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Looking For the Best Deal on a Used Motorcycle? Try an Auction House

Multiple motorcycles inside a warehouse

Danny Reyes, Shipping Specialist, rider advocate, Angels fan and tailgate warrior. danny@motorcycleshippers.com

 

 

Nothing feels better than getting an awesome deal on a motorcycle. Every once in a while, a rider will get the deal of a lifetime with a lucky “barn find.” Some prefer eBay, Craigslist and other online platforms where you buy directly from the owner. But a lot of riders we know swear by another route: motorcycle auction houses.

There are many types of auctions, all with varying standards. First, there are the luxury collector auctions: the Christie’s of motorcycles. Bonhams and Mecum Auctions are the two best known. Bonhams holds the record for the most expensive motorcycle ever auctioned off ($979K for a 1951 Vincent Black Lightning). Mecum holds the record for the largest ever motorcycle auction.

If you’re a collector looking for the world’s rarest motorcycle or a rider who loves to check out mint condition vintage rides, these auction houses are for you. But if you’re looking to snag the best deal—and judging by this article’s title, we’re guessing you are—then let us guide you to the best auction houses for doing just that.

(Want to snag an unforgettable motorcycle barn find? Read our guide.)

The top auction houses for the best used motorcycle deals

With the rise of all things Internet, it’s no surprise that motorcycle auction houses have popped up online. Many of these auction houses sell motorcycles at cheap prices—and we mean cheap. Some bikes are damaged and/or salvaged; others aren’t. But if you know where to look, what to ask and how to ship your motorcycle once you buy it, auction houses can be the ultimate source for a “once in a lifetime” deal.

First, a quick primer on how online motorcycle auction houses work. In general, the major platforms require the same set of steps before you can bid.

  1. Join the platform
  2. Pay a fee or deposit to start bidding
  3. Submit a business license or find a broker (if applicable)

If you’re bidding on a “no license required” vehicle, you can skip this step. You just need a government-issued ID and the minimum required deposit. You’ll have to pay sales tax on this motorcycle. Want to buy a motorcycle that requires a business license? Then you’ll have to register as a business or use a broker.

Sample Auction Bid
  1. Search vehicles
  2. Join auctions
  3. Place your bid
  4. Pay and pick up your vehicle

These seven steps are fairly standard, though as you’ll see, pricing can vary significantly depending on which platform you use. Which auction house is hiding the best deals on used motorcycles? Start by exploring these three auction houses, which are used often by our customers. (Our customers have also found good deals on CrankyApe, but its list of “Auction” and “Buy Now” motorcycles is looking a bit thin at the moment.)

1| CoPart

CoPart is a 100% online auction house with more than 175,000 vehicles in its daily inventory. Salvage buyers, dealers, body shops, dismantlers and riders all visit CoPart to find used motorcycles. You can find great deals here, but in order to bid, you need to either put down a deposit or upgrade to a Premier account. Here are a few other details to keep in mind about buying a used motorcycle on CoPart.

CoPart also offers a mobile app that lets you bid anytime, anywhere.

2| CrashedToys

2019 Indian Auction Bike

CrashedToys was acquired by CoPart in 2013, which is when they began using the CoPart digital platform to expand its capabilities. When you register for CrashedToys, you’ll be required to pay the same fees as on CoPart. CrashedToys has four locations around the U.S.—Sacramento, Atlanta, Minneapolis and Dallas—and has around 1,700 vehicles for sale at any given time. Although it’s much smaller than some of the other auction houses on this list, you can still find good deals on CrashedToys, often with fewer bidders driving up the final price. And as its name implies, the platform specializes in powersports, RVs and boats rather than cars and trucks.

You can also join auctions via the CrashedToys app on Android and IOS.

3| IAAI Auto Auctions

IAAI Auto Auctions often gets compared with CoPart, and for good reason. These two platforms are considered the largest online salvage vehicle auctions. IAAI processes 2.5 million total-loss, damaged and low-value vehicles on its platform annually, and it has more than 200 physical locations across the U.S. and U.K. Like CoPart, IAAI markets itself to dismantlers, body shops and the public. But how does IAAI compare to CoPart? For one, it has fewer motorcycles in its inventory. That doesn’t mean you won’t find a deal there, but the number of bikes to choose from is significantly lower.

You can participate in auctions or purchase vehicles instantly on the IAAI app for Android and IOS.

How to ship your motorcycle from the auction house

Some riders prefer to bid on motorcycles located in their neck of the woods. However, by expanding your geographic limits, you have a much better chance of finding the motorcycle you want at a great price. Because the major auction houses are all online, you’re only limited by your ability to ship the motorcycle to your door. That’s what Motorcycle Shippers does best.

We often get calls from clients who need to coordinate shipping for a motorcycle purchased on CoPart, CrashedToys or IAAI. We’re happy to help you do that. But as you bid on your motorcycle, keep these tips in mind.

Before you bid, ask the auction house these questions:

Kawasaki ZX10 on Liftgate

Once you purchase your motorcycle via an auction house:

Information that Motorcycle Shippers needs when you book us to transport your bike:

Motorcycle Shippers has helped countless riders get their motorcycles from the auction house to their door. We’re here to make the process easy from beginning to end. Are you ready to transport your new (used) motorcycle? Get a free quote online. There’s no hidden fees and no hassle. As long as the motorcycle you buy is in the U.S. and its forks and tires are undamaged, we can transport your bike from any of the major auction houses—all at a flat rate that still ensures you get the best possible deal.

 

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