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Salvage car hunt: erepairables
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eRepairables Reviews
I am a co-founder of eRepairables. We’ve been in business since 2002, have an excellent rating with the BBB, and have facilitated the sale of thousands of vehicles to thousands of satisfied customers. When we see posts like this, we try to help clear up any speculation.
For the most part, salvage auctions cannot sell to the general public, but rather only to licensed recyclers. Licensed recycles, however, can sell to the general public. eRepairables bridges the gap by allowing the general public to place proxy bids on vehicles to which they would otherwise not have access.
It is fairly complicated to make this all happen and present it coherently on the screen, but to put it simply; you tell us how much you are willing to pay before the deadline, and we’ll try to win it for as little as possible up to your bid limit. If successful, the vehicle is sold to you at our cost plus a $100-500 fee depending on the sale price.
Confusion arises if a user makes assumptions and doesn’t understand the bidding process. Unlike eBay, where the auction ends when the clock runs out, insurance auctions generally run a group of vehicles one at a time down lanes, either physically or virtually, and there is no certain beginning or end time of a particular vehicle’s sale. This is why auctions provide a proxy bidding system; it allows a bidder to participate right up to the end simply by placing a bid limit in advance. The auctions’ systems will automatically increase a bidders bid up in small increments to win the vehicle, but only up to one’s bid limit.
Winners usually understand that the countdown marks the deadline for proxy-bidding; they bid the most they are willing to pay on the first bid, then they walk away. Losers assume the countdown to mean the end of auction; they attempt to bid in as small increments as possible right up until the clock runs out, only to get outbid instantly each time by a computer working for they guy who who placed a competitive bid limit early on.
The other issue potential salvage vehicle consumers must understand is that they are not buying newly manufactured products from some big-box store and getting all the quality control, warranties, and liberal return policies along with it. Wrecked vehicles are arbitrarily wrecked and sold AS IS WITHOUT WARRANTY. You can win big, but you can also lose if you don’t know what you are doing.
I hope this information has cleared up any suspicion. All this and more information is readily available on the site. In addition, we are available by phone during business hours to answer any questions.
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Did you look at the date of this thread?sigpic18 F150 Supercrew - daily
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