Bid4Cars, your 1 stop Dealer to Dealer Online Auction and Vehicle Management System.
How Bid4Cars works?
Bid4Cars holds Auctions daily, Monday to Saturday, which ends at 14:30pm. No Auctions are held on Sundays and Public holidays.
No Buyers commission is charged on cars bought, Buyers only pay their highest Bid placed.
Bid placed are inclusive of Vat.
Sellers will only be invoiced for each successful Sale and not per vehicle loaded.
The fee structure is as follows:
Vehicles Sold between R0 – R49 999 - (R500 + VAT)
Vehicles Sold between R50 000 – R149 999 – (R1 000 + VAT)
Vehicles Sold between R150 000 – R299 999 – (R1 500 + VAT)
All Vehicles above R300 000 – (R2 000 + VAT)
What User type should I Register as?
There are 2 Main User types on the Bid4Cars platform, i.e.
Auction Buyer
This is for Users that prefer to Buy vehicles only. This User will be notified which vehicles are available for Auction via a daily email. You will also receive an sms when you have been outbid while placing Bids and via email if you hold the successful Bid on a vehicle.
Auction Buyer & Seller
This is for Users that would like to Buy and Sell on the platform. In order to be a Seller, you have to be Vat registered and active on the system for at least 3 months. You will also be notified which vehicles are available for Auction via a daily email, as well as be notified via sms when you have been outbid while placing Bids and via email if you hold the successful Bid on a vehicle or have successfully Sold a vehicle you have loaded for Auction.
By registering as a Seller, you will have the ability to load your Stock onto the Bid4cars platform via our App (Free Download available on IOS & Android). The App allows you to load your vehicles, add photos, scan the license disks and send directly to your Bid4cars profile or to Auction.
Can I make use of the Electronic Valuation platform?
Yes, both Buyers and Sellers can make use of the electronic valuation platform at a fee of R500 ex Vat, per Dealership per month.
This a complete Dealership solution in terms of the Valuation process with features such as updated Trade & Retail and New List Price figures, M&M codes, Historical Auction data guiding Manager’s Offers and finally printing completed TIV for signature and filing.
This includes all reporting capabilities available.
Can I check out your Site before registering?
