By: Arthur Cooper
Submitted: 2010-09-17 18:23:11 | Word Count: 664
Most people who want to buy a used car check either classifieds in local newspapers or dealers lots and people into buying junk cars in Atlanta probably do the same. However, there is now a more sophisticated method of purchasing a used car that many people are not aware of. That is buying a car at auction on the Internet.
Copart first made this possible for automotive and salvage dealers. Now autobidmaster.com, a Copart auto auction registered broker, has made buying junk cars in Atlanta and elsewhere a possibility for Atlanta residents.
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With autobidmaster.com, there are no dealers fees. An individual merely has to register on the website. This is very easy to do, simply key in contact information and post a minimum deposit of $400.00. Within minutes anyone buying junk cars in Atlanta can explore the various auctions and begin bidding. There are many ways to pay the deposit. Autobidmaster.com accepts all credit cards, Paypal, and it can also be done by bank transfer.
The $400.00 deposit allows a buyer to purchase a car up to $4,000.00. If the buyer wants to bid a car in excess of $4,000, the deposit must be increased by $100.00 for every $1,000 over $4,000.00. In other words, the amount of money on deposit must always equal ten percent of the bid.
Autobidmaster.com does not keep this deposit forever. It is returned to the member as soon as a purchase is completed. And those people who are unable to find a car they like through autobidmaster.com can also have their deposit refunded. They just need to apply for the refund. However, the deposit cant be applied to the purchase price. It is only returned when the buyer has completed the purchase and then submitted an application for the refund.
When a buyer is awarded a bid, payment in full must be made on the business day following the sale date. The buyer must pay the entire amount of the bid plus all transaction fees. This payment must be made via bank wire transfer. Although this may sound expensive, individuals buying cars at auction save thousands of dollars over what they would pay if they bought from a salvage yard, dealers lot or an individual through the classified ad section of their daily newspaper. So an individual buying junk cars in Atlanta has the advantage of being able to access a world wide market at rock bottom prices.
The autobidmaster.com site is extremely easy to navigate. The buyer does not have to plow through a plethora of auctions. One can check available cars by condition of the car (good, repairable, non-repairable, etc.), by the make and model of the car desired, or by city, state and zip code.
Once the car is purchased, autobidmaster.com will also arrange for delivery if the buyer so desires. This allows buyers to bid on cars in locations they might not consider otherwise. Of course, there are extra fees involved however it might also be less hassle for the buyer to allow autobidmaster.com to arrange the shipping. This would be especially true for a buyer in Atlanta buying a junk car located far from Atlanta.
