The first of a series of new online auction sites to launch in Australia this week will focus on automotive parts that are in demand, with bids being accepted by Friday.
Auctioneer Richard Gwynn will offer car parts for sale through an online platform that allows members to bid on and bid against each other.
The bidding process is designed to encourage competition, as the price of parts can vary wildly between sellers.
The website is the brainchild of a group of car enthusiasts who started the bidding process online and have since become increasingly interested in buying cars and parts online.
The online auction site is called the Car Parts Marketplace and it offers a variety of different car parts including the body panels and exhaust pipes.
The cars that are auctioned include the Ford F-150 Raptor, Porsche 919 Cayman, Mercedes-Benz SL500, Lexus LFA, BMW M3 and Honda Accord.
There are also parts for the Nissan Rogue, Audi A3, Volvo S60, Mercedes Benz C63, Jaguar XKR, Mercedes S-Class and Jaguar XJZ.
In addition to cars and other vehicles, some of the parts on offer include door panels, air conditioning systems, brake pads, and other parts that have been specially designed to withstand extreme temperatures.
There is also a large range of wheels, tyres, and body panels.
Gwynn says he is excited about the potential for the platform to expand the bidding possibilities of car buyers.
“The market is very competitive right now, with the competition from China and India, so there’s a lot of interest in these vehicles,” he said.
The first online auction to launch nationally will start at 3pm AEST on Friday, with more auctions to follow.”
It is also very easy to bid and it’s a really good way to build up your collection.”
The first online auction to launch nationally will start at 3pm AEST on Friday, with more auctions to follow.