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Current auctions
 
 
New Zealand fastSalvage Auction (1)
 
Sheriff's Office of Victoria eBid Auction (2)
 
fastSalvage eBid Auction (21)
 
fastSalvage Lux - European & Specialty Vehicles (6)
 
Trucks, Buses, Caravans, Boats & Machinery - Fastsalvage (1)
 
fastSalvage Special Auction - Flood Vehicles (1)
 
FASTSALVAGE ABANDONED VEHICLES - GOVERNMENT (15)
 
   
 
 

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Can I set my own reserve price?
You can set any reserve price you like but be careful not to ask an unrealistic price or you risk fewer bids or no sale at all. The reserve price must be your "lowest price" and not what you expect as the final price. Our experience shows the following: The lower the reserve 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. You receive the best price the first time the car is registered for auction - this is because many dealers will not spend time bidding on the same car repeatedly. If they feel the reserve price was unrealistic the first time round, then they ignore the car in subsequent auctions. In the first instance you are advised to work out what price you willing to settle for. Remember! Autorola.com.au is an auction, so you can easily receive a price significantly above your reserve price. Our users tend to research beforehand what price a local dealer will offer for their car. They then often use this quoted price to constitute the reserve price. This process allows Autorola.com.au to find someone who will place a higher bid.

 
   

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Weekdays 8am - 5pm | Telephone: + 61 3 9020 0820
E-mail: customercentre@autorola.com.au