Revving Up Your Car Buying Experience: Exploring the Speedway Auto Auction

Short answer speedway auto auction:

Speedway Auto Auction is a wholesale dealer-only auto auction in North Carolina, USA. It offers a variety of vehicles such as cars, trucks, SUVs and motorcycles through live auctions every Wednesday at their location in Concord. The company also provides online bidding options for remote buyers.

How Speedway Auto Auction Works: A Step-by-Step Guide

If you’re looking to buy or sell a car, you might want to check out an auto auction. One of the largest and most reputable auto auction companies in the country is Speedway Auto Auction, located in Charlotte, North Carolina. Here’s how Speedway Auto Auction works, step-by-step:

Step 1: Registration
First things first, you’ll need to register with Speedway Auto Auction. You can do this online or in person at their office. You’ll need to provide your personal information, such as your name, address, phone number and email address. You’ll also need to provide a valid driver’s license or other government-issued ID.

Step 2: Previewing Inventory
Before the auction starts, you should attend a preview day so that you can inspect the cars up for grabs. This will be held on-site at the auction location and it is open to everyone who wants a closer look at the cars. During this time, you can inspect each vehicle thoroughly and make notes if needed.

Step 3: Bidding
During the actual auction event there are several ways to participate in bidding: In-person bidding takes place on site where buyers stand behind (or beside) dealers representing them in front of an auctioneer. Online bidding through SpeedBid.com is available through our partnership with Proxibid who provides simulcast technology which allows bidders from all over the world access auctions either live or online via PC or mobile app offering real-time simulcasting.

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Once bidding begins on an item, it will rise incrementally until someone wins it by having their highest bid accepted before the countdown timer reaches zero.

Step 4: Payment
If you were successful in your bid then congratulations! All sales are final and must be paid for within three business days after winning bids are confirmed by accounting department orders through verified accounts sign-in features used for enhanced security purposes between buyer & seller systems ensuring transparency & accountability from end-to-end thus allowing us to provide best practices & highest integrity to all parties involved.

Step 5: Pick-Up
Once you have made payment, congratulations, your car is yours! Pickup is the following business day after the auction ends from our location. Buyers are responsible for picking up their vehicle and having it towed from premises if necessary. Our team members will make sure that everything runs smoothly so that you can drive away in your new ride as soon as possible!

In conclusion, Speedway Auto Auction provides a unique opportunity for buyers and sellers alike to find great deals on vehicles while enjoying a fun and exciting experience at the same time! With this step-by-step guide, you’re now ready to participate in an auto auction like a pro!

Frequently Asked Questions About Speedway Auto Auction

Looking to buy or sell a car in Florida? Look no further than Speedway Auto Auction! Our state-of-the-art facility and expert staff make buying or selling a vehicle an easy, seamless process. But with any business, there are often common questions that arise. So, we’ve compiled some of the most frequently asked questions about our auction to help you navigate through the ins and outs of our operation.

Q: What days are auctions held at Speedway Auto Auction?
A: We hold auctions every Thursday starting at 10am sharp.

Q: Do I need a dealer license to participate in the auction?
A: No, you do not need a dealer license to participate. However, if you are planning on purchasing vehicles for resale, you will be required to obtain one before participating in future auctions.

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Q: How can I participate in the auction?
A: Simply register as a bidder online or on-site prior to the auction beginning. Once registered, you will receive your bidding number which is used during the sale.

Q: Can I inspect vehicles before placing bids on them?
A: Yes! Our facility is open for inspections on Wednesday from 9am-5pm and on Thursday starting at 8 am until the start of the auction at 10am. You can also check out vehicle listings online prior to attending an inspection day.

Q: How do I pay for my winning bid(s)?
A: You may pay with cash or certified funds (cashier’s checks) only and payment must be made within two hours from completion of the sale. If financing options are needed please contact us ahead of time

Q: What happens if I win a bid but change my mind about purchasing it?
A: Your bidder card is non-transferable so you would be responsible for paying for the vehicle won during bidding even if decided against after being purchased

Those were some answers to frequent queries however we strongly recommend contacting customer service with any other specific questions or concerns. Join us Thursday mornings and check out what Speedway Auto Auction has to offer!

The Benefits of Buying and Selling at Speedway Auto Auction

Speedway Auto Auction is the go-to destination for both buyers and sellers of used cars, trucks, and SUVs. Whether you are a seasoned auction enthusiast or looking to make your first purchase or sale, there are plenty of benefits to working with Speedway Auto Auction.

For buyers, Speedway Auto Auction offers a wide variety of vehicles from different manufacturers and price points. This presents an opportunity for customers to potentially find their desired car at a lower price than if they were buying from a dealership. Additionally, auctions can be exciting events that bring together an assortment of people to compete for the same vehicles. This creates a lively atmosphere that can add some fun into the process of car-buying.

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Sellers benefit from working with Speedway Auto Auction because it provides an efficient way to sell their vehicle quickly. Compared to selling through private party sales where potential buyers may be hard to reach, Speedway Auto Auction ensures the vehicle will get maximum exposure so it can reach as many interested bidders as possible.Selling through this platform additionally negates any need for haggling over price since bidding generates its own competitive market value. For those who need cash fast or prefer not to hassle with traditional selling methods altogether, selling through Speedway Auto Auction could save considerable time.

One significant advantage of buying or selling at Springfield’s Speedyway is the assurance that comes with putting trust in its established reputation and experience in the industry. The company has been operating successfully within Southern Illinois regions providing excellent services for more than 50 years now – displaying expertise in swiftly connecting buyers with sellers while ensuring everyone’s satisfaction throughout every step of the buying/selling process.

Another noteworthy benefit involves technical assistance which comes handy during consignment sales made by individuals without prior auction knowledge on how it works or what demands need observing.Fortunately,Springfield’s Speedyway employs highly trained professionals in aspects ranging from car inspection,sales negotiation management down to financing options.Examples include offering clean vehicle inspections to safeguard against rogue buyers and fraud while also ensuring fair pricing for both parties.

In conclusion, buyers and sellers who work with Speedway Auto Auction can reap countless rewards, including access to a wide variety of cars, a lively auction experience, quick and efficient selling or buying and assistance from established professionals. These benefits make it clear why Speedway Auto Auction is such an ideal destination for those looking to buy or sell used vehicles in Springfield Illinois.

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