Frequently Asked Questions
Everything you need to know about Shop EV Auction.
What is Shop EV Auction?
Shop EV Auction is a consumer-facing buying service powered by IQautos. We search dealer-only, off-lease Tesla auction inventory on your behalf and help you through the entire purchase process.
What vehicles can you search for?
We currently specialize exclusively in Tesla vehicles. For our customers' protection, we only source Teslas with factory warranty remaining and avoid older, high-mileage vehicles. Additional EV brands are planned in the future.
What does "dealer-only auction" mean?
Dealer-only auctions are reserved for licensed dealers. Rather than giving you access to the auctions, we act as your expert buyer—finding the best matches and reviewing every vehicle with you via screen share, including the original auction photos, condition reports, and inspection details. That's complete transparency from start to finish.
How much does it cost?
A $299 concierge fee starts your personalized Tesla search and is fully credited toward your purchase through IQautos. Our fee is a simple 6% commission on the vehicle's acquisition cost—no hidden fees. Before we bid, you'll need to be pre-approved with one of our lending partners or have funds ready to wire if we're successful in securing your vehicle.
Is the $299 fee refundable?
The $299 concierge fee is fully credited toward the purchase of any vehicle through IQautos — whether you purchase through the concierge process or choose a Tesla from current or incoming IQautos inventory. This fee is not refundable.
Can you guarantee you'll find a specific Tesla?
We cannot guarantee the availability of any specific vehicle, as auction inventory changes frequently. However, we use our experience and access to upcoming auction schedules to maximize your chances of finding the Tesla you want.
Can you guarantee a specific price?
We do not guarantee savings or a specific purchase price. We use recent auction-sales data and our auction experience to help you select a realistic bidding strategy. The final price depends on auction competition and market conditions.
How does the bidding process work?
After you review available options and select a vehicle, you set your maximum price. We then bid on your behalf at the dealer-only auction. You are not obligated to bid, and we only bid within your approved price range.
What happens after you win an auction?
We assist with financing, paperwork, trade-ins, and vehicle logistics from start to finish. After purchase, you can arrange transport directly from the auction, schedule pickup (when available), or have your Tesla delivered to IQautos for pickup. Transportation costs vary by auction location and distance. Most auction vehicles also benefit from some level of reconditioning. We can coordinate these services on a case-by-case basis, with all work approved by you before any additional costs are incurred.
Who is Autumn?
Autumn is your dedicated Tesla Concierge at IQautos. She has been part of the IQautos team for nearly three years and has spent more than two years purchasing Teslas through dealer-only auctions across the country. She understands the auction process, knows how to evaluate auction condition reports, and is familiar with the major auction platforms where Tesla remarkets its lease returns. From your initial search through bidding, purchase, and delivery, Autumn will guide you every step of the way.
What is the 10-minute fit call?
After you submit your Tesla Search Request, you'll schedule a free 10-minute call with Autumn. This call helps us understand your needs, answer your questions, and determine if Shop EV Auction is the right fit for you.
Can you finance my Tesla purchase?
Yes. IQautos can assist with financing options as part of the purchase process. We'll help you explore available financing solutions.
Will you offer other EV brands in the future?
Yes. We are launching exclusively with Tesla, but additional EV brands are planned for the future. Shop EV Auction is designed to support multiple electric-vehicle brands over time.
How is Shop EV Auction related to IQautos?
Shop EV Auction is powered by IQautos. IQautos provides the dealer network, auction access, and operational infrastructure that makes the concierge service possible.
Still Have Questions?
We're here to help. Start your Tesla search or reach out to our team.