noting that while the $48.4 million sale of the 1962 Ferrari 250 GTO stands as the highest auction price for a car to date, there have been other notable and exceptional sales in the automotive world. Several other vintage Ferraris, including the 1957 Ferrari 335 Sport Scaglietti and the 1963 Ferrari 250 GT California Spider, have achieved auction prices well into the tens of millions.

The record-breaking auction prices for these iconic cars highlight the passion and enthusiasm of collectors who recognize and appreciate their extraordinary value. They serve as a testament to the enduring allure of classic automobiles and their ability to transcend time, captivating automotive enthusiasts and investors alike.

Famous Car Auctions and Internet Car Auction Sites

Whether you choose to hang out at one of the more famous car auctions in the USA or go the online auto auction route, you’ve got plenty of car-buying options. Over the past few years, the car auction market has boomed both in-person and on the web. Whether you want to take a trip to one of the world’s most trusted auctions or bid on an automobile in your pajamas, you can join the auction fray in a matter of minutes.

Barrett-Jackson: Known for its high-profile auctions, Barrett-Jackson offers a wide range of collector cars, muscle cars, exotics, and one-of-a-kind vehicles. Their auctions are renowned for their electrifying atmosphere and record-breaking sales.

RM Sotheby’s: With a rich heritage and global presence, RM Sotheby’s specializes in prestigious collector car auctions. They curate a selection of rare and exceptional automobiles, attracting discerning collectors and enthusiasts from around the world.

Gooding & Company: Recognized for its commitment to excellence, Gooding & Company hosts top-tier collector car auctions. Their events feature high-quality vehicles, often achieving remarkable prices and setting new benchmarks in the market.

Mecum Auctions: Renowned for its large-scale auctions, Mecum Auctions offers a diverse range of classic cars, muscle cars, and vintage vehicles. Their auctions are known for their extensive selection and enthusiastic bidding atmosphere.

This online platform specializes in enthusiast-owned cars, offering a curated selection of unique and vintage vehicles. It provides a user-friendly bidding experience and a vibrant community of car enthusiasts.

As one of the largest online marketplaces, eBay Motors features a wide range of new and used vehicles. Buyers can participate in auctions or use the “Buy It Now” option to purchase cars directly.

While primarily a car shopping website, CarGurus also offers online auctions for used cars. Buyers can bid on vehicles listed by dealerships and private sellers, expanding their options for finding a suitable car at a competitive price.

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When you buy a car from a formal online car auction, they can go for anywhere between $3,000 to over $10,000. Of course, the junkers will be priced on the lower end, but you can still pick up some pretty decent vehicles from auctions.

And if you’re looking to try your hand at bidding for famous cars and one-of-a-kind automobiles, you might be able to get a steal of a deal from certain online vehicle auctions

Because of this, you might be considering buying cars at auction rather than purchasing directly from a seller or dealership. Whether you’re buying cars for personal use or to stock up your used car dealership, car auction websites are often a smart bet for saving on the makes and models you know and love.

Are you interested in learning more about online vehicle auctions and car auctions in general? This all-encompassing primer on automobile auctions is here to help. We’ll dive into the 5 Best Car Auction Websites out there, take you on a trip to the 5 Most Famous Auto Auctions In The Entire United States, and provide you plenty of tips and tricks for you to employ on your way to a winning auction bid.

Whether you’re looking for a salvage auto auction, cheap car auctions with a variety of different vehicles to choose from, or another online public auto auction USA with priceless vehicles on the block, we’ve got you covered.

Let’s start, though, by taking a big-picture look at the reasons why cars are auctioned in the first place.

Why Would a Car Go to Auction?

There are a variety of reasons why automobiles end up on the auction block. They include:

Being at a dealer’s lot for too long

Repossession due to insufficient payment from previous owners

Trade-ins for new vehicles

Damage caused by accidents and weather conditions (e.g., malfunctions, dents, scratches)

In the last case, remember that cars damaged by weather and accidents can only get sold at specialized auctions. Some of these auctions facilitate online car bidding, while others are in-person affairs. Bookmark our complete guide to buying cars at online auctions for more information about cheap car auctions that sell these types of vehicles.

What Types of Online Car Auctions Are There?

You might think that all online car auctions are the same, but that’s not true! There are several types of online car auctions for public and private audiences for you to choose from.

Salvage car auctions feature vehicles that are badly damaged that insurance companies deem as a “total loss.” When you purchase a car from a salvage auto auction, you can score your dream car at a reduced price that would be unthinkable elsewhere. However, you’re taking a chance when buying a car at a salvage auto auction — so make sure that you do your due diligence and buy a car that’s worth the fix-up price!

