Tips for Buying a Used Company Car

When buying a used car, many people focus primarily on its physical condition, paperwork, and the maintenance history provided by the previous owner. However, there is one crucial factor that is often overlooked: whether the car was privately owned or part of a company fleet.

It’s worth noting that most used cars on the market come from two primary sources: private owners and company fleets that have reached the end of their service life.

Many people assume company cars are in poor shape—“worn out” vehicles with high mileage.

But that’s not always the case. A car’s condition depends not just on mileage, but also on how well it’s been maintained.

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The Advantages of Buying a Used Company Car

Buying a used company car actually comes with several benefits, such as:

1. Wider range of vehicle options

Companies usually release entire fleets of vehicles once they’ve reached the end of their economic life.This means you will find a wide variety—from city cars, sedans, and MPVs to SUVs, trucks, and even buses. 

2. More competitive pricing

In general, company cars tend to be priced more affordably than privately owned vehicles.Especially when compared to private cars sold through used-car showrooms.

3. Lower tax costs

Used company cars often have a lower Motor Vehicle Sales Value (NJKB), which means lower annual vehicle taxes. In some regions, they may even be exempt from progressive tax.

On top of that, many company cars are in better condition thanks to regular, scheduled maintenance. So, it’s time to let go of the myth that company cars are always in poor condition.

See also: Timed Vs. Flash Auction on IBID: What’s the Difference

The Drawbacks of Buying a Used Company Car

Of course, beyond the advantages, company cars also come with certain drawbacks. Unlike private cars, selling a company car requires a formal Letter of Release of Ownership from the company.

The challenge is that this document can sometimes take time to process.Yet this paperwork is essential if the new owner wants to officially transfer ownership to their name.

In terms of condition, while company cars are usually well-maintained, their heavy usage and higher mileage often give them the reputation of being “worn-out,” making some buyers hesitant.

Buy a Used Company Car through IBID Auctions

But you don’t need to worry about the condition when buying through IBID auctions. Every car is thoroughly inspected beforehand by experienced professionals from Astra Car Valuation (ACV).

Inspection reports are presented transparently, with grading from A (excellent) to E (poor). This grading system ensures cars are priced fairly according to their condition—helping you buy with confidence.

See also: 5 Types of Items You Can Consign through IBID

At IBID, you will find a wide selection of car brands and models across different years, giving you the freedom to choose based on your needs and budget.Prices are highly affordable—with some cars starting underRp50 million. 

To help you gauge market values, the IBID app features a Market Auction Price (MAP) that displays estimated market prices for used cars.

IBID also offers flexible financing programs with low down payments and installments of up to 48 months.Payments are made simple through virtual accounts. For added peace of mind, you can also track the pickup status of your car and its BPKB, the vehicle ownership document. 

So, if you want a well-maintained company car at a fair and competitive price, join an IBID used car auction.

IBID is a business line of PT Serasi Autoraya (SERA), operating in automotive, heavy equipment, gadget, and lifestyle auctions. Known for professionalism and reliability, IBID also stands out for its hassle-free auction process.