Once we’ve created your account, you can login through the buyer login page.
In the top right corner, click your name, and then click settings.
Here you can choose when you want to be notified and when you’d rather not. That way, you can stay in the loop without having to be too in the loop.
We don’t want you to miss out on the cars you’re buying and selling. But we don’t want you to get so many notifications you miss out on everything else, either.
Click the Auctions tab to see all the cars in today’s auction and any early listings for tomorrow’s auction.
From this page, you also have the option to see recent auctions.
Here you can access all of the cars you’ve purchased, are negotiating for, and have bid on in one place.
For buyers with the Carmigo Direct tool installed on their website, this tab will allow you to have the first shot at any cars coming onto the marketplace through your dealership’s website.
The Arbitrations tab allows you to see status updates for any vehicles you have filed an arbitration form for.
Click on each tab for its contents
Here you can access all of the cars you’ve purchased, are negotiating for, and have bid on in one place.
This tab allows you to see status updates for any vehicles you have filed an arbitration form for.
Read the full arbitration policy here.
Each day’s auction ends at 2 PM Central, though we’ll add cars until 11 a.m. the day of the auction close.
A seller’s reserve price is the lowest price a car can automatically sell for. If the reserve is met or exceeded at the conclusion of the auction, the sale will automatically trigger, and Carmigo will begin processing payment and paperwork.
Buyers can pay the reserve price to skip the entire auction process and trigger an immediate sale. This option is removed when bids are within $500 of the reserve or the auction is 30 minutes from close.
Bids are made in $100 increments and can be made from the auction page or from an individual vehicle listing. Bids can be placed on your Buyer Dashboard as well as long as you have previously bid on the vehicle.
Carmigo will automatically rebid for you, so you don’t have to stay glued to your screen all day. Simply set your maximum bid, and we’ll automatically rebid in $100 increments each time you are outbid up to your maximum.
Each listing contains a detailed condition report for the vehicle, additional condition declarations and upgrades, and photographs taken with our AI inspection tool.
The auction closes each business day at 2 p.m. central time. Each time a new bid is placed within the last minute of an auction, that listing timer will be reset to 60 seconds.
If you have the highest offer and surpass the reserve price at auction close, the transaction will process immediately.
If the reserve price is not met, the Carmigo team will send the highest offer to the seller. In some cases the seller will be able to counter offer, which the buyer can then accept or deny.
As soon as a sale is complete, our team goes to work paying off the vehicle’s loan, securing the title, and transferring it to your dealership.
File cosmetic arbitrations within one day of receipt, and mechanical arbitrations within three days of receipt.
Buyers can purchase extended arbitration on a vehicle-to-vehicle basis.
Click here to sign up to buy and sell on Carmigo. Our team will review your application and get you set up on our marketplace. We’ll reach out with next steps within a business day.
