Quick Summary

Lfbauctions is a legitimate online auction platform specializing in repossessed vehicles. After testing the platform extensively, we found it offers genuine inventory from banks and lenders, with transparent bidding and reasonable fees. While not perfect, it's a solid option for dealers and individual buyers looking for repo vehicles.

Important: Always inspect vehicles during the inspection period. Auction purchases are typically "as-is" with limited return options.

Pros

  • Real inventory from banks & lenders
  • Transparent bidding process
  • Detailed condition reports with photos
  • 48-hour inspection period for most vehicles
  • Nationwide shipping options available

Cons

  • 5% buyer's fee on all purchases
  • Limited luxury/import selection
  • Some vehicles need significant repairs
  • Dealer competition can drive up prices
  • Registration transfer can be slow

Lfbauctions Key Features

Vehicle Search & Filters

Advanced search by make, model, year, location, and price range. Save searches for notifications.

Detailed Condition Reports

Each vehicle includes 50+ photos, repair estimates, and mechanical inspection notes.

Proxy Bidding System

Set your maximum bid and the system automatically bids up to that amount for you.

Buyer Protection

48-hour inspection period. Dispute resolution for misrepresented vehicles.

7 Proven Bidding Tips for Lfbauctions

1. Research Market Prices

Check KBB and local listings to know the true market value before bidding.

2. Use Proxy Bidding

Set your maximum bid early and let the system bid for you strategically.

3. Bid at Odd Times

Auction activity is lowest early mornings and late nights.

4. Factor in All Costs

5. Inspect Immediately

Use the 48-hour inspection period. Take to a mechanic if possible.

6. Check Vehicle History

Run a Carfax or AutoCheck report using the provided VIN.

7. Start Small

First-time buyers should start with lower-priced vehicles to learn the process.

Final Verdict: Is Lfbauctions Worth It?

Rating: 4.8/5 ⭐⭐⭐⭐⭐

Lfbauctions is a legitimate and well-run auction platform for repossessed vehicles. While it's not perfect (the 5% buyer's fee adds up), the transparency, vehicle selection, and buyer protections make it a solid choice.

Best For: Used car dealers, mechanics, and experienced individual buyers who understand auction risks and can handle minor repairs.

Not Recommended For: First-time car buyers or those looking for perfect, ready-to-drive vehicles without any issues.

Start Bidding on Lfbauctions