In addition to the final purchase price paid to the seller, buyers pay a 4.5% fee to AutosSpot. The buyer’s fee has a minimum of €225 and a maximum of €4,500.
To register, you first need to create an account by clicking on the ‘Log in’ icon in the top right corner of the screen; then click on ‘Create account’ in the pop-up box that appears.
If you don’t want to register yet, no problem; you can do it later. Once you find a car you’d like to place a bid on, click on “Place bid” on the car’s detail page, and you’ll be asked to register before you can place your bid. You will need to enter your credit card information in case your bid is the highest.
To place a bid, you first need to register, as explained earlier. Once you’ve registered and found a car you’re interested in purchasing, placing a bid is simple: just click the ‘Place Bid’ icon on the vehicle’s listing page. Then, you’ll be prompted to enter your bid amount.
Your bid must be higher than the previous bid, of course, and depending on the current bid level, there may be a minimum increment over the previous bid.
The only way to pay is directly to the seller. We recommend using bank transfers on the day of vehicle pickup, although other options are available. Be sure to discuss with the seller well in advance to agree on the timing and ensure both parties are aligned with the process.
Listing a car on AutosSpot is completely free, and sellers receive 100% of the final sale price.
To submit your car for sale, go to the “Submit a new car” link in the dropdown menu of your profile once you are registered. To sell your car, you’ll need to provide us with important information such as the make, model, year, VIN (Vehicle Identification Number), some photos, and other relevant details. If we are interested in selling your car, we will contact you. We will then ask you to answer a set of more detailed questions to ensure that the description of our auction is accurate.
All auctions last seven days. However, the exact duration may vary. This is because, during the last minute of an auction, each new bid resets the auction clock to one minute remaining. This simulates a traditional auction, where the bidding continues until bidders stop bidding, unlike some online auctions that end at a fixed time and favor last-second bids.
Yes, we offer sellers the option of an auction with a ‘reserve’ or an auction ‘without reserve’. A ‘reserve’ is a minimum price that the seller is willing to accept for a car, which is not revealed to buyers during the auction. An auction ‘without reserve’ has no minimum price, meaning the car will be sold for the highest bid amount.
If you choose a reserve auction, we will ask you to suggest a reserve price, but we may request a lower price before accepting to list the car for sale. If we can’t agree on a reserve price, that’s okay; of course, you’re free to sell the car elsewhere.
Once the auction ends, completing the transaction is the responsibility of both the buyer and the seller. AutosSpot provides both parties with each other’s contact information, and they can finalize the transaction and arrange for vehicle pickup.
It is very rare for a winning bidder to not complete the purchase on AutosSpot. In the uncommon case that this happens, the winning bidder will forfeit their 4.5% fee and be permanently banned from AutosSpot.
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