Call Us Toll Free (800) 518-0113
Home Sell Your Car
Need Help?
We're Here to Help
Reach out anytime — our team is standing by.
Customer Service
Business Hours
Monday – Friday
9:00 AM – 5:00 PM ET
Home
Search
Auctions
How to Buy
About
Location
My Account
Sell Your Car Buy Now
Sign In Register Free
Home  ›  About  ›  How to Buy - Elite Auto Auctions Guide

How to Buy - Elite Auto Auctions Guide

How to Buy - Elite Auto Auctions Guide

Dealer Only Auctions Open To The Public!

Bid on over 400,000 vehicles worldwide with new inventory daily!

Receive a confirmation email

Use our preferred Transport Broker www.EasyHaulTransport.com

 

How Preliminary Bidding Works

How to Buy at EliteAutoAuctions.com

Purchasing a vehicle through EliteAutoAuctions is simple, transparent, and designed to give you access to exclusive auctions typically reserved for licensed dealers. Here's how the process works:


1. Access to Restricted Auctions:
Most insurance auctions, salvage auctions, and auction pool companies only sell to licensed dismantlers and dealers. Elite Auto Auctions holds all the necessary licenses and registrations, allowing us to purchase vehicles on your behalf from anywhere in the country—even in states with special bid card requirements where other dealers may not be allowed to bid.


2. Preliminary Bidding:
While you cannot participate in live auctions directly, you can place preliminary bids through our platform. We collect your bids and submit them during the live auction, giving you access to vehicles otherwise unavailable to the public.


3. Submitting Your Bid:
Our process is completely transparent. Here’s how it works:

  • Enter Your Maximum Bid: Submit your absolute maximum bid—this is your proxy bid. We will bid incrementally on your behalf, trying to secure the vehicle at the lowest price possible without exceeding your maximum.

  • Reserve Prices: Even if you're the highest bidder, insurance companies may have reserve prices. If the reserve isn't met, they can reject the bid or re-auction the vehicle. In such cases, you may have the option to adjust your bid.


4. Understanding Your Costs:
Your total cost includes:

  • The final auction sale price

  • Applicable auction fees

  • Elite Auto Auctions service fees

Use our Fee Calculator for an accurate cost estimate. While your maximum bid is your liability for the vehicle itself, auction and broker fees will be added on top. We ensure you never pay more than your maximum bid for the vehicle before these additional fees.


5. Live Auction Dynamics:
Preliminary bids provide an estimate, but live auction prices often rise higher. Our system updates the current auction price, but we recommend submitting your maximum bid upfront as bids cannot be increased after the auction concludes.


6. Live Phone Bidding:
Want to participate in real-time?

  • Live Phone Bidding is available for an additional $150 fee. You’ll be connected to one of our affiliate buyers who will represent you during the live auction.

  • After requesting this option, you'll receive an email with the approximate sale time. A representative will call you 5 minutes before bidding starts.

  • During the auction, they will update you on the current bid amounts, and you’ll instruct them to bid or stop. Quick responses are crucial as live auctions move fast, often with only 3 seconds between bids.


7. Buy Now Option:
For a hassle-free purchase:

  • Vehicles marked with the "BUY NOW" option can be purchased instantly at the listed price.

  • This option is available for funded customers only. Once you receive a confirmation email, promptly sign all documents and send proof of payment to our billing department.


8. Important Considerations Before Bidding:

  • Auction Fees: Every auction vehicle has an associated fee. Check the auction calendar for details.

  • Vehicle History Reports: We strongly recommend using clearvin.com to review vehicle history before placing any bids or purchases.


With the largest selection of "Buy Now" vehicles globally and access to restricted auctions, EliteAutoAuctions is your trusted partner for purchasing vehicles online. Contact us today with any questions—our team is here to help you every step of the way!

Welcome to Elite Auto Auctions My Guide

This guide is intended to help first time bidders get a feel for our site. It is a step by step guide required to successfully purchase an auction vehicle through our site. The process itself is very simple... let's begin!

1. Register as a Elite Auto Auctions user.
 

By registering on our website you are allowed to submit offers (bids) on any vehicle, motorcycle or specialty unit that we have to offer. Non-registered users are only able to browse the website but cannot submit any offers.

