Online auto auctions in Wisconsin are excellent resources for anyone looking for low prices on quality, reliable used cars. In the past, online auto auction websites were commonly avoided because everyone assumed they were less than reputable. Over the past several years, there are a handful of reputable online auto auction websites which have allowed people from all over the country to purchase quality used vehicles at low prices. Wisconsin has proven to be a uniquely beneficial place to hunt for low prices because fewer people tend to bid on each unit.
Always Look at the Location before Bidding
It is easy to filter the search results provided by online auto auction websites by location. It is important to do this before taking a close look at the listing. This ensures every vehicle you are considering is located nearby. If you live outside of the Wisconsin area but still want to attend or take advantage of online auto auctions based in Wisconsin, there are several options available to you. A growing number of online auto auction websites have made deals with shipping companies and local garages to make a getting you to your new car easier than ever.
Examples of Recent Online Auto Auction Results in Wisconsin
2004 Toyota Corolla CE
At a recent online auction based out of Madison Wisconsin saw a winning bidder purchase a 2004 Toyota Corolla CE for only $2250. This car had 127,000 miles and an estimated retail value of just over $7000. The four-door silver sedans featured a 1.8 liter four-cylinder engine man was front-wheel-drive. While this car is older than some people prefer the comparatively low mileage made in excellent deal. This is especially true for people looking for low prices at online auction sites.
2003 Volkswagen Passat GLS
Another online auction based out of Milwaukee Wisconsin featured a host of donated vehicles. One of which was a 2003 Volkswagen Passat GLS. This car had 101,000 miles in only minor dents and scratches on the outside. It is a silver four-door sedan with a 1.8 liter four-cylinder engine. It is front-wheel-drive and has an estimated local market value of $4600. The winning bidder paid only $1900. Anyone looking for a quality, reliable used car without spending an arm and a leg would be extremely happy with this purchase.
2005 Kia Spectra 5
This 2005 Kia Spectra was one of the best deals of a recent online auction. It carried a local market resale value of nearly $6500, but the winning bidder only paid $1950. This particular vehicle had just over 107,000 miles. It was a black four-door hatchback. It also had a 2.0 liter four-cylinder engine and was front-wheel-drive. With a clean title, the new owner could easily drive it off the lot with no problems.
2006 Toyota Corolla CE
At another online auction, a 2006 Toyota Corolla CE was sold for only $2000. There was some cosmetic damage on the rear bumper, but the vehicle only had 91,000 miles. The estimated retail value was $7500. This four-door sedan was marooned and had a 1.8 liter four-cylinder engine.
2007 Pontiac G6 SE
A final example of how you can use online auto auctions in Wisconsin for low prices on quality used cars is this 2007 Pontiac G6 SE. This particular unit had only 61,000 miles. There was some minor dents and scratches on the front and rear bumpers. It is a four-door sedan which was light blue in color. It featured a 2.4 liter four-cylinder engine and was front-wheel-drive. While the estimated retail value was nearly $9500, the winning bidder paid only $3750.
2 Basic Types of Online Auctions
When participating in an online auction, it is important to know exactly what the process is. In general, every type of online auction falls into two categories. The first and increasingly common type of auction is the live online auction. These types of auctions operate the same way a traditional auctioned is accepted takes place online. This means you will be bidding in real time. In order to successfully participate in a live online auction it is important to know what cars you are targeting beforehand. This will allow you to identify the best deals when they arise and save the maximum amount of money.
The second type of online auction allows you to place your bid days or weeks in advance. The online auction site will then place bids for you until you reach your maximum bid. This is ideal for anyone who doesn’t have the time or resources to participate in a live online auction. In most cases, you can treat this type of auction as a live online auction because you can bid until a few seconds before the auction closes. Often times, the online auto auction websites will extend the bidding if multiple bids are placed near the closing of the auction time.