Have you ever imagined buying a heavy-duty or extra-heavy-duty truck for practically half the list price, in a safe and functional way? That's just one of the advantages of a... truck auction which can offer great opportunities to get a great deal at advantageous prices with lots of security and transparency at the time of purchase. 

Similar to cars, motorcycles, vans, and scrap metal, it's relatively common to buy trucks at auctions. 

There are even auctions exclusively for trucks, featuring different models with varying sizes and capacities. 

It is possible to buy single-axle trucks, tandem-axle trucks, tractor units, and trailers with or without implements. 

To help you better understand how a truck auction works and what its advantages are, we decided to create a special article with all the details on the subject.

If you're looking for a truck to call your own, but don't want to pay a fortune for one, then an auction is the best option for you. 

Want to learn a little more about the topic?

As you can probably imagine, and as many people already know, buying a truck is a major investment. 

One of the main advantages of a truck auction is that, generally, sales occur at prices 50% to 80% below market value. 

These opportunities not only result in significant savings, but also serve as an attractive option for those interested. 

In a truck auction, the same vehicle can be sold for up to 80% of its appraised value, meaning a huge saving, depending of course on the bids and the number of interested parties. 

In this type of auction, the opportunities are very varied, and the buyer can find different models of trucks. 

One of the most sought-after examples are the extra-heavy trucks, which usually sell for quite attractive prices. 

These vehicles come from finance companies and insurance companies, and the step-by-step process for participating is the same as for other auctions. 

Your participation is quite simple and straightforward. 

Simply register on the auction company's website and then keep an eye out for the lots that are advertised on the portal itself. 

To find out more information about the truck, such as make, model, version, year, and location, simply go to the auction page and click on the desired vehicle. 

Furthermore, it's worth mentioning that it's always possible to visit the truck in person up to one business day before the auction. 

Considering the safety and functionality of the process, the experts at Senhor Carros recommend that you register at least 3 days before the closing date. 

This timeframe is more than enough time to register, get approved, qualify for the auction, and have all your questions answered and information gathered regarding participation in the event. 

In auction houses that offer the option of virtual auctionThe buyer can also opt for what is called an automatic bid. 

This is a smart tool where the customer sets a maximum price they are willing to pay for the truck, and the system then manages the offers, always matching bids until the maximum price is reached. 

Furthermore, in the case of virtual or simultaneous auctions, it is possible to place bids and follow the auctions live from anywhere using a smartphone. 

Now that you know how a heavy vehicle auction works, it's time to learn about the main advantages of a truck auction. Let's go?

Truck auctions have become very popular in recent years due to their advantages. 

Furthermore, most of the vehicles are priced well below market value. 

Therefore, it's an excellent way to combine business with pleasure. That is, to buy a truck for unimaginable prices in the new and used vehicle market. 

One important point to mention is that there are different types of auctions of trucks. 

Used trucks, salvaged trucks, trucks seized for irregularities in the documentation, or trucks seized for non-payment. Each auction may offer trucks from different origins. 

In all cases, there are excellent opportunities to close a deal. Now, we'll show you the main advantages of this type of business. 

As you might expect, the main advantage of a truck auction is the low price. 

Buying a truck at auction is an excellent alternative for those looking for this type of vehicle.

In most cases, the price of these vehicles is more advantageous than at official dealerships, authorized resellers, used car lots, or finance companies. 

Another positive point, which many people don't know, is that the new owner usually only needs to worry about paying the fees related to the paperwork and the auctioneer's fee. 

In other words: It's really much cheaper! 

Continuing on the topic, the next benefit is the wide variety of models. 

At a truck auction, you can find basically every brand and every type of truck body you could possibly want or imagine. 

Therefore, if you are unsure which walkway to buy, a very simple and practical tip from our experts is the following:

Visit the website of the auction house organizing the sale and check out all the available trucks.

Make a list of the ones that interest you and don't forget to write down the lot numbers so you don't get lost or place the wrong bid. 

A really cool advantage of buying through an auction is that you get to choose how much you want to pay for the vehicle. 

In both manual and automatic bidding, the power of decision is yours; that is, you define the maximum price you are willing to invest. 

There is no salesperson trying to force a purchase. 

You do your own research, weigh all the pros and cons, and ultimately decide which truck is best for your budget. It's that simple!

This is one of the main advantages of a truck auction. However, achieving this requires some planning. 

When buying a high-value vehicle, such as a truck, people often need to take out loans or installment plans that can sometimes become unbearable. 

As is well known, the chances of problems arising are relatively common, which can ultimately affect payment and lead to the vehicle being seized. 

Furthermore, long-term financing and installment plans include interest in the payments, which makes the final cost of the truck even higher!

That's precisely why scheduling and purchasing through auctions is a highly advantageous alternative. 

Many people are still afraid of buy at auction. 

But the truth is that this is a very safe and honest way to buy, and it is even supported by law and justice. Therefore, there is nothing to fear. 

Auctions are transparent events, and all information about the lots is available in the bidding documents, which are the black box for this type of shady deal. 

Furthermore, if the interested party has any questions, it is possible to contact the auction house and speak with a representative. 

If you are still concerned about the security of a truck auction, simply implement the following security measures:

Similar to a scrap metal auction or a van auction, it's a great opportunity to change your life and own your own business. 

With a truck, it's possible to start a new life, working as a transporter, doing hauling, or even working directly with companies where you and your truck are hired. 

In the midst of a pandemic, where many people have seen their income decrease or disappear, buying a truck is an excellent way to fill your pockets again and turn things around.

As you may have noticed, the advantages of a truck auction are very diverse.

If I were you, I wouldn't waste any time and would quickly go after your truck through an auction. 

If you're interested but don't know of any auction houses where you can buy a truck to call your own, don't worry.

We've prepared a special article showing you not only how to participate, but also where to find auction houses so you can bid on your truck as quickly as possible. 

To check it out, you just need to do one thing: click the button below!