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It’s no secret that cars are one of the most comfortable ways to get around in a tropical country like Indonesia. That’s why owning a car is a dream for many people.
Since new cars are quite expensive, used cars can be an alternative to owning one. But buying a used car can be worrisome, especially if you’re not sure about its condition. Most people are concerned they’ll end up with a used car that has hidden problems.
It was all in the past. Now, you don’t need to worry. You can buy used cars through auctions at IBID. IBID offers a transparent auction process along with a systematic report on the car’s condition using a grading system from A to E. Here are some of the main benefits.
IBID offers many car brands and models from various years, so you have more options based on your budget and preferences. The prices are competitive, and some cars are even available at under Rp50 million.
See also: Pros and Cons of Buying an Old Used Car
One of the biggest benefits of buying a used car at an IBID auction is the comprehensive inspection by Astra Car Valuation (ACV). The inspection covers the car’s physical condition and the legality of its documents.
It uses a grading system from A (best) to E (lowest), and the results are shared openly. Such a system helps make sure that each car is sold fairly based on its condition, so you don’t have to worry about making the wrong decision.
You can also find out the market price of the car you’re interested in through the Market Auction Price (MAP) feature. Additionally, IBID offers financing options with low down payments and loan terms of up to 48 months.
Payments can also be made through virtual accounts. For extra security, you can track the pickup status of your car and BPKB (Motor Vehicle Ownership Certificate).
Used car auctions are held live on the IBID platform based on the schedule of each auction branch. In Jakarta, IBID holds an auction every Wednesday and Saturday. Auctions at IBID are safe because they are supervised by the Directorate General of State Assets (DJKN) under the Ministry of Finance of Indonesia.
Joining an IBID auction is easy. Download the IBID app on your mobile device and log in as an individual or a business.
See also: 3 Things to Do After Winning an IBID Auction
If you don’t have an account, you will need to register first. Next, type the brand and model of the car you want in the search box. Pick your desired car and review its details and auction information.
After that, purchase a Bidding Number (NPL) by following these steps: Choose your desired car, then select the NPL type. Pick the auction location, date, and number of NPLs you want to buy.
Note that 1 NPL can only be used for 1 auction object. Double-check your NPL purchase before making the payment. After the payment is successful, you are officially a bidder.
Then, you can join the auction as scheduled and place your best bids. If you win the auction, you have up to 5 working days to complete the payment.
If you lose the auction, your NPL deposit will be fully refunded within 3 working days.
See also: Buying a Used Car with a Loan at IBID: Check Out the Requirements
Ready to experience a used car auction at IBID? IBID is a subsidiary of PT Serasi Autoraya (SERA), dealing in auctions of vehicles, heavy machinery, gadgets, and lifestyle products. IBID is not only professional and reliable IBID also makes the auction process simple.
You can bid online with the live auction feature on the IBID app. Download it from the Play Store and App Store. For more information, visit www.ibid.astra.co.id