Whether you’re an insurance adjuster representing an insurance company or an individual seller interested in learning how to sell your salvage semi truck, we’ve assembled a few things to consider before you begin.

Determine Auction Type

There are multiple ways to sell salvage vehicles. Platforms like eBay and craigslist offer the ability to connect buyers and sellers through a credible platform. Auctions provide access to slightly more niche audiences and through active promotion and informal networks, may provide an easier option for finding the right buyer. We may be a bit biased, but online salvage auction sites, that cater to heavy salvage or commercial vehicles, have two pretty big advantages over other types of selling platforms. 

First, auction sites dedicated to helping you sell your salvage semi truck have the ability to reach a captive, niche audience. In a sense, you get the benefit of a built-in audience for your semi truck. Second, you get the benefit of finding bidders not bound by location. Like eBay or craigslist, online auction sites enable you to reach a large audience, actively searching for salvage.  

Establish What Protection You Have as a Seller

As with most platforms devoted to the buying and selling of goods, it’s important to understand what processes and policies are in place to protect you. First, be sure to understand how the site qualifies buyers. We go to great lengths to ensure every buyer on our site has the required proof from their bank that they have the available cash or equal line of credit to make a purchase. We will use the information to verify the identity and financial abilities of active bidders. 

To ensure our bidding process is equitable, we use a blind bidding auction process. This is a common auction type that means each bid is sealed and bidders are unable to see other participants' bids. 

Know What Fees You’ll Need to Pay

It’s important to determine what fees are required to be paid upfront or as part of the sale. Typically, a seller may pay a registration fee, and in some cases, a fee based on the final transaction. The only time a seller may pay a fee on our website, is if the winning bid is awarded to a bidder outside of heavysalvage.com. 

There’s a lot that goes into selling salvage vehicles, but if you break the process down into manageable steps navigating each key decision will make it easy. Have questions? Let us know. We are happy to help you get your salvage ready for auction. 

Sell Your Salvage Semi Truck with Heavy Salvage

Heavy Salvage offers the industry’s most trusted system of buying and selling transportation salvage. We ensure sellers are protected and supported as well as  go to great lengths to follow the guidance set forth by the National Truck & Heavy Equipment Claims Council. Learn more about listing your semi truck salvage today.