{"id":805,"date":"2024-08-04T13:00:00","date_gmt":"2024-08-04T13:00:00","guid":{"rendered":"https:\/\/blogtwincitstg.wpenginepowered.com\/?p=805"},"modified":"2024-08-16T10:07:51","modified_gmt":"2024-08-16T10:07:51","slug":"car-auction-buyers-premium","status":"publish","type":"post","link":"https:\/\/www.remarketspace.com\/blog\/car-auction-buyers-premium\/","title":{"rendered":"Car Auction Buyer&#8217;s Premium: What You Need to Know"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Ever been to a car auction and seen that <strong>buyer\u2019s premium<\/strong> charge? It\u2019s a common fee in the auto auction world. But what is it, and why do auction houses charge it? Learning about this fee can help you make better choices at car auctions.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-1024x683.png\" alt=\"\" class=\"wp-image-806\" srcset=\"https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-1024x683.png 1024w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-300x200.png 300w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-768x512.png 768w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-840x560.png 840w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-120x80.png 120w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-360x240.png 360w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image-600x400.png 600w, https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/image.png 1380w\"><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-takeaways\"><strong>Key Takeaways<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A buyer\u2019s premium is an extra charge added to the winning bid at an auto auction. The buyer must pay it.<\/li>\n\n\n\n<li>Auction houses charge this premium to cover their costs and make sure customers have a good experience.<\/li>\n\n\n\n<li>Buyer\u2019s premiums can be a percentage of the bid or a flat fee.<\/li>\n\n\n\n<li>Knowing about the buyer\u2019s premium helps you plan your budget and bid wisely at car auctions.<\/li>\n\n\n\n<li>Looking into the auction house\u2019s policies and negotiating the premium could save you money on your next car.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-understanding-the-car-auction-buyer-s-premium\"><strong>Understanding the Car Auction Buyer\u2019s Premium<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-definition-and-purpose\"><strong>Definition and Purpose<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In car auctions, the buyer\u2019s premium is an extra fee. It\u2019s added to the final price of an item. This fee is a percentage of the hammer price and is key in the auction world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The main reason for the buyer\u2019s premium is to make money for the auction house or seller. It covers costs like marketing, admin fees, and catalog production. It also encourages auction houses to get high-quality items and attract sellers by adding to their profits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing about the <strong>buyer\u2019s premium definition<\/strong> and its <strong>purpose<\/strong> is vital for buyers and sellers in the <strong>auction industry<\/strong>. It helps everyone understand the financial side of auctions.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Aspect<\/strong><\/td><td><strong>Description<\/strong><\/td><\/tr><tr><td>Definition<\/td><td>The buyer\u2019s premium is an additional fee or percentage that buyers must pay on top of the final hammer price of an item at an auction.<\/td><\/tr><tr><td>Purpose<\/td><td>The primary purpose of the buyer\u2019s premium is to generate revenue for the auction house or seller, helping to cover the costs associated with organizing and conducting the auction.<\/td><\/tr><tr><td>Importance<\/td><td>Understanding the buyer\u2019s premium is crucial for both buyers and sellers in the auction industry, as it helps navigate the complexities of car auctions and the financial implications of the transaction.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-car-auction-buyer-s-premium\"><strong>Car Auction Buyer\u2019s Premium<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The car auction world centers on a key idea: the<strong> buyer\u2019s premium. <\/strong>This extra charge is added to what buyers pay, making the total cost higher. After an item is sold, the price from bidding is called the <strong>hammer price<\/strong>. Then, the auctioneer adds a percentage or a flat fee, making the total price for the buyer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The buyer\u2019s premium is crucial for auction houses and sellers. It\u2019s a main way for them to make money. Sellers get more from the sale price because of this fee. Buyers need to think about this fee when they plan their budget for auctions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-understanding-the-buyer-s-premium\"><strong>Understanding the Buyer\u2019s Premium<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The buyer\u2019s premium is key in auctions. It helps the seller and the auction house. Adding a fee to the hammer price means more money for the auction house. This money helps cover costs and encourages sellers to bring in quality items.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For buyers, knowing about the buyer\u2019s premium is vital. <a href=\"https:\/\/www.remarketspace.com\/blog\/navigating-auction-fees-extra-costs\/?utm_source=blog+post&amp;utm_medium=organic&amp;utm_campaign=9643+161ST+AVE+NW\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-primary-color\">Navigating auto auction fees and extra costs<\/mark><\/a> helps them decide how much to bid and avoid paying too much. The premium varies by auction and the type of vehicle. Buyers should look into the fees before they go to an auction.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Auction House<\/strong><\/td><td><strong>Buyer\u2019s Premium<\/strong><\/td><\/tr><tr><td>Mecum Auctions<\/td><td>8% of the hammer price<\/td><\/tr><tr><td>Barrett-Jackson<\/td><td>10% of the hammer price<\/td><\/tr><tr><td>Leake Auction Company<\/td><td>8% of the hammer price<\/td><\/tr><tr><td>RM Sotheby\u2019s<\/td><td>12% of the hammer price<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-calculating-the-buyer-s-premium\"><strong>Calculating the Buyer\u2019s Premium<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At car auctions, the buyer\u2019s premium is key to figuring out the total cost. Most often, it\u2019s added as a <strong>percentage-based approach<\/strong>. For instance, if an item has a 10% premium and the hammer price is $1,000, the buyer pays an extra $100. So, the total cost would be $1,100.