Online Auctions are Great for New Collectors

Credit: Original article published by Classic Cars Journal.

Collecting cars is a rewarding and exciting hobby. Whether you use them as a daily driver or only show on weekends, the hobby is always expanding. The rise in online auctions has made it easier than ever to find and purchase rare, valuable and bucket list vehicles. Here are a few reasons why we younger generations should consider buying collector cars through online auctions like

  • Variety: Online auctions give buyers access to a wider selection of collector cars than they might find at local dealerships or in classified ads. This means you can find the exact car you’re looking for without having to travel long distances to see it in person.
  • Savings: Because you’re able to bid on cars from all over the world, there are many instances when competition can help drive prices down, meaning you’ll get a better deal. It’s also a great place to get in on the ground floor for future collectibles. Buy at a lower price now and watch the value grow.
  • Transparency: Most online auction sites provide detailed information about the cars being sold. This can include photos, vehicle history, inspection reports, and videos. This can help you make a more informed decision. Because an online auction’s reputation is only verified through reviews and word-of-mouth, it’s important for them to provide correct information to potential buyers.
  • Community: Collecting cars is not just about buying, it’s a hobby. Like live car shows, there’s a community of active enthusiasts online. This gives you the opportunity to connect with people who share your specific car interests around the world. is the perfect place to find that special vehicle. After you create an account, follow the prompts on the page to correctly add your credit card to become a bidder. Add cars to your watch list, follow the comments, and get to know the community. All winning bidders pay a 6.5% buyer’s fee on top of the winning bid amount. The buyer’s fee is capped at a $10,000 maximum and has a $325 minimum. If you win the auction, your card will be charged automatically for the buyer’s fee, and then a representative will get you in contact with the seller, who you will pay directly for the vehicle.

Don’t wait any longer to Join the Hunt. Check out for auctions ending and going live every weekday!