Auto dealerships also rely on auctions to clear out excess inventory, sending out overstock cars to auctions for quick money. As a result, you can get fantastic deals on brand new vehicles at a dealership car auction USA that stocks these types of automobiles. You can easily benefit from dealership auctions, whether you’re purchasing for yourself or to stock your own dealership. Repo car auctions sell cars that are repossessed by the bank. Many of these repossessed vehicles are in excellent condition, making them ideal inventory to consider when you’re purchasing for a used car dealership.

In addition, rental car auctions allow rental car companies to sell their vehicles to auctions when they’ve reached a certain mileage limit. Because these cars are often very well maintained, these can also be great steals for personal or professional use.

And if you’re looking for car auction websites that highlight famous cars, priceless antiques, and other vehicular oddities, there are car bidding websites out there waiting for you to register!

As you can see, you have plenty of choices when buying cars at auction. However, you still need to have a basic understanding of the

What Happens at an Online Car Auction?

Using an online car auction is very similar to going to an in-person auction. However, the process is much easier since you don’t have to go anywhere and can search vehicles from the comfort of your own home or office.

When you log onto an online car auction site, you’ll see a menu and search bar. You can use either one to enter the specifics of the vehicles you’re looking for. For example, if you want a 2000 Honda Accord, just type it into the search bar, hit “enter,” and it’ll generate all the relevant online auction search results for you.

If you don’t know exactly what you want to buy, that’s okay too. You can just click on the menu to go to the general car listings page. On this page, you’ll find categories such as Classics, Hot Items, Hybrids, and more. You can tailor your car bidding to fit your particular wants and needs.

Once you find a car you’re interested in, you can view the current bid on it and determine whether or not you want to pursue a bid of your own. You can then put in your maximum bid and the car auction website will automatically bid for you. This means that you don’t have to sit around and wait for an auto auction to run its course. At the end of the auction, you’ll be notified if you’ve won or not.

If you make the winning auction bid, then you’ll need to pay for your purchase. To avoid fraud, many online auctions use escrow services. This third party holds your money and then releases it to the seller once you’ve received the vehicle.

Now that you have a solid understanding of how online vehicle auctions work, let’s travel around the web together and take a look at the Top 5 Car Auction Sites going strong today.

The Top 5 Best Car Auction Sites

Now that you know the basic details of car shipping, the next thing you need to find out is how the auto transport process works. Here is the general idea of what you’ll have to do when you choose Planet Auto Transport as your military car shipping company.

Best inventory of Cars, Trucks & SUVs

Unmatched online car auctions for dealers

Start Buying with
IAA

Buy with Confidence and Trust

Find Your Next Auction Car from USA

Perhaps you’re in the market to make a mass purchase and ship multiple cars to your auto dealership. Or maybe you want to buy a vehicle or two for your household. You might also simply be looking for cheap car auctions to find popular makes and models at vastly reduced prices.

Either way, you should only concern yourself with the best online auction sites to ensure the best auction prices and the highest quality services. The following five websites are the best of the best car auction sites in the world right now.

1. COPART

If you’re looking for non-repairable, clean title, and salvage cars, then Copart is the online auction site you should use. Vehicles offered on this site include cars, trucks, classic cars, motorcycles, industrial vehicles, and even more.

Copart was first founded in 1982 and sells over 2 million vehicles a year. If you’re looking for a reputable auto auction site that will deliver exactly what it promises, it’s the way to go.

1982

Founded in

11

Countries

135k

Cars in inventory

0

Minimum bid

2. ACV AUCTIONS

For those searching for free online car auction sites, you’ll want to check out ACV Auctions. This company uses industry-leading vehicle condition reports, which means you’ll get full transparency about the cars you’re looking at.

The vehicle auctions at ACV Auctions are just 20 minutes long and give you access to thousands of car dealers.

We mentioned before that a disadvantage of online car auctions is that you can’t inspect the vehicle in person. ACV Auctions understands this caveat, which is why they’ve developed the Audio Motor Profile (AMP). With this feature, you can listen to high-def audio recordings of the cars’ engines for an unparalleled inside look at your potential auction purchase.

In addition, they have Virtual Lift, which gives you high-def pictures of car undercarriages. Combined with AMP, you’ll have full confidence that you won’t get any surprises when you receive your vehicle.

