If you are a lover of classics, and are now looking to buy a classic car or trying to find a premium selection of classic cars for sale? Look no further!
At CARBIDS, we are fortunate to offer a range of premium and prestigious cars—perfect for those looking to start or build their classic car collection. But breaking into the classic car market can be difficult as you might not be sure what you found is worth your investment. That is why you need our classic car checklist to ensure you are happy with your purchase.
Our checklist comprises five key areas to be aware of when purchasing classic cars for sale:
Now that you have the information you need to prepare for buying a classic car, you have to decide how to do so. When looking for value and buying from a trusted source, who else to consider other than CARBIDS—Australia's most trusted auctionplace?
We regularly update our selection of classic car auctions, and they close every Wednesday. This means that you are sure to find the perfect unique car to add to your collection. What are you waiting for? Get bidding!
Do you want to know the best way to sell your car fast? Let us introduce you to the world and the benefits of online car auctions!
When you sell your car at auction, you are taking part in what is known to be a fast and easy way to sell used vehicles. To sell your car at auction means you will be conducting a sale through an established auction house, meaning you will not have to deal with buyers directly or negotiate on the car’s price.
It is for this reason, and more, that car auctions are the best way to sell a car when you want a fast and trustworthy sale.
Where to sell a car at auction?
So now you have the how, but need the where—that is precisely where we come in! When buying with CARBIDS, you don’t have to worry about learning how to advertise your car or the hidden risks of selling privately—we do all of the hard work for you.
CARBIDS, the auctionplace, is Australia’s trusted home of car auctions. This is a reputation we have been building for over 20 years, and through this knowledge and experience, we get our sellers great results come auction time. Plus, selling through CARBIDS is free, low risk and simple!
We have an established database of over 190,000 verified accounts and take care of all money handling, buyer identification and processing to protect you from fraud, ensuring you a smooth and safe experience when selling your car.
How to sell a car on CARBIDS?
At CARBIDS, we are passionate about streamlining the process of car auctions and making them accessible hence why everything can be completed online. Selling your car on our established platform is a simple six-step process.
At CARBIDS, we love talking about cars and understand your car is unique. We have sold over 15,000 vehicles via online auctions, so you can feel comfortable knowing you are dealing with professionals when you list your car with us. If you have more questions or would like to sell your car with us, please contact us.
Buying a used car is a great option for prospective buyers to save. But where are more sellers and buyers turning to for their vehicle needs? Auctions!
Buying cars at auction is the superior way to purchase your next used car as they can save you money, are simple and offer plenty of variety due to the high turnover of vehicles. And when purchasing through CARBIDS, you have the bonus of purchasing through Australia’s trusted home of car auctions.
At CARBIDS, we endeavour to make the auction process seamless for both the buyer and seller. When it comes to participating in the auction as a buyer, these are our four tips for buying a used car at auction:
Familiarise.
As exciting as getting ready to purchase your next vehicle is, it is essential to familiarise yourself with the CARBIDS platform. Doing so means you can bid on your chosen vehicle stress-free and confidently on the platform. One great way to familiarise yourself is observing a few auctions as they take place while looking for your dream car. This could help you understand other buyers' bidding strategies and help you when it is your turn.
At CARBIDS, we are all about bringing the spirit of an in-person auction online—but making it easier for people to receive their items at a price they are happy with. That is why we created the maximum bid function. This allows you to place your bid in a ‘set-and-forget’ manner, as you can select the total amount you are willing to bid on the car and our market-leading platform bids on your behalf in small increments. This means you have to do minimal check-ins on the auction while it is taking place.
With that being said, we recommend that you pay close attention on the auction closing day so that you can be ready to place any final bids if you are outbid and are willing to spend a bit extra to receive the vehicle.
Now you have our four best tips for buying a used car at an online car auction; you are just about ready to start bidding on a used car. Do not forget to create a CARBIDS or ALLBIDS account and become a registered bidder. We have new listings going live weekly, so now is a good time as any to start bidding!
Australia’s used car industry is undergoing a series of seismic changes. The two major reasons for fluctuations of the market; are consumer behaviour and global supply issues. Various external economic and societal factors promise further movements in Australia’s car market.
Household expenditure in Australia has changed, largely due to the COVID-19 pandemic. Post-pandemic inflation has altered the average Australian households purchasing power. The kinds of vehicles sought after by Australians greatly differs from a few years ago and is unrecognisable when compared to a decade ago.
Fluctuations in Australia’s economy and consumer markets often imitates trends in America. Steep rises in both counties inflation rates indicates similarities between the economies. The rise in popularity of electric vehicles shows similar patterns in consumer behaviour.
In examining America’s far more documented used vehicle industry future movements in Australian markets can be predicted. It is first necessary to examine similarities between the two markets.
The ten bestselling vehicles in both countries is one such indicator. Last year, the US list included five SUVs, three utes and one small car. Australia’s list included four SUVs, four utes and two small cars. A decade ago, the lists looked entirely different whereas today many of the same vehicles overlap.
