Autohacker’s Digest

I’ve found the next car project. Check it out. [Autohacker’s Digest]

Last edit: November 03 2024 • 313 view

Autohacker’s Weekly Digest. November 3rd, 2024

The goal of this digest is to help you avoid common mistakes when buying at auctions and assist you in purchasing a GREAT DEAL on a car at the best possible price!

Camaro ZL1 – Worth the watchlist

This week, I visited the Copart auction to check out a 2018 Chevrolet Camaro ZL1. It’s a theft recovery vehicle being sold by an insurance company. It starts, drives. The car looks and sounds incredible. Although it’s not ready for sale yet, I will be waiting for it

Looking to buy it at 50%, so I can enjoy it while driving it for 0 cost.

Check out my short review here.

Screenshot of 2018 Chevrolet Camaro ZL1 auction listing with theft recovery details

How Max Bid works?

Question: How does the max bid work? If I set my max bid to 9000 but the current bid if 5500 will it jump to 9K or will it bid for me in smaller increments? Thanks!

Answer: Let me explain how the max bid works.

First, when you set a max bid, we won’t place it on the auction website until the preliminary bidding phase is closed (time should ran out completely). After that, our system submits your max bid as a proxy bid at the auction site. This means it will bid up to your max limit to outbid others, but only as much as needed.

For example, if someone else sets a max bid of $10,000, your bid may go as high as $9,000 to compete with that. Or, if someone else sets a max bid of $7,000, the system will place your winning bid at $7,100 with a max set at $9,000. Other bidders can still compete against your max bid, which could push the price higher.

Hope it helps!

Screenshot of a user question about how max bid works at auction

CarFinder Service

We’ve received a lot of requests through our Car Finder service over the past week.

This is a done-for-you service that requires time and effort from my team. If you submit forms like the example below, we’ll simply ignore them. What are we supposed to think when the ‘year, make, and model’ just says “Toyota” or “1964”? Haha ) Seriously.

Please describe what you’re looking for, and if you’re not genuinely interested, please don’t submit the form.

A good example would be: “Looking for a 2022 BMW M2, Competition series, white color, AWD, $50,000 budget all in.

Cheapest deal of the week

1974 Volkswagen Beetle. Sold for $900. What a DEAL!

The engine is burned, but this could be an incredible project for a true classic car enthusiast. It’s a real icon in automotive history.
If you’re interested in classic cars, follow the link: Classic cars

1974 Volkswagen Beetle convertible at salvage auction lot

My choice deal of the week

2019 Chevrolet Blazer RS. 3.6L V6 with 308 hp. Sold for $10,500.

Just 38% from the retail value. It looks cool and drives just as cool!

What a DEAL!

2019 Chevrolet Blazer RS at auction lot for daily driving

$25 deal

2013 Kia Soul sold at IAAI just for $25!

Unknown damage and run and drive condition. This car may need some repairs, but you cannot go wrong with a $25 deal!

2013 Kia Soul in run and drive condition at IAAI auction lot

$30 deal

2012 Buick Verano sold at Copart for $30.

Hail damage and clean title. You’ll need to put in a bit of effort to make this car a good daily driver, but $30 for a car?! Wow! What a DEAL!

2012 Buick Verano with hail damage at Copart auction lot

$100 deal

2014 Chevrolet Cruze sold at IAAI for $100.

Impossible, right?! Well, great deal happens daily!

2014 Chevrolet Cruze sold at IAAI auction lot

Thank you for reading my digest, and have a great day!

Smiling man in a dark gray t-shirt posing against a gray background

Andrew AutoHacker

P.S. If you enjoyed my digest, you might also like my Facebook community of Autohackers. I share my knowledge there daily. My primary goal is to assist you in finding your dream car at a 50% discount. Join the community and benefit from the valuable information and insights I provide!

Promotional banner for CARS4.BID salvage car buying mini-course and Facebook community

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