Yes, you need to have a CarGuru.bid account. Please contact us at any of our contact details and our team will be happy to guide you through the entire registration and transaction process. Creating an account is very simple and it takes just a few minutes to register, even on your own.
To be able to bid, the second step of the registration process requires a company signature card and both sides of the signer's ID card. Not only on the site, we will also accept and file the required documents to your profile via email!
Small to medium to large companies such as public companies, fleet management companies, rental car companies, banks, leasing companies. If you do not belong to any of these categories but would like us to help you sell your car, please contact us at our central contact: email@example.com
Only car dealers can participate as Buyer.
Only car dealers.
Yes, a vehicle condition survey by an external certified partner is compulsory in all cases, as it allows us to provide reliable information on the actual condition of the vehicle to the bidders and to ensure that the best possible price is offered.
Our service closes the auctions for Users two days a week, on Tuesday and Thursday.
Yes, your car will undergo a condition assessment and preparation for sale process once it arrives at our premises.
Yes, however, failure to close the deal due to irresponsibility or other fault of your own will result in a fee being charged and user access being restricted or suspended (see GTC for further details). For the long-term success of your bidding, we strongly urge all bidders to adhere to responsible business practices!
Once the auction has closed and the winning bid has been confirmed, the car will be invoiced by our partner. After confirmation of payment of the purchase price and the auction fee, the buyer has 5 working days to collect the car. On request, nationwide delivery is also possible at a price agreed with our customer service.
If the condition of the car is not as stated in the condition survey, please let us know and we will try to find a solution to the problem. We will try to give you the most complete picture when you upload the car to avoid disappointment.
Yes, the cars are photographed immediately before the auction by our certified external partner, showing as much detail as possible. Any faults or damage are recorded separately and can be checked during the auction via the links provided. Please always check the condition of the car before bidding!
For more information on the basic auction concepts and the bidding process, please visit the PRICING&DETAILS page
Open bidding is a form of auctioning where all participants can see the current highest bid. Interested parties can choose to bid more for the vehicle and raise their bid by at least the minimum bid increment. If a new bid is received 1-5 minutes before the bidding expires, the bidding closing time is extended by 1-5 minutes.
In a sealed bid, bidders place their own maximum bid without seeing the other bids. The bid amount can be increased until the end of the bidding period, but previous bids cannot be reduced or cancelled. The result is displayed immediately at the end of the auction. If more than one bid of the same price is received, the earliest bid wins.
The bid increment is the minimum amount by which a new bid must outbid the previous one. For example, if the highest bid is €1 000 000 and the bid increment is €20 000, the next bid must be at least €1 020 000.
The minimum price is the amount below which the seller is not willing to sell the item. This amount is often hidden and only becomes public when a bid reaches this amount. If the highest bid is below the minimum price, the product will not be sold.
This speeds up the selling process and gives buyers the opportunity to buy immediately.
You should set up a bidding agent if you are unable to follow the auction but would like to participate. You can set a maximum amount you are willing to pay and the agent will automatically bid for you, up to that limit.
Binding means that all bids submitted are binding for 5 working days after the bid is placed. During this period, the seller decides whether to accept the offer. You can only withdraw from the commitment to buy by paying a 15% buyer's premium and the bidding fee after the bidding closes.