If you have been thinking about online truck auctions in Mesa, AZ for cheap pickup trucks, then you’re not alone. The problem that a lot of people have is transitioning from the traditional live auction format to the online auction schedule. While all of the basics are the same, there are also some fundamental differences that you need to be aware of. This is especially true if you are targeting cheap trucks. Here is a quick comparison of live and online auctions to illustrate some of the primary differences.
Let’s start with the pre-auction or pre-bidding phase of online truck auctions in Mesa Arizona for cheap pickup trucks. With a live auction, you would probably see a general listing sometime before the viewing or preview period. This preview period, which usually lasts a few hours, is really the only chance you get to see what trucks are available, let alone gather any specific details on a particular truck. With an online auction, the bidding will often start whenever the truck is listed, however the bidding lasts for a minimum of one week, normally two or three. This gives you plenty of time to find the trucks that meet your criteria. It is also important to note that with online auctions, you get a detailed listing of every truck, which is not available at live auctions. This means that with an online auction, you start out with more information and also have more time to analyze and digest it.
The next big difference between live and online truck auctions in Mesa for cheap pickup trucks is the bidding. With a live auction, it will end almost as soon as it beginWith online auctions, the bidding will be opened several weeks before the closing time. The other difference is how you bid. With a live auction your bid is your current bid. With online auctions, you can bid your maximum potential bid right from the very beginning, however the proxy software will place all of your bids for you, without exceeding your maximum bid. If your maximum bid is $10,000, but the highest bid is only $5,000, then that is all you will pay. This is the same setup that you will see at other types of popular online auction sites like Ebay.
With both live and online truck auctions in Arizona for cheap pickup trucks you will be required to fill out all of the proper paperwork to finalize the sale. Also, you will need to make the payment in full without a certain amount of time, normally a few days. The difference is that at a live auction, you simply pick the truck up at the auction house. With an online auction, the trucks are stored at local affiliated garages and auction houses. You can either pick them up or have them delivered to your home. The same is true if you purchase a truck from somewhere farther away.
Of the two, choosing online truck auctions in Mesa, AZ for cheap pickup trucks is definitely going to be a more prosperous choice. Now that you have a better understanding of what to expect, you find great deals on high quality used trucks.