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Before you sell
About the auction     After the auction         
   
 

What is the best method of setting a floor price?
Our experience shows the following: The lower the floor price, the higher the level of dealer interest - this is due to bidders misconception that their chances of purchasing the vehicle are escalated. In reality their chances of purchasing at a lower price decline. Bidding activity increases due to like minded dealers also wishing to purchase the car at a lower price, this has the reverse effect, driving the sale price up.As a rule, you get the best price the first time the car is registered for auction - this is because many dealers will not allocate time bidding on the same car repeatedly. If they feel the floor price was unrealistic the first time, tendencies are to ignore the car in subsequent auctions. You must therefore calculate the exact price you are willing to accept. Set the floor price as the lowest price you are willing to accept, rather than the price you are hoping to receive. Remember! Autorola.com is an auction, so you can easily receive a price significantly above your floor price. If you wish to dedicate more time towards your core business then let Autorola.com take over all responsibility for selling your company cars. Simply select Total Service, and then a company representative from Autorola.com will come out to you and document the condition of your vehicle. Read more about Total Service.
   

Telephone support

Weekdays 9:00AM-5:00PM (Central Time) | Telephone: +1 678 366 4639
E-mail: customercenter@autorola.com