Buyer's beware, bought a car here that read about 100,000 miles, fixed the car and when I was ready to sell it,pulled a vehicle history report only to find out the car had close to 300,000 miles, it was too late for me to go back since I had already spent a fortune fixing this car insurance auto auctions inc complaints. BIG LOSSES. ALSO THE BUYER FEES ARE OUTRAGEOUS Compared to other auctions, LOOK: (based on a $2500 car purchase by a "public" buyer) Buyer fee: $350 Internet bid fee: $49 (only if you use their internet bidding system to buy the car). Pullout fee: $20 (essentially a fee for them to load the vehicle on your truck/trailer- NOT negotiable, but it is not charged if you use their delivery service to have the vehicle delivered to your home/shop) So, in this example, a car you bid $2500 will cost you $2919.
Buyer's with any type of license,business or public can buy as many cars as they want, until they get caught by DMV Officials for buying too many cars without a Dealer's license but IAAI doesn't tell them of this as long as they are getting their money. You are better off buying a car on the street or a Dealer's auction if you have someone who has one. Or if you are going to buy here make sure to spend $20 on a vehicle history report, to make sure you are getting what they say you are getting and do your research on car value in clean condition and cost of parts before you get yourself too deep under the water. Good Luck!.