If you have been trying to find El Paso online car auctions but haven’t had as much success as you had anticipated, then you are not alone. El Paso has only a handful of auction houses which consistently have vehicles available. Plus, many of them do not use online auctions as a primary component of their strategy, instead they utilize third-party auto auction websites. If you haven’t had much success so far, then you may be wondering whether or not it is really worth the effort. To help get you back on track, here’s a quick look at some recent online auction results from El Paso as well as a few tips to help get you headed in the right direction.
The first question you need to answer is whether trying to find El Paso online car auctions is really worth your time and effort. To answer this, let’s take a look at some of the auction results from the December 2011 and January 2012. There were a variety of great deals available regardless of what type of car you are looking for. If you are simply trying to find the best deal in order to save money, then targeting some older vehicles may be your best option. Here are a few results for cars ranging from 2003 two 2005.
There was recently a 2003 Toyota Corolla with only 86,000 miles that sold for $1838. Not only is this a fairly low amount of mileage for an older car, but the local market value if you were to buy it from a dealership would have been just over $5000. Another great example was a 2003 Ford Taurus with 95,000 miles sold for $811. The local market value is $3624. there was also recently a 2005 Chevrolet Cavalier that sold for $1269. It had only 89,000 miles and a local market value of $4600. a final example is a 2005 Ford Mustang with 130,000 miles that sold for $2252 and had a local market value of nearly $8000. As you can see, if you are looking for an inexpensive older vehicle with 80,000 to 100,000 miles, then you can find savings that range from $3000 to nearly $6000.
If you are in the market for a newer vehicle with lower mileage, then here is an example of what you will often find at El Paso online car auctions. The first is a 2006 Chevrolet cobalt with 60,000 miles. If you were to buy it from a dealership, the market value would be around $6500, but at the auction it sold for $922. There was also a 2007 Dodge Caliber with less than 70,000 miles which sold for $1800. The local market value for this vehicle is around $7000. A final example is a 2007 Chevrolet Malibu Classic which sold for $1414, but had a local market value of nearly $8500. Again, the savings ranged from $3000-$6000.
As you can see, from a saving’s perspective there is no doubt that you should find El Paso online car auctions. The next step is how to actually go about doing this. Unfortunately, many of the local auto auction houses do not directly offer online auctions, but rather use third-party tools. This includes local government auctions, such as the auto auction held by the city of El Paso on the second Saturday of every month, as well as federal government auctions. Recently, a majority of the federal government auctions in the area have vehicles from the US Department of Homeland Security, which tends to offer greater variety than the standard GSA fleet vehicle auctions. Some of the local auction houses include Robertson Auto Auctions, Mannheim Auctions, Arco, Insurance Auto Auctions, and several others.
The best way to minimize the hassle of trying to locate these auctions, is to use a highly reputable online auto auction website which provides aggregated data. These sites are very effective because they take the local listings from all of these auto auction houses and place them online for you to access. In most cases, you will even be able to place your bids online. These third-party auto auction websites have proven to be uniquely beneficial to auction houses because he gives them an online presence without requiring the technical assets to accomplish it. As a potential bidder, you benefit by getting access to a variety of tools which are designed to make it easier for you to collect and organize information.
It is easier than ever to find El Paso online car auctions as long as you know where to look. The best part is that you can still go down to the local auction house in order to inspector vehicles before the auction. As an added benefit, these third-party online auction websites tend to provide you even more information than a traditional listing. This means that you will be able to create a list of 5 to 10 vehicles that you are most interested in, so that you don’t waste any time looking over vehicles which wouldn’t interest you anyways.