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-percentage-based-vs-flat-fee\"><strong>Percentage-Based vs. Flat Fee<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Some auction houses use a <strong>flat fee buyers premium<\/strong>. This means a fixed amount is added to the hammer price, no matter the item\u2019s value. This method can be good for buyers, making the total cost clearer and easier to predict.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing how the buyers premium works is crucial at car auctions. It affects the final price of the vehicle. By understanding the different methods, buyers can plan better and make smart choices during the auction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-factors-influencing-buyer-s-premium-rates\"><strong>Factors Influencing Buyer\u2019s Premium Rates<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The buyer\u2019s premium at car auctions can change a lot. It\u2019s important for auction participants to know these factors. This helps them set their budgets and expectations right.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One big factor is the auction house\u2019s policies and practices. Big auction houses usually charge more in premiums than small ones. They offer more services and are well-known. Auctions for luxury items might charge more to make more money from the sale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market conditions also affect premium rates. In competitive markets, premiums might go down as auction houses try to keep customers. But in less competitive markets, they can charge more.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The value and rarity of the item being sold can change premium rates too. Auction houses might charge more for valuable or unique items. They know buyers are willing to pay more for these items.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Factors Affecting Buyer\u2019s Premium<\/strong><\/td><td><strong>Impact on Premium Rates<\/strong><\/td><\/tr><tr><td>Auction House Policies<\/td><td>Larger, established auction houses often charge higher premiums<\/td><\/tr><tr><td>Market Dynamics<\/td><td>Competitive markets may lead to lower premiums, while less competition allows higher premiums<\/td><\/tr><tr><td>Item Value and Rarity<\/td><td>Auction houses may charge higher premiums for high-value or unique items<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing these factors helps auction participants make better choices. It makes navigating buyer\u2019s premiums in car auctions easier.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-tips-for-navigating-buyer-s-premiums-at-car-auctions\"><strong>Tips for Navigating Buyer\u2019s Premiums at Car Auctions<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Going to a car auction can be thrilling and rewarding. But, knowing about the buyer\u2019s premium is key to making smart choices. This extra fee is added to the auction price by auction houses. It\u2019s important to think about this when you\u2019re deciding how much to bid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before you go to an auction, make sure to read the terms and conditions well. Auction houses usually tell you about the buyer\u2019s premium before the auction. This way, you\u2019ll know what extra cost to expect. Understanding the buyers premium helps you plan your budget and set a top bid limit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s also a good idea to look up the market and compare prices. This helps you figure out what the car is really worth, including the buyer\u2019s premium. Knowing the true cost of a car can prevent you from paying too much. It ensures you\u2019re getting a good deal.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Review the auction house\u2019s terms and conditions to understand the buyer\u2019s premium<\/li>\n\n\n\n<li>Research the market and compare prices to determine the fair value of the vehicle<\/li>\n\n\n\n<li>Factor the buyer\u2019s premium into your bidding strategy and set a maximum bid limit<\/li>\n\n\n\n<li>Prepare your budget to account for the additional costs associated with the buyer\u2019s premium<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">By using these tips and understanding the buyers premium, you can feel confident at car auctions. This way, you\u2019ll have a better chance of getting the car you want at a fair price.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The car auction buyer\u2019s premium is key for buyers to know when bidding on cars. It\u2019s how auction houses make money to cover their costs. Understanding how the premium works helps buyers make better choices and feel more confident at auctions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing about this helps avoid surprise costs and makes the auction experience better. Buyers who get the details of the premium can bid smarter and get the cars they want at good prices. This knowledge is key to a successful auction journey.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In summary, the car auction buyer\u2019s premium is vital for buyers to consider. Being informed lets buyers move through the auction with ease and reach their goals, whether they\u2019re experienced or new to auctions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-public-auctions-made-easy-with-twin-cities-auctions\"><strong>Public Auctions Made Easy with Remarket Space<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At <strong><a href=\"https:\/\/www.k-bid.com\/auction\/list?affiliate=353257&amp;utm_source=blog+post&amp;utm_medium=organic&amp;utm_campaign=9643+161ST+AVE+NW\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-primary-color\">Remarket Space<\/mark><\/a><\/strong>, we strive to simplify the public auction process for everyone. You don\u2019t need a dealer license to buy or sell cars here. Our online auctions are designed to be user-friendly and open to the public, ensuring that individuals of all experience levels\u2014from novice buyers to experienced sellers\u2014can participate with ease.