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How Online Car Auctions Work

If you’re a budding car aficionado, you might have learned that one of the most exciting and exhilarating ways to purchase a specialty car is through a car auction. While you will be thrilled to drive away into the sunset with your new prized whip, buying a vehicle at auction usually takes some time to figure out and can be tricky. 

Buying Cars at Auction Tips

Collector car auctions online is an exciting way to get started in the auctioning arena. Yet if you’re new to this, you may wonder how it all works and how to ensure you get exactly what you were promised. 

online auction for classic cars

The key is to select a reputable and established car bidding site so that you can rest easy knowing the vehicle you buy is the one you’re seeing online. There are a huge plethora of bidding auction websites to choose from and one of the best classic cars online auction is Sonic Bidder, which The Vault utilizes. 

The benefits to an auctioning platform such as Sonic Bidder is that it gives you the ability to see a huge variety of pictures and even video of the vehicle you’re considering buying. Many online auction platforms only show you one picture.

You’ll need full access to all the specifications, star ratings, descriptions, and using the best car auction sites means the information you’re viewing is accurate and complete.

Bid for Cars Online

Some commonly asked questions about how to buy cars from auctions online answered here may help you find your groove in the auction world, ensuring you successfully win the car of your dreams! 

How do I register to bid?

It’s best to register to bid before the auction event that you’re interested in. Most sites actually require that you create an account prior to the auction, as it may take a few days to confirm your registration. 

How does bidding work?

For most sites, bids are entered online during either the Live Auction or as a Pre-Bid. You’ll be informed if you’ve been outbid and depending on circumstances and time remaining, you’ll be able to increase your bid.

How are last-minute bids handled? 

If a bid is placed within the final minutes of an auction, the auction timer will automatically extend. When the allotted time is met, the bidding will close.

Can I cancel my bid?

On almost all car auction sites, you may not retract your bid during the sale once it has been placed.

How much is the buyer’s fee?

The buyer’s fee in car auctions varies depending upon the auction. Most often, it is a percentage of the winning bid, usually at or around 10%. 

Will I pay any other fees?

Most auction sites will have a few additional fees, perhaps including wire transfers, Title or document fees, sales taxes (if you do not qualify as exempt), and most importantly, shipping costs.

How do I get my vehicle after purchase?

It is typically the purchaser’s responsibility to arrange for and pay for the shipping of the vehicle.

how to buy at classic car auction

Auto Auctions Online 

This will most likely just whet your appetite for more knowledge on how car auctions work. Just do your research and then you’re ready to enjoy the ride!
One of the best places to start this journey is The Vault. We offer car auctions for every specialty car, truck, and motorcycle out there! We have classic and muscle car auctions, antique car auctions, muscle car auctions online, vintage car auctions USA, and exotic car auctions to name a few. Follow us on social media or keep an eye on our website to stay abreast on upcoming car auctions through the exciting Sonic Bidder auction site. We can’t wait to help you drive off in the car of your dreams!







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Congrats to the new owner of this awesome Mopar muscle car!

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Everyday is Friday at The Vault! 

Feel free to drop by our showroom anytime to see our incredible collection of amazing vehicles!  
Monday-Friday 9-5
Saturday by appt only

Even if you just want to look, we are glad to give you a tour! 

📱 601-665-4027
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New arrivals are coming in weekly at The Vault!

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The first one is a Jaguar XK-120 OTS. I used to have one!

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Pistol Grip 5 Speed Manual Transmission
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4 Wheel Wilwood Disc Brakes
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Detailed Undercarriage
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If you are in the market for your next hotrod or muscle car, The Vault can locate exactly what you are looking for!
See all of our inventory at the link below
www.thevaultms.com | www.thevaultms.com
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Going to a new garage! Congrats to the new owner of this awesome Mopar muscle car!

1970 Dodge Charger
Custom Black paint with Charcoal Grey Hood and Tail Stripes
426 Fuel injected Hemi V8
Pistol Grip 5 Speed Manual Transmission
Drilled and Slotted Rotors
4 Wheel Wilwood Disc Brakes
3 Piece Wheels
All New Stainless, Chrome, and Glass
Air Conditioning
Leather Bucket Seats
Factory Wood Grain Console
Dana 60 Rear/ 3.54 Gears
Detailed Undercarriage
New Stainless Steel
True XS29 RT

If you are in the market for your next hotrod or muscle car, The Vault can locate exactly what you are looking for!
See all of our inventory at the link below
www.thevaultms.com | www.thevaultms.com 
📲601-665-4027Image attachmentImage attachment+4Image attachment
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ABOUT THE VAULT

Over the past several years, The Vault has become the South’s Premier Classic Car Dealer. Since 2018 we have delivered more than 1,000 cars to happy customers. Our 100,000 sq.ft. showroom and restoration shop holds more than 50 of the highest quality classics . The Vault is dedicated to delivering your dream to your garage and bringing you the full value of your classic when it’s time to sell.