What’s great about ACV Auctions’ app is that it provides a seamless car title transfer process. In addition, they offer extended buyer assurance with 10-day arbitration protection free of charge. If you want 20 or 30 days of protection, you can pay a little extra for that.

Sign-up is free for ACV Auctions and buy fees are low as well. You’ll also have peace of mind knowing that they feature a secure transaction platform too.

1000

Dealers

20m

Auction’s long

10 days

Arbitration Protection

3. IAAI

IAAI is an online car auction run by Insurance Auto Auctions. Founded in 1982, IAAI has an extensive and lucrative history of auctioning cars.

This is another site that sells salvage vehicles and as the name suggests, they feature insurance auctions too. Other cars they offer include total-loss, fleet lease, recovered-theft, and dealer trade-in vehicles.

When you use this auction site, you have several options available. They are:

IAA Online (online auction with over 190 branches and live auctioneers)

IAA Timed Auctions (individual auctions for vehicles)

IAA Buy Now (purchase a vehicle immediately)

IAA Online Exclusive (series of auctions on specific types of cars, such as RVs)

IAA Screen Sale (bid on a screen at an IAA branch)

A plus of getting your vehicles through IAAI is they offer many payment options, which makes the entire car purchasing process easier for you.

Another selling point is that if you don’t have a dealer’s license, you can still bid on IAAI. To do so, you just have to pay an annual fee of $200. One drawback of this is that you can only bid on the auctions that are available to the public, which means you can miss out on some premium vehicles that are only available to licensed dealers.

1982

Founded in

$200

Annual fee

190

Branches in online auction

4. AUTO AUCTION MALL

Auto Auction Mall is a dealer-only auction site that allows people without dealer’s licenses to bid on vehicles. It’s a complete treasure trove; this online auction site has a large selection of salvage vehicles, as well as used and pre-owned cars. At any given time, they have over 200,000 live auctions going on.

This company lists its auto auctions at wholesale prices, which means you can save a significant amount of money when you bid here. You do have to make a security deposit of 10%, though.

Do note that while membership is free, you’ll have to pay a fee of $299 after winning a car. This is a nominal fee for elite access to dealer-only vehicle auctions.

What makes Auto Auction Mall unique is that they offer multiple auto financing options for you to purchase the vehicles you want and need. For example, some of the car financing offers they feature include no down payments and super-low interest rates. You can even pre-qualify for vehicle financing without your credit score taking a hit!

If you ever need help during the bidding process, then you’ll be pleased to know that Auto Auction Mall offers a customer support team that’ll assist you through the whole thing.

200K

Live Auctions

$299

Winning car fee

$0

Membership

5. AUTOBIDMASTER

AutoBidMaster is actually a registered Copart broker. That means when you secure membership with AutoBidMaster, you’ll get access to Copart’s inventory as well! Registration with this vehicle auction site is free, so there’s nothing to lose by doing so.

Like many of the other online auction websites, AutoBidMaster offers repairable salvage vehicles as well as used cars at very affordable prices. You can even access their inventory of over 162,000 cars without a dealer’s license.

This company is dedicated to refreshing its stock both daily and weekly, so whenever you log on, you’ll probably find new vehicles. They even stock motorcycles and quad bikes at times, so you never know what you’ll find!

162k

Available Cars

$

Affordable price

Daily

Stock refreshing

A Few Tips For Online Car Buying

Now that you have more information on how an online car auction works and what the best online car sales auction sites are, you’ll have a better time when you’re shopping for a vehicle. Whether you’re just looking for a car to use yourself or you’re stocking up for your used car dealership, you’ll have the proper knowledge to get the best cars around at the most affordable prices too.
The COVID-19 pandemic has had a big impact on the auto industry, which means there’s no better time than now to get the best prices on used cars. Not only that, but it’s also much cheaper and easier to ship your vehicles too. So take advantage of this situation and purchase the cars you need.

When you’re ready to ship a car from an auction, grab a quote from our online car shipping calculator. You’ll be glad you did.

Before you set your sights on a particular car or start bidding on cars in general, though, it pays to do some online research.

For example, how much do repairs usually cost for this make and model of vehicle? How long is its usual lifespan? What are some key issues owners have and are there affordable/easy ways to get around them?

Your research should also include finding out what the Kelly Blue Book prices are for the cars you’d like. By doing so, you can set reasonable car auction bids and know that you’re not paying an absurd amount for your automobile of choice.

When going through the lists of cars available, make sure to take note of both the age of the car and the mileage. Obviously, the newer the car and the less mileage it has, the better.

In general, a car should accumulate about 13,000 miles per year. If a relatively new vehicle already has 100,000 miles on it, then that’s likely a red flag.

