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Current auctions
 
 
fastSalvage Special Auction - Flood Vehicles (2)
 
fastSalvage eBid Auction (6)
 
fastSalvage Lux - European & Specialty Vehicles (3)
 
fastSalvage Dubai Special Auction (1)
 
Trucks, Buses, Caravans, Boats & Machinery - Fastsalvage (1)
 
   
 
 

Before you sell
About the auction     After the auction         
   
 

What is the best method of setting a reserve price?
Our experience shows the following: The lower the reserve price, the higher the level of dealer interest - this is due to bidders misconception that their chances of purchasing the vehicle are escalated. In reality their chances of purchasing at a lower price decline. Bidding activity increases due to like minded dealers also wishing to purchase the car at a lower price, this has the reverse effect, driving the sale price up.As a rule, you get the best price the first time the car is registered for auction - this is because many dealers will not allocate time bidding on the same car repeatedly. If they feel the reserve price was unrealistic the first time, tendencies are to ignore the car in subsequent auctions. You must therefore calculate the exact price you are willing to accept. Set the reserve price as the lowest price you are willing to accept, rather than the price you are hoping to receive. Remember! Autorola.com.au is an auction, so you can easily receive a price significantly above your reserve price. If you wish to dedicate more time towards your core business then let Autorola.com.au take over all responsibility for selling your company cars. Simply select Total Service, and then a company representative from Autorola.com.au will come out to you and document the condition of your vehicle. Read more about Total Service.
   

Support

Weekdays 8am - 5pm | Telephone: + 61 3 9020 0820
E-mail: customercentre@autorola.com.au