 
2. If you are already registered, start browsing our inventory.
 

Now that you are a registered Elite Auto Auctions user, you can browse and bid on any of our vehicles in the database. Once you have found the vehicle you like, please be sure to view the pictures to see all the damage/problems with the car; details are minimal because this is the standard information provided by the auction. Also, please note that all auctions are set to "go live" on a certain day.

IMPORTANT NOTICE: Most Bids must be submitted by 12:00AM EST the night before an auction begins in order for your bid to be processed properly. The count-down auction timer associated with your selected vehicle denotes the proper time left to submit a valid bid. WE HAVE EXTENDED AUCTION TIME TO MIDNIGHT TO ALLOW TIME FOR OUR EUROPEAN, AFRICAN AND MIDDLE EASTERN CUSTOMERS.

 
3. How to properly bid on a vehicle.
 

We do not require credit cards to bid on any of our vehicles. However, remember that bidding on a car enters you into an agreement with Elite Auto Auctions for us to pursue the purchase of your vehicle. If our affiliated dealers win this auction, full payment will be due by the end of the 2nd business day from the invoice being posted to your account. To read the entire insurance auction item purchase Terms and Conditions, please click here.

Your offer, once accepted, constitutes a binding contract. Place an offer only if you're serious about buying the item. By having the highest eligible offer that's accepted, you automatically enter into a legally binding contract to purchase the item. Please contact us should you have any questions before placing any offer.

 

PLEASE REMEMBER: EVEN THOUGH THE AUCTION MIGHT STATE THAT THE KEYS ARE PRESENT, THEY ARE FREQUENTLY LOST OR STOLEN AND ARE NOT GUARANTEED TO COME WITH YOUR PURCHASE.

4. Do not get discouraged! Simple steps to realistic bidding.
 

At times, even though you might be the Highest Offer or Bid at an auction the Insurance Company can still reject your offer. Most of the vehicles offered by the Insurance Companies have a minimum "value". These cars will not be released for less than that value, however, that value is not (and will never be) disclosed publicly.

Please remember to bid with these facts in mind (always look to blue book values for guidance, research your vehicle thoroughly!). In order for us to have the highest probability of acquiring your vehicle, make sure your offer is 'realistic'. For example, having a winning bid of $400 on a 2020 Rolls Royce Ghost, even with heavy damage, does not constitute a realistic offer (the vehicle has a much higher "value" to the Insurance Company). 

 
5. Funding your account.
 

By depositing funds to your account, we can securely submit your offer to the insurance company that is handling your vehicle. Without a deposit, we will NOT pursue the acquisition of your vehicle. Please remember that all deposits must be submitted before 8:00AM EST the same day of the bidding period ending. For west coast vehicles deposits must be submitted before 2:00 PM EST. Currently, we are accepting two methods of payment: Credit Card and Wire Transfer. Credit Card is the quickest way to initially fund your account. Once we have your cleared payment, we will update your Elite Auto Auctions Account and you can go to the my account section to monitor such transactions. Click here for instructions on how to submit funds into your account.
If you deposit funds into your account and your offer is rejected by the Insurance Company, the funds remain in your account until either a refund is requested or an item is purchased on your behalf.

 

IMPORTANT NOTICE: If you have the highest eligible offer, and do not submit the required security deposit ($500 or 10% of the total offer amount, whichever is greater) for the item that you intend to purchase, your account will be PERMANENTLY SUSPENDED!

IMPORTANT NOTICE: Credit Card refunds may take 5-7 business days to reflect on your credit card statement. Reason for this ,is we want to discourage customers from bidding on one vehicle then, ask for a refund. Probability of getting the first vehicle you place a bid on, usually does not happen unless you have experience in the industry and are realistic. Our experience when it comes to salvage cars for sale and to bid, we noticed customers start to get the hang of bidding, and start to feel more comfortable with our Insurance Auction Consultants after the first two to three weeks of placing offers on numerous vehicles. We encourage you once you have placed a deposit, to place bids on at least 10 to 20 vehicles. This way our consultant can advise you of the best vehicle to go for that would be the best price. Some insurance companies get higher prices in different States because labor to repair them is much less. Or an Exporter can pay much more for a vehicle because labor in other countries is much cheaper than it is in the United States. Our Site updates twice a day with 1000's of new cars every day twice a day.