One downside to online car buying is you can’t see the car for yourself. This means you’ll have to be very thorough and take every precaution available to inspect the vehicle as best you can. At in-person auctions, you have the option of personally inspecting the vehicles and even bringing a mechanic with you to have a second pair of expert eyes.

If you prefer the in-person touch when it comes to automobile auctions, we’ve curated a who’s who of the 5 Most Famous Car Auctions In The U.S. for you to consider.

The 5 Most Famous Car Auctions in the USA

Now that you have more information on how an online car auction works and what the best online car sales auction sites are, you’ll have a better time when you’re shopping for a vehicle. Whether you’re just looking for a car to use yourself or you’re stocking up for your used car dealership, you’ll have the proper knowledge to get the best cars around at the most affordable prices too.
Classic Cars Auctions USA:

RM Sotheby’s

Classic Cars Auctions USA:

Worldwide Auctioneers

Classic Cars Auctions USA:

Bonhams

Biggest Car Auctions in USA:

Gooding & Company

Biggest Car Auctions in USA:

Barrett-Jackson

Did you know that more than nine million cars get sold at an auction each year? Or that auctions can vary greatly when it comes to the number of employees, size of the auction, acreage, and services offered? Famous car auctions, collector car auctions, normal car auctions — all auctions are different based on the type of cars available and the type of clientele who frequent them.

If you’ve always dreamed of collecting cars or attending famous car auctions, you’re not alone. It’s a rewarding hobby that brings plenty of pleasure to its participants.

And when you participate in automobile auctions that have achieved legendary status, you’ll get a healthy dose of both gratification and competition. With that being said, here’s a rundown of the top five biggest (and most famous) car auctions in the US.

1. Classic Cars Auctions USA: RM Sotheby’s

When it comes to auctions for just about anything of value, Sotheby’s likely deals in it. In 2015, they added vehicles to their plate by formally partnering with RM Auctions on collector car auctions.

The result? RM Sotheby’s , which elevates classic and collector car auctions to the next level.

How? By only dealing in blue-chip, investment-quality vehicle merchandise.

And this hasn’t been hard for RM Sotheby’s to achieve. After all, they’re more than a place to buy vehicles. RM Sotheby’s acts as the official car auction house for big, luxury auto brands like Aston Martin, Porsche, and Ferrari.

RM Sotheby’s also deals in many other top-end manufacturers, and they contribute to essential automobile events such as Amelia Island.

Would you like to get in on the elegance of RM Sotheby’s collector car auctions USA? Check out one of the following events; Concorso d’Eleganza Villa d’Este, Luftgekuhlt, Colorado Grand, Formula 1, Concours d’Elegance, or California Mile.

2. Classic Cars Auctions USA: Worldwide Auctioneers

Are you looking for truly unique collectibles such as rare pre-war vehicles, vintage American muscle cars, or mint condition European race cars? Then, Worldwide Auctioneers‘ famous car auctions USA are your ticket to the most extraordinary vehicles ever auctioned on American soil.

What distinguishes this auction house from the competition? Well, its owners are also automobile specialists and chief auctioneers!

As a result, you can rest assured the inventory on offer has been thoroughly curated. As an investor, you can also go into the process knowing that your investment is a sound one.

When you start exploring Worldwide Auctioneers, you may be surprised to realize it’s smaller than some of the other auction houses mentioned in this article. And that’s by design.

You see, Worldwide Auctioneers places a premium on quality over volume. They also emphasize customer satisfaction, crafting a relaxed, fun, and personalized experience in the process.

These additional experiences include sophisticated preview receptions, personal inspections, and chances to test-drive vehicles up for auction. If you’ve participated in car auctions before, you’ll realize how unique these features are.

3. Classic Cars Auctions USA: Bonhams

Are you looking for truly unique collectibles such as rare pre-war vehicles, vintage American muscle cars, or mint condition European race cars? Then, Worldwide Auctioneers‘ famous car auctions USA are your ticket to the most extraordinary vehicles ever auctioned on American soil.

What distinguishes this auction house from the competition? Well, its owners are also automobile specialists and chief auctioneers!

As a result, you can rest assured the inventory on offer has been thoroughly curated. As an investor, you can also go into the process knowing that your investment is a sound one.

When you start exploring Worldwide Auctioneers, you may be surprised to realize it’s smaller than some of the other auction houses mentioned in this article. And that’s by design.

You see, Worldwide Auctioneers places a premium on quality over volume. They also emphasize customer satisfaction, crafting a relaxed, fun, and personalized experience in the process.

