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Motorcycle and car auction - See the right way to buy and save

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Many people are interested in a motorcycle and car auction due to the possibility of acquiring a vehicle at low prices. In other words, below market value. But despite this, it is necessary to know some points and take some precautions. 

That way, before you go out bidding on an item that you think is advantageous, wait! Currently, there are several websites on the internet that conduct auctions. However, do you know if they are all safe?

In this content, we will explain to you how a motorcycle and car auction, which points you can't miss in this purchase and also, some tips on this type of acquisition. Did you like it? Then check out the next topics: 

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How does a motorcycle and car auction really work?

For simplicity, we can say that a motorcycle and car auction it is a public sale of these items that, for some reason, were seized by some transit authority. Therefore, each vehicle undergoes certain revisions before going on sale. 

As a result, each vehicle is open for initial bids, and auction participants increase bids according to their interest in the merchandise on display. With the time limit or no higher bids, the highest bidder wins, and keeps the bike.

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It is worth mentioning that, like other auctions, the motorcycle and car auction is carried out by an official auctioneer. That is, he is not the owner of the vehicle, but a person at events organized by banks or by the Detran.   

How is the vehicle categorization done according to the Law?

to understand the motorcycle auction and cars, segundo o Código de Trânsito Brasileiro, aquele carro ou moto que for apreendido ou removido, o dono tem um prazo de  70 dias para se manifestar. Depois disso, ele entra para leilão.

Therefore, the CTB can classify the motorcycle into two categories: Preserved (when it has conditions for safe use) and Scrap (when the vehicle is not able to travel). However, care must be taken. 

This is because even vehicles in the Preserved category can have some problems and, consequently, do not compensate for their cheaper price. However, there are also vehicles that were seized only for irregularities in the documentation. 

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Can auction bikes run normally?

When purchasing your vehicle from motorcycle and car auction and verify that it has the mechanical conditions to travel safely on the streets, it's time to understand how the bureaucratic parts work. That is, the vehicle documentation. 

You should know that, depending on the origin of the vehicle, it is necessary to re-register it at the Detran and pay the IPVA for the year. Therefore, it is important to have as much information as possible about the vehicle before placing your bid. 

Finally, it is worth mentioning that vehicles categorized as scrap can only be purchased by dismantling sites. Thus, they are not entitled to documentation and cannot travel. Detailed information about these rights can be found in article 328 of the CTB.

Check out some tips that will help you at the auction of motorcycles and cars

Below is a list of some tips for your motorcycle and car auction. Thus, you can briefly know the main points that you cannot miss in your evaluation, as well as in your bids. Look:

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Know that when purchasing your vehicle at motorcycle and car auction, its regularization requires the same documentation as any vehicle. Both in virtual and face-to-face auctions. To enter everything, just go to the Detran. 

In general, the process of reviewing personal and auctioneer documentation takes about 90 days. Also, do not forget that, after the purchase, the period is 30 days to deliver the bill of sale to the agency.

If you pass this 30-day period, you will receive a fine and also 3 points in your wallet. Therefore, investigate debts in advance and be financially prepared to pay the IPVA amount for the year you bought the motorcycle.  

Know where to buy your motorcycle saving on auctions

In this content, we will mention two modalities of motorcycle and car auction that you can participate: The judicial auction and the Federal Revenue. If you like to follow content like this, be sure to visit our page News

In the judicial auction, you must accessr the website over the internet and check the available lots, which are present throughout the year. This auction takes place both online and in person. One tip is to keep an eye on your state's Detran website. 

As for the Federal Revenue auction, in addition to registering to participate and validating the operation of your bid, you will need to have a digital certificate, which is a kind of electronic file. Other than that, it works normally.