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With a focus on transparency and ease of use, we provide all the tools and support you need to confidently participate in the auction process. Start your car buying or selling journey with us today and experience how straightforward and effective our auction system can be!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faq\"><strong>FAQ<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-is-a-buyer-s-premium\"><strong>What is a buyer\u2019s premium?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A buyer\u2019s premium is an extra charge added to the winning bid at an auction. It\u2019s paid by the winner. The auctioneer adds this premium as their way of making money.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-do-auction-houses-charge-a-buyer-s-premium\"><strong>Why do auction houses charge a buyer\u2019s premium?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Auction houses charge premiums to cover their costs. These costs include building rent, heating and cooling, software, ads, staff salaries, and upkeep of equipment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-is-the-buyer-s-premium-calculated\"><strong>How is the buyer\u2019s premium calculated?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The premium is usually a percentage of the hammer price. Sometimes, it\u2019s a flat fee. Auction houses decide how to calculate it.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-factors-influence-the-buyer-s-premium-rates\"><strong>What factors influence the buyer\u2019s premium rates?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Many things affect premium rates. These include the auction house\u2019s size and reputation, the services they offer, and the market they serve. The competition and the item\u2019s value also play a role.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-can-i-prepare-for-the-buyer-s-premium-at-a-car-auction\"><strong>How can I prepare for the buyer\u2019s premium at a car auction?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Know about the premium before bidding at a car auction. Auction houses tell you about the premium upfront. Always read the terms and conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, compare prices to make sure you\u2019re getting a good deal. Remember, the premium is part of the cost.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-source-links\"><strong>Source Links<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.backes-auction.com\/blog\/post\/buyer-s-premium-what-is-the-money-for-\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.backes-auction.com\/blog\/post\/buyer-s-premium-what-is-the-money-for-<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/getultimateauction.com\/blog\/what-is-a-buyers-premium\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/getultimateauction.com\/blog\/what-is-a-buyers-premium\/<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/marqued.com\/editorial\/6Mmp5oKNnGtxXLftHuWZxq\/buying-a-car-on-marqued-everything-you-need-to-know\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/marqued.com\/editorial\/6Mmp5oKNnGtxXLftHuWZxq\/buying-a-car-on-marqued-everything-you-need-to-know<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ever been to a car auction and seen that buyer\u2019s premium charge? It\u2019s a common fee in the auto auction[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[20],"tags":[],"class_list":["post-805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auction-procedures"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Car Auction Buyer&#039;s Premium: What You Need to Know<\/title>\n<meta name=\"description\" content=\"Understand the car auction buyer&#039;s premium, its impact on your final bid, and how to factor it into your buying strategy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.remarketspace.com\/blog\/car-auction-buyers-premium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Car Auction Buyer&#039;s Premium: What You Need to Know\" \/>\n<meta property=\"og:description\" content=\"Understand the car auction buyer&#039;s premium, its impact on your final bid, and how to factor it into your buying strategy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.remarketspace.com\/blog\/car-auction-buyers-premium\/\" \/>\n<meta property=\"og:site_name\" content=\"Blogs &amp; Expert Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RemarketSpace\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-04T13:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-16T10:07:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.remarketspace.com\/blog\/wp-content\/uploads\/2024\/08\/TCA-Featured-Image-4.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Remarket Space\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Remarket Space\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/\"},\"author\":{\"name\":\"Remarket Space\",\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/#\\\/schema\\\/person\\\/5cb5b6f09062934de5355559106f99f7\"},\"headline\":\"Car Auction Buyer&#8217;s Premium: What You Need to Know\",\"datePublished\":\"2024-08-04T13:00:00+00:00\",\"dateModified\":\"2024-08-16T10:07:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/\"},\"wordCount\":1657,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/TCA-Featured-Image-4.webp\",\"articleSection\":[\"Auction Procedures\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/\",\"url\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/\",\"name\":\"Car Auction Buyer's Premium: What You Need to Know\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/TCA-Featured-Image-4.webp\",\"datePublished\":\"2024-08-04T13:00:00+00:00\",\"dateModified\":\"2024-08-16T10:07:51+00:00\",\"description\":\"Understand the car auction buyer's premium, its impact on your final bid, and how to factor it into your buying strategy.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/car-auction-buyers-premium\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/TCA-Featured-Image-4.webp\",\"contentUrl\":\"https:\\\/\\\/www.remarketspace.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/TCA-Featured-Image-4.webp\",\"width\":1200,\"height\":628,\"caption\":\"An image providing insights on car auction buyer's premiums. 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