These additional experiences include sophisticated preview receptions, personal inspections, and chances to test-drive vehicles up for auction. If you’ve participated in car auctions before, you’ll realize how unique these features are.

4. Biggest Car Auctions in USA: Gooding & Company

Gooding & Company stands apart for its dedication to placing only the finest automobiles on the auction block. As a result, expect vibrant events with record-breaking auto sale prices.

Attending one of these events is a worthwhile bucket list experience. Yet, you should also tune in via the company’s live HD webcast if you can’t make it in person. Their car auctions are just that entertaining and crazy to experience.

A leading auction house, Gooding & Company specializes in classic cars, antique automobiles, and racecars across the decades.

Every year, the company holds three distinguished auction events in the US. They include:
Pebble Beach, California
Amelia Island, Florida
Scottsdale, Arizona

Be prepared to see beautiful vehicles from estate sales, prestigious collections, and rare cars from other sources placed on sale at each Gooding & Company car auction event.

5. Biggest Car Auctions in the USA: Barrett-Jackson

For nearly fifty years, Barrett-Jackson has attracted enthusiasts from all over America with its world-class collector car auctions.

These auctions give participants access to thousands of the most sought-after and stunning cars in history.

The company holds its “ World’s Greatest Collector Car Auctions ” in the following locations:

Las Vegas, Nevada
Palm Beach, Florida
Scottsdale, Arizona

Check out their website for live stream broadcasts of these events. They’ll give you a feel for how their vehicle auctions work and what it’s like to participate.

That said, don’t be satisfied with the online experience alone. Barrett-Jackson events encompass far more than merely vehicle auctions. They also offer symposiums, test rides, celebrity appearances, and much more!

Make travel plans for one of Barrett-Jackson’s unique events as soon as you can. You won’t regret it!

What Is the Highest Auction Price for a Car?

Now that we’ve discussed the five most famous car auctions in the US, let’s talk about the highest price ever fetched at collector car auctions. This monumental auction event occurred at RM Sotheby’s Pebble Beach, California, Concours d’Elegance, in August 2018.

The winning vehicle was a spellbinding 1962 Ferrari 250 GTO that sold for a whopping $48.4 million. The car’s owner, Greg Whitten, marveled at what a smart investment the race car turned out to be.

Whitten, who’s been an employee with Microsoft since 1979, purchased it in 2000 for just one-tenth of its jaw-dropping auction price. The sale of this one-of-a-kind Ferrari combined with the other auctions at the event brought in a whopping $368 million for a smashing success.

This revenue represented a 12 percent increase over the previous year and the first significant rise since the market peak in 2014.

Another high-ticket vehicle that deserves an honorable mention in the history of the biggest car auctions in the USA is the breathtaking 1935 Dusenberg SSJ Roadster that sold for $22 million at a Gooding & Company auto auction in 2018.

If you want to find out even more about the world of classic car shipping and transportation , we’ve got your back. After all, it’s what we’re passionate about here at Planet.

Famous Car Auctions and Internet Car Auction Sites

Whether you choose to hang out at one of the more famous car auctions in the USA or go the online auto auction route, you’ve got plenty of car-buying options. Over the past few years, the car auction market has boomed both in-person and on the web. Whether you want to take a trip to one of the world’s most trusted auctions or bid on an automobile in your pajamas, you can join the auction fray in a matter of minutes.

But, what do you do once you’ve bid on and won your dream car? How do you move your new beauty from the auction block into your garage?

Unless you’re lucky enough to bid on a car in your immediate area, you’ll need to make auto transport arrangements for your auto auction purchase. These car shipping arrangements will vary depending on the type of car that you have purchased.

For example, a fixer-upper from Salvage Bid is perfectly fine to transport on an open car carrier. Of course, you’ll have to factor in added expenses if the car doesn’t run. But, open vehicle transport is still a smart option for a car that doesn’t need added protection.

However, if you’ve purchased a high-end collectible or unique antique at one of the famous car auctions mentioned above, you’ll need to arrange for vehicle transport on an enclosed car trailer. Enclosed car transport is structured in such a way to safeguard high-value vehicles from external hazards such as dust, dirt, rocks, inclement weather, and debris from other cars on the road.

No matter what your circumstances are, grab a free, no-obligation car transport quote from us right away. You’ll be surprised and delighted by the cost-effective, efficient car shipping services we offer!

Contact us today

Contact us today to discuss the transport of your electric car or continue reading our blog to learn more!

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