Paying for the car can involve your own funds or arranging the financing through the C&B platform via a partnership with Lightstream. Upon successful completion of the auction, the platform will automatically exchange information between the seller and buyer.Ĭontact the seller and arrange the closing of the deal. The auction timer ticks down, and any new bids placed at the last moment reset the timer to one minute. Step 3: A hold is placed on your credit card for 4.5% of the bid amount. The bidding process then goes like this (after registering): Buyers can also arrange an in-person viewing of the car or coordinate a visit by an inspector. A buyer can review each listing and ask the seller questions through the "Contact" feature. The site cautions prospective buyers that they are responsible for doing their own due diligence on vehicles. The costs for a successful auction are charged to this card.
CARS AND BID REGISTRATION
So, you'll need to provide valid credit card information as part of the registration process. Remember that Cars & Bids makes its money from buyer fees.
CARS AND BID FREE
Here's how it works.īuying begins by first registering on the site it's free to do so. The website is straightforward and user-friendly. It's an excellent way for buyers to gain greater insight into these vehicles. While not every C&B car gets the Doug DeMuro treatment, those that do enjoy significant exposure among his legion of followers. Some of these reviews look at autos from Cars & Bids (C&B), which DeMuro launched in 2020. DeMuro distinguishes himself by not only commenting on the latest vehicles but also on classic and quirky vehicles. It's a unique and eclectic mix of cars.Ĭar & Bids also features reviews by well-known automotive YouTuber Doug DeMuro.ĭoug DeMuro is a well-known automotive reviewer who has built a following of more than four million fans on his Other options might consist of a 2011 Dodge Challenger SRT8 or a classic VW Camper. Every featured vehicle offers something a bit "extra." Some examples might include a 1990s-era BMW M5 or a retro SUV such as a 1997 Toyota Land Cruiser. You're likely not to find any hum-drum offerings on Cars & Bids. The platform emphasizes selling both old and new cars, particularly from the 1980s, 1990s, and beyond-anything that aficionados tend to call "cool." The site calls these "enthusiast cars." The idea here is that a seller can hopefully move their car more quickly than the traditional private sale route. , and we'll explore what this website is all about.Ĭars & Bids is an online car auction platform that allows owners to list and sell their vehicles. But, there's another open bidding platform that offers an alternative. The thought of buying a car via an online auction often means heading to eBay Motors or
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