Selling a car at auction thru a dealer. Safe to sign over title beforehand?

Asked by samgeds Jul 14, 2013 at 01:00 PM about the 2011 MINI Cooper S Hatchback

Question type: General

I am sellign my car at MAnheim auction, a dealer is providing this service for me for a
fee. He has said that it would be much easier to sell with title in hand at the auction, ie
he wants me to sign the car over before the auction takes place. This makes sense to
me as if you are a buyer you want to be able to take the car away then and there. It
does make me worried though, is it safe to do this? I do have a contract with the dealer
re the auction and the fee he is charging me, so perhaps i should not be worried. Does
anyone have any experience in this area?

2 Answers
47,415

Racer_X answered 10 years ago

Although I've never done this before, I don't see any red flags, per se from from description. As long as the Dealer is a reputable one (and not some shady little roadside small dealer) AND you have a contact in hand that's signed by both parties regarding the terms & conditions of the auction sale that protects you and guarantees your payment minus their fee...I think you'll be fine, IMO. Best of luck to you!

2 people found this helpful.
Best Answer Mark helpful
4,995

nosmo answered 10 years ago

i would set a reserve before i sell a car because who knows you might not get lucky and only get $2000. just set a reserve on a price you want and then drop the reserve once you reach a price you feel comfortable with. good luck

Mark helpful

Your Answer:

Related Questions

Own this car?

Share your experience with others.

2011 MINI Cooper

Write a car review

Review another car

Shortcuts

Search MINI Cooper Questions

CarGurus Experts

  • #1
    GuruYVCJF
    Reputation
    3,830
  • #2
    Mark Weiner
    Reputation
    1,810
  • #2
    Rick Turgeon
    Reputation
    1,810
View All

Know more, shop wisely

Search

Related Models For Sale

Used MINI Countryman
251 Great Deals out of 4,213 listings starting at $4,488
Used MINI Cooper Clubman
100 Great Deals out of 972 listings starting at $3,990
Used Volkswagen Beetle
134 Great Deals out of 1,608 listings starting at $900
Used MINI Cooper Coupe
10 Great Deals out of 85 listings starting at $5,000
Used Jeep Wrangler
3,017 Great Deals out of 61,952 listings starting at $3,000
Used Honda Civic
1,319 Great Deals out of 28,880 listings starting at $1,299
Used Mazda MX-5 Miata
146 Great Deals out of 2,748 listings starting at $2,995
Used Ford Mustang
990 Great Deals out of 21,326 listings starting at $2,000
Used FIAT 500
70 Great Deals out of 770 listings starting at $3,300
Used Volkswagen Golf GTI
177 Great Deals out of 3,743 listings starting at $4,499
Used BMW 3 Series
1,135 Great Deals out of 12,646 listings starting at $700
Used Porsche 911
378 Great Deals out of 4,053 listings starting at $14,500
Used Toyota Camry
1,879 Great Deals out of 30,666 listings starting at $950
Used MINI Roadster
3 Great Deals out of 45 listings starting at $7,798
Used Toyota Tacoma
2,120 Great Deals out of 37,767 listings starting at $3,500

Used Cars for Sale

2024 MINI Cooper For Sale
25 Great Deals out of 1,040 listings starting at $22,995
2023 MINI Cooper For Sale
13 Great Deals out of 175 listings starting at $19,950
2022 MINI Cooper For Sale
34 Great Deals out of 331 listings starting at $17,000
2021 MINI Cooper For Sale
24 Great Deals out of 269 listings starting at $17,500
2020 MINI Cooper For Sale
19 Great Deals out of 137 listings starting at $12,995

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.