6. What happens when my offer is submitted to the insurance auction?
 

 

Once you are the highest bidder at the end of an offer period and your account is funded our system will submit your offer as a preliminary bid to the insurance auction that your Car is being sold in over night. You will be notified the following morning via your, my offers section if your offer your offer was rejected. If it is rejected one our associates Will contact you via telephone to offer you the chance to submit a higher offer one last time. Your offer will be accepted verbally, however you must email our office a revised offer for the Item number for Elite Auto Auctions to submit once again.

If one of our Insurance Vehicle Auction Consultants does not contact you, please call our office or email us via thecontact us section of the site We can not submit offers after 9:00 am eastern time so it important that we discuss your outbid offer before 9:00 am.  Even the day before the sale works.

 
7. What happens to the funds in my account if my offer is not accepted and the car I am working on is not purchased for me?
 

Your funds remain in your account for any future offers you wish to submit. There is no penalty for submitting offers on Elite Auto Auctions. If at any time you wish to remove your funds from Your Elite Auto Auctions account, you must request a refund via our website only. The request form is located in the About us section of the website. Refunds are processed immediately but can take up to 10 days to reflect on your online credit card statement.

 
8. Vehicle has successfully been purchased on my behalf, what now?
 

Once a vehicle has been purchased for you, an invoice will be posted to your account. You must sign the bill of sale and email it back to: [email protected] along with a copy of your drivers license or passport. When we receive your signed Bill of Sale the process begins. You are then required to pay for your vehicle in FULL within 24 hours via WIRE TRANSFER only; Credit Cards will not be accepted for final payments. You are then required to sign and fax back the updated Bill of Sale to our office as soon as possible. We will then email you a new Bill of Sale showing that your vehicle is paid in full.

 
9. My vehicle is paid in full, when will I receive my title?
 

Now that the Vehicle is paid in full and all necessary paper work has been completed, it is time to mail you your Title of Ownership for your purchased vehicle. Elite Auto Auctions will send your title via UPS Ground Service or FED EX saver delivery, we will not overnight titles for vehicles unless you provide us with your UPS or FED EX account number. The whole process can take any where between 7 & 10 business days from the time we receive your final signed Bill of Sale.

PLEASE NOTE: There is a $125.00-$150.00 title paper work processing fee that must be paid to Elite Auto Auctions prior to us sending you your title. This fee applies to both motorcycles, boats, industrial equipment and automobiles. 

 
10. Can Elite Auto Auctions ship my car?
 

Elite Auto Auctions is not a shipper and does not transport vehicles. However, we will help you arrange transport to your desired location or country. We have a vast network of transporters through out the United States that can deliver any vehicle door to door or to any major port in the country for export. If you require a freight forwarder to handle the shipment of your vehicle we can recommend one to assist you. We recommend you visit www.EasyHaulTransport.com for an instant quote.

The average cost of transporting a vehicle within the United States is $50.00 for the initial hook-up fee and approximately $0.85 cents per mile; this can vary from City to City however this will give you an estimate of what transporting will cost for your vehicle.

 

PLEASE NOTE: Customers are not allowed to go to the insurance company's facility to pick up their vehicle.
Only Elite Auto Auctions can arrange for the vehicle to be removed from the facility as per our agreement with the
Insurance Companies and their authorized facilities. Transporters must be paid cash on delivery only!

11. What if I do not pay for my vehicle within 24 hours; will I be penalized?

Yes! Elite Auto Auctions reserves the right to charge $50.00 per day for late fees, storage and service charges associated with late payment. You must email a wire transfer confirmation which you can get from your bank to our accounting department at [email protected] with a cover sheet referencing your full name, telephone number & invoice number.

 
12. What if after purchasing a vehicle, I decide not to pay in full for my invoice?
 

 

If you decide not to pay the full amount owed on your invoice, your vehicle will be "re-listed" and your security deposit will be forfeited. A security deposit is required to cover the cost of re-listing the car for sale. This re-list fee is billed to Elite Auto Auctions by the insurance company and we in turn bill the Elite Auto Auctions customer.