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Before you sell

About the auction After the auction

What is the best method of setting a reserve 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.As a rule, you get the best price the first time the car is registered for auction - this is because many dealers will not allocate time bidding on the same car repeatedly. If they feel the reserve price was unrealistic the first time, tendencies are to ignore the car in subsequent auctions. You must therefore calculate the exact price you are willing to accept. Set the reserve price as the lowest price you are willing to accept, rather than the price you are hoping to receive. Remember! Autorola.lu is an auction, so you can easily receive a price significantly above your reserve price. If you wish to dedicate more time towards your core business then let Autorola.lu take over all responsibility for selling your company cars. Simply select Total Service, and then a company representative from Autorola.lu will come out to you and document the condition of your vehicle. Read more about Total Service.

Related questions
»	How much does it cost to sell our company car?
»	How do we get our company cars valued?
»	How quickly will our company cars get sold?
»	Can we set our own reserve price?
»	Is our registration legally binding?
»	This is our first visit to this site - what do we have to do?
»	Is it completely free to get a company car valuation?
»	What happens if our company car does not reach the reserve price?
»	Do we have to sell a company car when we create a user account?
»	Is it difficult to describe the condition of a company car?
»	How do we get the best price for our company car?
»	What is the best method of setting a reserve price?
»	What advantages do we gain from logging in?
»	What information are we required to provide about the car?
»	How do we create an accurate car description?
»	What types of company vehicles can we sell?
»	Is it free to create a user account for a company?
»	Why should we sell our company car now?
»	Is there an alternative if we do not have time to complete our car description?
»	Why is it important that we describe the car accurately?
»	Where can we get help with describing our company car?
»	We cannot fill out our car description, what should we do?

Telephone support

Weekdays 8.30 - 17.00 | Telephone: +32 (0)3 887 19 00
E-mail: serviceclientele@autorola.lu

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Autorola.lu Online Car auction sells cars for private inviduals, companies and car dealers. A quick and safe way to sell your car. Put the car on auction today and receive bids from approved dealers. Receive bids from over 70 000 approved dealers. You set the reserve price. No sale, no charge. Please call us at +32 (0)3 887 19 00.

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Before you sell

What is the best method of setting a reserve price?

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