{"id":13033,"date":"2021-06-07T12:28:30","date_gmt":"2021-06-07T04:28:30","guid":{"rendered":"https:\/\/blog.carro.sg\/?p=13033"},"modified":"2025-11-05T17:04:09","modified_gmt":"2025-11-05T09:04:09","slug":"car-auctions-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/carro.co\/sg\/blog\/car-auctions-everything-you-need-to-know\/","title":{"rendered":"Car Auctions: Everything You Need To Know"},"content":{"rendered":"<span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13034\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1.jpg\" alt=\"\" width=\"1920\" height=\"1080\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1.jpg 1920w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1-300x169.jpg 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1-1024x576.jpg 1024w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1-768x432.jpg 768w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/bobbi-wu-egDUd4_KLF4-unsplash-1-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/>Car auctions have become increasingly popular with their quick rate of return. Sellers have started going through car auction services in order to auction their car off to a group of buyers. If you\u2019re planning on selling your car and would like a quick sale, a car auction may be the way to go. So here\u2019s a guide explaining how to sell your car through a car auction.\u00a0<\/span>\r\n<h2><span style=\"font-weight: 400;\">Step 1: Contact the auction house <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13038\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1.jpg\" alt=\"\" width=\"1920\" height=\"1280\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1.jpg 1920w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1-300x200.jpg 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1-1024x683.jpg 1024w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1-768x512.jpg 768w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/stephen-phillips-hostreviews-co-uk-3Mhgvrk4tjM-unsplash-1-1536x1024.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/span><\/h2>\r\n<span style=\"font-weight: 400;\">First you contact the auction house to arrange to bring your car in. Once you\u2019ve brought it in, a set of technicians will inspect it according to the auction's standards and place a monetary value on the car based on any wear-and-tear the car may have suffered over the years.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Next, they\u2019ll photograph the car and place it in a lot where it\u2019ll be viewed by customers.\u00a0<\/span>\r\n<h2><span style=\"font-weight: 400;\">Step 2: Arrange all the paperwork <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13039\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1.jpg\" alt=\"\" width=\"1920\" height=\"1281\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1.jpg 1920w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1-300x200.jpg 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1-1024x683.jpg 1024w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1-768x512.jpg 768w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/scott-graham-OQMZwNd3ThU-unsplash-1-1536x1025.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/span><\/h2>\r\n<span style=\"font-weight: 400;\">The next thing you\u2019ll have to do is arrange all the necessary paperwork needed to transfer the ownership of the car. That includes the car\u2019s log book, handbook, service book, and any garage receipts that are pertinent to understanding the car\u2019s condition.\u00a0<\/span>\r\n<h2><span style=\"font-weight: 400;\">Step 3: Consult with auctioneers<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13040\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2021\/06\/pexels-mentatdgt-1311518-1.jpg\" alt=\"\" width=\"1280\" height=\"853\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/pexels-mentatdgt-1311518-1.jpg 1280w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/pexels-mentatdgt-1311518-1-300x200.jpg 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/pexels-mentatdgt-1311518-1-1024x682.jpg 1024w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/pexels-mentatdgt-1311518-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/span><\/h2>\r\n<span style=\"font-weight: 400;\">The last thing you\u2019ll need to do as a seller before your car is auctioned is to consult with auctioneers about the reserve price, which is the minimum price you\u2019d accept for your car. The auction house usually receives a cut of about 10% on the final value of the car, so they have incentive to ensure your car is being sold for a higher price.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Once you\u2019ve decided on a minimum, your part with the auction is done. The last step is to wait for someone to bid on your car.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\">While car auctions may seem complicated, they are a good way to quickly sell your car. However, if you\u2019d like to skip all the hassle that may come with car auctions, CARRO offers a quick return on your vehicle. All you have to do is submit your details to us and it\u2019ll be auctioned to over 1000 of our dealers.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\">With no hidden fees, and absolute transparency, you can be sure you\u2019re getting the best price for your car all in just one day.\u00a0<\/span>\r\n\r\n<a href=\"https:\/\/carro.co\/sg\/en\/sell?utm_source=carro-blog&amp;utm_medium=blogpost&amp;utm_campaign=car-auctions-everything-you-need-to-know&amp;utm_content=sell-blog-banner\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13041 size-full\" src=\"https:\/\/carro.sg\/blog\/wp-content\/uploads\/2021\/06\/080321_BlogBanners_R1_C2B_970x250.png\" alt=\"\" width=\"970\" height=\"250\" title=\"\" srcset=\"https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/080321_BlogBanners_R1_C2B_970x250.png 970w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/080321_BlogBanners_R1_C2B_970x250-300x77.png 300w, https:\/\/carro.co\/sg\/blog\/wp-content\/uploads\/2021\/06\/080321_BlogBanners_R1_C2B_970x250-768x198.png 768w\" sizes=\"auto, (max-width: 970px) 100vw, 970px\" \/><\/a>\r\n\r\n<span style=\"font-weight: 400;\">Sell your car today at <\/span><a href=\"https:\/\/carro.co\/sg\/en\/sell\"><span style=\"font-weight: 400;\">CARRO<\/span><\/a><span style=\"font-weight: 400;\">!<\/span>\r\n\r\n&nbsp;","protected":false},"excerpt":{"rendered":"<p>Car auctions have become increasingly popular with their quick rate of return. Sellers have started going through car auction services in order to auction their car off to a group of buyers. If you\u2019re planning on selling your car and would like a quick sale, a car auction may be the way to go. So &hellip;<\/p>\n","protected":false},"author":64,"featured_media":13035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[722],"tags":[],"class_list":["post-13033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-car-selling-tips"],"_links":{"self":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/13033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/comments?post=13033"}],"version-history":[{"count":1,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/13033\/revisions"}],"predecessor-version":[{"id":15149,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/posts\/13033\/revisions\/15149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/media\/13035"}],"wp:attachment":[{"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/media?parent=13033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/categories?post=13033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carro.co\/sg\/blog\/wp-json\/wp\/v2\/tags?post=13033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}