If you are considering online auctions as a way to get a great deal on a used pickup truck near Minneapolis there are a number of options available to you. The big question is which option is right for your particular situation. In order to make this decision, there are several factors you should consider.
1. How quickly do you need a truck?
One of the most important questions need to ask is how quickly you need to get a truck from an auction near Minneapolis. The fastest way is using an online pickup truck auction. Online auctions run 24 hours a day. This means you always have an opportunity to land a great deal. Some online auctions are alive while others utilize a proxy bidding system. Traditional truck auctions take place sporadically. Near Minneapolis you can probably find one or two a month. This significantly limits your ability to get a truck quickly.
2. How much time do you have to do research?
There is no doubt that doing the necessary research before placing a bid is essential to making sure you get the best possible pickup truck at the lowest possible price. At a traditional auction, you will get access to a listing approximately 2 weeks before the auction begins. During this time you will need to research each vehicle you are interested in based upon the VIN number. Additionally, you will have several hours to inspect your target vehicles a day or two before the auction takes place. All in all, the research process can be incredibly time-consuming. Plus, organizational problems will quickly undermine all of your research and eliminate the benefit it provides.
On the other hand, online pickup truck auctions near Minneapolis provide users like you with a variety of tools to help you reduce research time and stay organized. Not only will you get the listing as soon as the online website does, but you will also be able to sort the listing based upon your own parameters. For example, if you want to only look at trucks with less than 100,000 miles, you can use a simple search filter to eliminate any trucks with higher mileage. This immediately shows you all of the trucks available which meet your exact specifications.
A Few Examples of Recent Online Auction Results in the Minneapolis Area
2012 Chevrolet Avalanche
A recent example of how you can save money with online pickup truck auctions near Minneapolis can be is a 2012 Chevrolet avalanche which was sold to the winning bidder for $18,000. It only had 775 miles on it. The reason it was sent to auction was because it was vandalized and never claimed by the owner. The estimated repairs due to the vandalism were only $618. The vandalism itself was little more than spray paint across the front portion of the vehicle. Once repaired, the estimated retail value of this vehicle was more than $43,000. This illustrates a significant savings that a savvy bidder took advantage of.
2008 Toyota Tundra
Another great example of the great deals found at online pickup truck auctions near Minneapolis is 2008 Toyota tundra sold for $17,000. This truck had 130,000 miles on it and only minor dents and scratches. The actual retail value the vehicle was $25,000. It was a black crew pickup with a 5.7 liter V8 engine.
2012 Dodge Ram 3500
A final example of low-cost pickup trucks found at online auctions is the 2012 Dodge Ram 3500 which sold for a little over $20,000. This particular truck had less than 70,000 miles on it and only normal wear and tear, with no other damage. This black crew pickup had a 6.7 liter V-6 diesel engine. The estimated retail value is nearly $60,000.