Another indicator is the growth in the popularity of electric vehicles in America. Over the last decade, demand for electric vehicles has grown immensely in the US market. An increase in the range of EV manufacturers bolstered this growth.
Despite a lack of infrastructure Australian consumers are also increasingly opting for electric cars. To supplement this demand, a growing number of car manufacturers have begun distributing electric vehicles to Australia.
Australia’s Used Vehicle Auction Market
Various issues are impacting the supply of new motor vehicles in the western world. The COVID-19 pandemic has caused widespread shipping delays. The current wait time for a new motor vehicle in Australia is 146 days. Consumers are opting for alternatives to avoid the increasing cost of new cars.
The Manheim Used Vehicle Index shows the increase in auction value of second-hand cars, specifically in the American market. As of July 2022, the index has risen to 221.5, up 13.4% from in June. This year the price index has increased at a monthly average of 11.4%.
As a result, used car markets have surged in popularity in both America and Australia. This statistic specifically indicates the steadfast growth in specifically online car auctions.
The Manheim index also examines the eight segments of the motor vehicle market. All these segments have grown in value not only in July but this year.
Full-size, compact, and midsize cars have seen the largest growth in popularity. According to various Australian media outlets compact and mid-size cars remain amongst the most popular. Honda, Suzuki, Mazda and Toyota vehicles are amongst the most mentioned and searched for vehicles according to multiple sources.
This indicates that Australians are opting for practical, fuel efficient and economic vehicles. These manufacturers are likely to continue to grow in popularity as the cost of living continues to surge.
Four-wheel drives have also become popular with soaring prices. Vehicles such as Toyota Landcruiser’s are achieving record prices at auction.
Luxury branded vehicles have taken a big hit in the last few years. According to data from UBS, the number of luxury cars in Australia has increased by 6.6% between 2000 and 2018. Despite this the manufacturers, Audi, BMW and Mercedes Benz have all recorded losses over the last few years.
The cost of petroleum and vehicle parts have also influenced consumer behaviour. Parts specifically for European manufactured cars are becoming increasingly expensive.
An amalgamation of factors has meant luxury vehicles are less sought after, buyers instead opting for used vehicles from trusted sellers. Auction results for European model cars have also depreciated where Toyota and Mazda have experienced growth.
Australian’s now upgrade their cars after a 1–2-year period. This period is far shorter than it has been in the markets recorded history. With the cost-of-living increasing purchasing new motor vehicles is becoming less feasible for an increasing segment of the market.
The US has witnessed massive growth in popularity of electric vehicles over the past decade. Only a few thousand EV’s were registered across America in 2010. Today over 315,000 are sold annually.
Electric vehicles have likewise risen to the forefront of Australia’s motor vehicle industry. With the federal government’s net zero emissions target, various incentives to switch to EV’s have been implemented.
Due to supply issues, the vast majority of EV’s in Australia are on backorder. Growth is likely to resemble what has happened in America and EV’s will likely become one of the most sought-after vehicles on the used car market.
Transactional marketplaces are also becoming a driver of Australia’s motor vehicle industries. Online auction platforms have experienced
Domains such as cars.allbids.com.au offer a more streamlined and user-friendly platform for buyers. These trusted digital mediums allow buyers a transparent and cost-effective avenue for buying a used motor vehicle.
Some predictions indicate that markets cooling across the board through the coming years. Periods of drastic inflation are always precursors to declines but others suggest the market may plateau. The increasing frequency of change in the market factors examined earlier, make predictions difficult and only promise uncertainty.
For a transparent and trustworthy sale of your car visit cars.ALLBIDS.com.au. ALLBIDS has been online since 2003 and has over 185,000 verified users. To have an appraisal on your motor vehicle contact: admin@allbids.com.au.
","blogDOLAStaffID":361,"blogPostCategoryID":[],"blogPostTagID":[21,2,61,73,34,4,71,86,38,56],"blogPostCategoryTitle":null,"blogCategoryId":[1,2,3,6,10,15,17],"blogPostFeatDesc":"Australia’s used car industry is undergoing a series of seismic changes. By examining America’s more documented industry, movements in the Australian market can be predicted.","blogPostFeaturedImageURL":"https://abstoragev2.azureedge.net/auctions/blog/featured-Blog 4 Image 1 _ Art 730x360 __.jpg","blogPostOpeningImageURL":"https://abstoragev2.azureedge.net/auctions/blog/header-Blog 4 Image 2 _art 1600 x 300 __.jpg","blogDOLAStaffName":"Mackenzie Haskins","blogTags":[],"blogPostDetailURL":"https://staging.carbids.com.au/h/for-buyer/current-trends-in-australias-used-motor-vehicle-marke-240","postdates":null,"postid":null,"postcontents":null,"categories":null,"categoriesID":null,"tagsID":null,"categorytitle":null,"tagtitle":null}]