LFB Auctions: Real User Reviews & Community Discussion

Started by AutoClubAdminJanuary 15, 2025 📌 73 replies • 18.4k views 🕒 Last post by TexasBidder 2 hours ago
★ 4.7 / 5 4.7 out of 5 based on 63 reviews from AutoClubForum members.

📌 About LFB Auctions (official summary)

LFB Auctions is a digital-first online vehicle auction platform operating across the U.S. They specialize in connecting buyers with inventory from financial institutions, recovery partners, and authorized sellers. Key features include:

👉 Official website: lfbauctions.com

⭐ Member reviews & experiences

💬 Forum discussion: LFB Auctions Q&A and tips

JD

Question: Has anyone bought a salvage-title car from LFB? I'm looking at a 2021 Civic with "minor damage" listed, but the photos are limited. How accurate are their condition reports? I've never bid on a salvage vehicle before.

MT

I won a 2018 Accord with "front end damage" back in November. The report was accurate - photos showed exactly what needed replacement. I'd recommend paying for the enhanced inspection if you're worried. Also, check their sample bids to understand the pricing curve. I ended up replacing a bumper and headlight, car runs perfect.

JD

Thanks midwest_bidder! How much did the enhanced inspection run you? And did you use their recommended body shop or source your own?

KN

Delivery question: How does the nationwide delivery work? I'm in Oregon and the car I want is listed from a Texas partner. Do they coordinate or do I need to arrange shipping separately?

TL

LFB handles it through their network. After winning, you get a shipping portal with quotes. I used their insured carrier for a Mustang from Houston to Dallas - car arrived in 4 days, enclosed trailer, driver called ahead. Much smoother than dealing with third-party brokers. Expect $500-900 depending on distance.

PS

Anyone else notice the inventory has been heavier on domestic trucks lately? I'm looking for a compact SUV but seeing mostly F-150s and Silverados. Wondering if they rotate inventory seasonally.

RB

I think they get big batches from fleet sales. I saw a wave of Chargers last fall, then trucks. Just set an alert - I got notified when a RAV4 popped up last week.

MW

Won a 2020 Escape last month - mechanical condition was spot on. Minor cosmetic stuff not shown in photos (small dent on rear door) but overall still a good deal. Their customer service offered a small credit when I pointed it out. Not bad.

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❓ Frequently asked about LFB Auctions

🔹 Is LFB Auctions legit?

Based on member reviews and official information, LFB Auctions appears to be a legitimate online auction platform with transparent processes, verified inventory, and positive user experiences shared on this forum.

🔹 How does LFB Auctions bidding work?

They use a "no visible bids" format to prevent price inflation. You place your maximum bid, and the system bids on your behalf up to that amount, similar to proxy bidding on other platforms.

🔹 Can I inspect a vehicle before bidding?

LFB provides detailed condition reports and photos from their trusted partners. Some members have requested additional photos via customer service. Enhanced inspection reports may be available for a fee.