Many companies usually own a fleet of company cars. Employees use these vehicles for operational purposes to support the execution of tasks and functions.

After being used for a period of time, the vehicles’ economic value significantly decreased, making them a burden on a company’s or institution’s operations.

This is because companies or institutions often have to spend more on service or maintenance as the condition of the cars declines.

To save costs, many companies eventually decide to sell these cars. One of the easiest and fastest ways to sell company cars is through auctions, and IBID is the auction platform you can always trust.

Advantages of Selling Company Cars at IBID

Legally Valid

Indonesia has plenty of auction housesbut not all are legitimate. IBID auctions are guaranteed safe. IBID is officially registered, licensed, and supervised by the state through the Directorate of Auction, Directorate General of State Assets (DJKN), Ministry of Finance of the Republic of Indonesia.

Free Registration

Consignment registration at IBID is free and can be done at any time. IBID branches are widely spread across major cities so that you can choose the one closest to you.

In addition, IBID can also accommodate companies seeking to sell their official cars of the same type in bulk.

All-Condition Vehicle Eligibility

Some dealers or used-car showrooms may refuse to accept cars for various reasons, such as accident history, high mileage, or older models. IBID, however, accepts company cars of any type and condition.

Flexible Auction Methods

You can choose flexible auction schedules. Cars are usually auctioned in real time at Live Auctions or via live streaming in Flash Auctions.

IBID even has 5,000 active buyers across all auction categories, ensuring your car attracts plenty of interest.

Prepared Units

To avoid potential damage during auctions, cars need to be taken to IBID branches or car lots. This facilitates interested bidders to inspect the cars directly.

It’s also practical for companies that don’t want to keep unused cars parked for long periods. For added security, IBID car lots are monitored 24/7 by security guards and CCTV. 

Competitive Selling Price

Cars auctioned at IBID are sold as is.However, servicing or minor repairs can help optimize the selling price.

You will also get a competitive price based on inspection results, covering components and vehicle documents.

Final pricing is objectiveand determined through agreement with the consignor, allowing companies to secure profit margins.

Payment via Virtual Account

One of IBID’s advantages is the bulk consignment sales. Consignors are charged fees based on the number of units sold.

Payments can be made via virtual accounts or e-wallets to PT Balai Lelang Serasi. This ensures that payments go directly to the company, not IBID employees or unauthorized individuals. 

Fast Fund Disbursement

Funds for sold units are disbursed quickly. Payments to the consignor are made no later than H+2 working days after the winning bidder completes settlement. The money is directly transferred to the consignor’s bank account.

Process of Selling Company Cars via Auction 

Selling company cars through IBID auctions is very easy: Fill out the consignment form on the website (ibid.astra.co.id) or the IBID app (Play Store, IOS App Store and Huawei AppGallery).

Next, complete your details, including your telephone number, bank name and account, and a photograph of your ID card. Afterward, fill out the form for the car you want to auction off.

You can visit an IBID branch near you according to the inspection schedule you selected. Cars will be inspected by Astra Car Valuation (ACV) officers to determine the car’s grade (very good, good, fair, poor, or very poor). 

After the inspection, the ACV officers will provide detailed results and recommend prices that you can select. If an agreement is reached, your car will be immediately auctioned off at the next available auction, either Live Auction, Timed Auction, or Flash Auction. 

These are some of the advantages of selling company cars through IBID auctions, along with the easy consignment process. As an auction house, IBID continues to innovate, create new opportunities, and provide the best service to consignors and bidders.

IBID is a business unit of PT Serasi Autoraya (SERA) that specializes in auctioning vehicles, electronics, heavy equipment, gadgets, and lifestyle goods. Known for its professionalism and reliability, IBID also offers a simple, hassle-free auction process.

As an auction house, IBID continues to innovate, create new opportunities, and provide the best service to consignors and bidders.

Today, IBID’s auction categories are more diverse, including property. Whether you’re a seller or buyer, you can feel more secure and confident.

Download the app from the Play Store and App Store. Don’t forget to follow IBID’s official social media on Instagram: @ibid_balailelangserasi for the latest auction updates and useful tips.