where are the car auction sites in india and why do the all fail and leave ?

Join Date: May 2023

Location: India

Posts: 7

Thanked: 7 Times

After Copart India left, I person tried and ne'er managed to find an auction tract for "total loss" security vehicles. I person recovered respective that don't exposure their inventory, hiding down a paywall and looking shady, to accidental the least.

I americium alert of the MSTC India auction site, but it concerns itself lone with a subset of security companies that are government-owned. In 2024, astir radical person the consciousness to debar authorities security owed to their archaic processes.

From speechmaking each the "total loss" posts connected Team-BHP, it appears the process is astir arsenic follows: the conveyance should stay astatine the dealership until a suitable scrap purchaser is recovered by the security company. From there, the scrap purchaser takes the car and makes a outgo of the scrap value, which is negotiated by the security institution straight to the proprietor of the vehicle. This is precise odd, to accidental the least, and sounds similar immoderate benignant of loophole the security companies successful India person figured retired to indemnify themselves.

Are these "scrap buyers" that the security companies find purely done connection of mouth, and hence relegated to a monopoly of a fewer who person these connections with these security officials? This sounds contradictory to their concern involvement of getting the highest rupee worth for the scrap car, the quality of which from the IDV worth they person to foot. It seems successful their champion involvement to person a bidding process and springiness it to the highest bidder, adjacent if they don't attraction for integrity and a just process.

Is each of this done wholly offline? Is determination immoderate online bidding process? If it is so offline, wherever tin I find these locations wherever radical bid connected these salvaged vehicles?

My extremity is to get a salvaged electrical conveyance (scooter/car) to salvage the artillery from it, but I person been disappointed by the deficiency of accessibility regarding however this process works. I person decidedly seen radical posting spare parts of salvaged Tiago EVs and Ola scooters, but they extremity up asking a ridiculous amount, making it uneconomical erstwhile I privation much than conscionable the artillery to reverse the power signals of the BMS.

Thanks for your time, and I anticipation idiosyncratic tin shed immoderate airy connected this.