Benefits of Selling Used Items on IBID

Do you have items you’ve never used or rarely use? Whether they’re gadgets, cars, or motorcycles? Instead of just letting them sit around unused and cluttering up your home, it’s better to sell them. On IBID, you can list anything for sale with an easy process.
Do you have items you’ve never used or rarely use? Whether they’re gadgets, cars, or motorcycles? Instead of just letting them sit around unused and cluttering up your home, it’s better to sell them. On IBID, you can list anything for sale with an easy process.
Registration is free and secure. Additionally, IBID will do its best to ensure items listed for auction sell at the best possible price.
5 Benefits of Selling Used Items on IBID
1. Easy Registration
The process of registering items for consignment sale on IBID is simple and done entirely online via the IBID website or app. You can even sell large quantities of items at once, whether you’re an individual or a business. Most importantly, choose the nearest IBID branch to make it easier to ship your items.
2. Competitive Selling Prices
You can get a competitive starting price based on the condition of the items you’re consigning. If you’re unsure, you can use the auction price recommendation from the Market Auction Price (MAP) feature to ensure you don’t set the price too low or too high.
On the other hand, IBID’s competitive auction process also allows items to sell for high prices, given that there are over 500,000 IBID users ready to bid.
3. Supported by Inspection Services
Every item on IBID is inspected first before being auctioned. So, you don’t have to worry that items you’ve consigned will be priced too low even though they’re still in good condition. This is because the inspection results also serve as a key factor in determining the price.
For used motorcycles and cars, inspection results are presented in the form of grades—ranging from A to E—and can be easily checked in the item’s detailed information.
4. Items Are Offered to Auction Participants
One of the main differences between selling an item yourself and consigning it through an auction house is how the item is offered.
At IBID, items are added to the auction schedule and can be bid on by any interested participant. This bidding mechanism ensures that prices are determined through the auction process, rather than through negotiations with a single potential buyer.
This way, you don’t have to spend time replying to numerous messages or engaging in repeated negotiations with potential buyers, as you would when selling items through an online marketplace.
5. Disbursement of Proceeds from Sales
Once an item has been successfully sold and the entire payment process from the winning bidder is complete, the proceeds from the sale will be processed immediately. At IBID, funds are disbursed 2 business days after full payment for the auctioned item.
This process is certainly an important factor to consider before choosing a consignment service. Make sure you understand the disbursement terms and applicable fees for the items to be auctioned.
How to Consign Items for Sale at IBID
There are two consignment services at IBID: automotive consignment for used cars and motorcycles, and non-automotive consignment for lifestyle products, heavy equipment, scrap, and real estate. Here are the steps involved in the consignment process.
- Open the IBID app or visit the page https://www.ibid.astra.co.id/
- Log in to your IBID account or register first if you don’t have one
- If you want to sell a used car, fill out the automotive consignment form, then select an IBID branch and your preferred inspection schedule
- The IBID team will contact you shortly to confirm the auction item and inspection schedule within 2x24 hours (business days)
- After the inspection, the IBID team will provide a recommended base price
- Next, fill out the cooperation agreement form between the consignor and IBID
- Select your preferred auction date
- Monitor the auction live on the IBID website or app
Next, you must bring the used car to be auctioned to the selected IBID branch. If the used car sells, the IBID team will confirm the payment.
Funds will be transferred to your registered bank account 2 business days after the auction item is sold. Each auction item sold will be subject to a consignment fee of 2.5 percent of the final sale price.
These are some of the benefits you’ll enjoy when consigning used items for sale at IBID. As an auction house, IBID will continue to innovate, create new opportunities, and provide the best service for both consignors and bidders.
IBID is one of the business units of PT Serasi Autoraya (SERA) operating in the auction industry for automotive, electronics, scrap, heavy equipment, gadgets, and lifestyle items.
To experience the ease of buying and selling used cars at IBID, try the process directly via the website www.ibid.astra.co.id or the app available on the Play Store and App Store.
Currently, the categories of auction items on IBID are becoming increasingly diverse, including real estate. So, whether you’re a seller or a buyer, you can feel safer and more comfortable.
Don’t forget to follow IBID’s official social media account on Instagram @ibid_balailelangserasi to get the latest auction information and other interesting tips.
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