Here’s Why Selling Used Cars through Auction Halls is Cheaper

Vehicle auction halls have become an alternative for people who want to buy used cars at affordable prices. Sometimes the price offered at auction halls is a lot cheaper than the market price, whether it’s in marketplaces or showrooms for used cars. 

This is why more and more people take interest in auctions. The difference in the price of used cars sold at auction halls and showrooms reportedly reaches millions to tens of millions of rupiah, depending on the type of the car and the auction process. 

Now, how is this possible? One reason is that the condition of the used cars at the auction hall is offered as-is. That is, without any prior repairs to either the engine or the vehicle body. When buying used cars through dealerships, the condition of the car should already be at its prime, depending on the dealership. 

This means the conditions of the used cars at auction halls vary, ranging from those that are damaged to flawless. That’s why you can get them at a really low price. At dealerships, any prior damage to the car would have been repaired first, so that the car can be sold at a high price. 

At IBID auction hall, the same is true: Used cars are offered at a basic price, depending on the condition of the car at that time. What sets it apart is the grade of the cars’ condition. Each unit offered suits its own grade. The better the condition of the car, the better the grade. 

The examination technique used at IBID auction hall is done by a system called Astra Car Valuation (ACV). ACV has been developed and used in several ASTRA Group companies since 2016. ACV has helped to accurately and comprehensively examine tens of thousands of vehicles from various brands and types.

The ACV is a standardized vehicle inspection system used by Astra to examine all details of the vehicle that will be auctioned using a scientifically standardized inspection system employed directly by experts. 

Initially, the ACV was developed as an inspection system for four-wheeled vehicles that supports the accuracy of vehicles’ condition. By using reports of vehicle inspection done with the ACV system, customers can see the condition of their desired vehicles more accurately before making a transaction. ACV makes it easier for you to understand the vehicle's condition and car quality, as car conditions will be divided into several grades, namely A, B, C, D, or E.

The best grade at IBID auction hall is grade A, while the inferior grades are grade D and E. There are several parts of the car examined, such as the exterior, the engine, and the interior. But one thing you can be sure of is that all the cars at IBID auction hall are guaranteed to have complete documents. 

The grade of the vehicle would also determine the price range opened by the auction hall.  The higher the grade, you can bet the higher the price would be. 

If you’re interested, you can check out the list of available cars, along with their grades, on the official website of IBID auction hall. You can find complete explanation of each car, complete with pictures of every part of the car.  That way, prospective auction participants can also confirm and estimate the condition of the car they are going to buy.

It should be noted, though, that IBID auction hall does not only auction vehicles. Heavy machineries to gadgets like laptops, smartphones, tablets, and cameras, are all available at IBID auction hall. For information on the schedule of gadgets auction in the IBID auction hall, you can go to IBID’s application or website at www.ibid.astra.co.id.