IAAI Auction, officially known as Insurance Auto Auctions, Inc. (IAA), is a leading live and live-online salvage auto auction company.
This platform allows qualified buyers to bid on a vast array of vehicles, from damaged and low-value cars to high-value collectibles.
This article will guide you through what IAAI Auction is, how to download and log in, its fee structure, and a brief history of the company.
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What is IAAI Auction?
Insurance Auto Auctions, Inc., or IAAI Auction, is one of the leading North American salvage auto auctions with the largest facility footprint.
The platform specializes in selling vehicles that have been declared total losses due to collision, theft, flood, or other events.
While the majority of these vehicles are sold for their parts or scrap metal, others can be repaired and returned to the road.
How to Download and Login to IAAI Auction
To access IAAI Auction, you’ll need to download the IAA Buyer App available for both Android and iOS devices. Here’s how:
For Android Users:
- Visit the Google Play Store: On your Android device, navigate to the Google Play Store.
- Search for the App: Type “IAA Buyer App” into the search bar.
- Download the App: Click on “Install” to download the app to your device.
For iOS Users:
- Go to the App Store: On your iPhone or iPad, navigate to the App Store.
- Search for the App: Type “IAA Buyer App” into the search bar.
- Download the App: Tap “Get” to download the app to your device.
After downloading the app, you need to create an account or log in if you’re an existing user. To log in, simply open the app, enter your registered email or buyer number and password, and tap “Log In.”
Understanding IAAI Auction Fees
IAAI Auction charges various fees, which typically include an Auction Fee, Payment Fee, and optional services like shipping and storage.
The Auction Fee varies based on the final auction sale price of the vehicle, while the Payment Fee is based on the payment method used.
It’s advisable to review the detailed fee schedule on the IAAI website to understand the costs involved before making a bid.
History of IAAI Auction
IAAI Auction was founded in 1982 and has grown significantly since its inception. Today, the company boasts more than 200 auction facilities across North America, serving a wide range of sellers including insurance companies, dealerships, rental car companies, and fleet lease companies. In 2019, IAAI Auction separated from KAR Auction Services, becoming an independent public company.
In conclusion,
IAAI Auction is a major player in the salvage auto auction industry, offering a wide array of vehicles to a diverse buyer base. Understanding how to download and log in to the IAAI Auction app, as well as being aware of the associated fees, can help you make the most of your IAAI Auction experience.
