From the time you schedule your inspection you should expect it will take 2-5 business days until the transaction is complete. Once the auction is done you will be notified and we will schedule a time to pick up the car and hand deliver full payment for your car.
The inspector will look at the mechanical aspects of the car, the overall condition of the car, including the paint, Interior, and frame.
Yes! Our inspector will come out inspect and take pictures of your car. The rest is done through our technology and you can continue to use your car.
Using MyCarAuction is completely risk free. There is no obligation to sell your car. If you decide to virtually auction your car, upon completion of the auction we will let you know what's the highest bid achieved and you get to choose whether to sell your car or not.
MyCarAuction uses a carefully crafted mathematical formula that considers your car’s color, mileage, condition, vehicle history, location, and statistical data from car sales nationwide and regionally over the last year into account to find you vehicle’s expected sales price at auction.
MyCarAuction provides you the prevailing price of your vehicle based on thousands of recent car sales held around the country. The prevailing price is the highest price paid for that specific car. The price is generally much higher than what you will get at a dealer or competitor. Plus if it sells for more you get more money. Something no other dealer will offer you!
Since your car’s value is based on live statistical data and cars are being bought and sold every day, it will likely change over time. However, these changes will be slight and should have little impact on your car’s expected auction price.
Only people who hold a dealership license are allowed at our dealers only auctions. Although there are auctions like eBay and other public auctions, they don’t attract as many buyers and can not create nearly the competitive bidding environment that MyCarAuction has. This leads you to get less for your car.
MyCarAuction provides you a higher price than any single dealership or private buyer, while removing all the headache and hassle that comes with trying to sell the car yourself. The process is simple, risk-free, and headache-free. Because your car is going to an auction, you often get a higher price than the minimum reserve price MyCarAuction provides you. All this from the convenience of your home or office, and you are free to use your car while we are doing all the hard work.
After your car is auctioned, you will get a call to schedule for pickup and payment of your car. Your car will be picked up by our contracted trucking company and will be delivered to our secure holding location to be scheduled for pickup by the winning bidder for your vehicle.
You can have your car picked up from wherever is most convenient for you.
MyCarAuction works with dealer-exclusive auctions across the country, meaning that without a dealer license it is not possible to bid at these auctions.
Currently, you can only auction and sell cars through MyCarAuction.
When MyCarAuction sends a team to pick up the car, we will bring you full payment for the car.
- – Your car’s title: This is also called the pink slip; it gives you the legal right to sell your used car. But don’t sign it yet.
– Check with your lender: If you still owe money on your vehicle’s loan, call the lender to learn how to arrange the sale.
– DMV Paperwork: Our team will assist you with this.
MyCarAuction is going to be in Southern California. We will expand to Northern California in late 2020. In 2021, My Car Auction is planning a national expansion.