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Best Online Auction Sites 2020

best online auction sites
(Image credit: eBay)

The best Online auction sites are a fantastic way to snap up a bargain. You can frequently find both old and new items for less, providing you're willing to bid against other users for them and contend with both amateur and professional sellers. To ensure you get the best service and the best price, it's essential to choose the right online auction site for your needs. We've selected the five best online auction sites out there right now, with each offering different strengths and weaknesses.

We know what you're thinking - why use anything but eBay? Well, eBay certainly has the most eyes on it with hundreds of millions of users, but that doesn't necessarily make it the best. Its fee structure is quite pricey, and it doesn't always have rare or unusual items listed on it. Sometimes, it's better to head to a smaller auction site to find the best deals. Generally, when tracking down a unique item, it makes sense to try a few different options first. 

Overall, you want a simple to use experience that's also safe and secure before you impart money through the service. We've focused our efforts on looking at online auction sites that combine ease of use and safety while still having plenty of products you might want to buy. While it was tempting to mention some very obscure choices, we've focused on medium to large online auction sites so that you're guaranteed a decent amount of stock to browse or a good number of people to look at what you plan on selling.  If you need more shopping advice, we have a guide to the best online shoe stores, and the best giftcard exchange sites.


1. eBay.com: Best online auction site overall 

eBay

(Image credit: eBay)

eBay

Our overall top pick thanks to a huge number of users, a simple to use interface, and all-around convenience

Fees: Yes | Customer support: Online chat, phone | Business users?: Yes | Payment methods: Paypal, Skrill, ProPay, Credit Card

182 million registered eBay users 
Live chat support 
Easy to use interface 
Expensive fees

The biggest name in online auction sites, eBay, should generally be your first port of call for selling or buying online with other users. Simply put, with over 180 million registered users and growing, your products are much more likely to sell, and you're much more likely to find what you want here. 

The site is incredibly straightforward to use, too, with options for listing items internationally, a comprehensive rating system, and plenty of payment methods available. A mixture of auction-style bidding and Buy It Now options means you can always choose what works best for you, with auctions tending to lead to better deals.

This comes at a cost, though. Literally. eBay is pretty pricey when it comes to the fees it charges, and while sellers get a certain number of listings for free each month, they're still charged a commission for each sale. There are fees for many other upgraded features, too, so it can get expensive. 

Still, for so many eyes on products, you can't beat eBay, and there's an excellent reason it's so popular - it's incredibly simple to use.


2. eBid.net: Best value online auction site 

eBid

(Image credit: eBid)

eBid.net

With cheaper fees than eBay, eBid is still reasonably substantial in size while better value for money.

Fees: Yes | Customer support: Email | Business users?: Yes | Payment methods: Paypal, Skrill, Credit Card

Cheap fees 
Can purchase lifetime access to reduce costs 
Limited customer support 
Fewer users than eBay

eBid prides itself on being a cheap way to list items. It's always free to list with no limit, and the maximum sales fee is 5%. Even better, if you plan on using it frequently, you can sign up for a lifetime seller's plan and benefit from even more bonuses like free photos and no final value fees, amongst others, to save money in the long term. 

It's a useful option if you plan on selling a lot, but you'll need to be a little cautious. That's because eBid has significantly fewer users than eBay. It's active across the world but only has around 3 million registered users, which can make a difference to your sales chances. 

On the other hand, it does mean that users browsing your items may be more tempted with less competition to entice them away. Despite the smaller userbase, eBid is a tempting option if you want to get away from eBay's overwhelming nature and the expensive fees thanks to its fee system and easy to use interface. 


3. Webstore.com: Best for rare finds 

Webstore

(Image credit: Webstore)

Webstore.com

Looking for something more unusual? Webstore has a good reputation for rare finds

Fees: No | Customer support: Email, postal mail (!) | Business users?: Yes | Payment methods: Paypal, credit card

No fees 
Rare items listed
No resolution center 
Awful website design 

Webstore does things differently from the competition because it's entirely donation-supported, meaning there are no fees to pay. Unusually, it also allows users to buy some items without signing up for an account, although this is down to the seller's discretion. This combination of features means that Webstore is quite popular amongst those listing unusual or rare items, and it's certainly charming in its quirkiness.

However, it also means you don't have much come back if there's a problem. Support is basic and via email (or physical mail!), and there's no resolution center with issues having to be resolved between buyer and seller. The website is also appallingly designed by modern standards, but it is functional at least.

That may sound like a lot of negatives, but you'll be surprised at the quirky things you can find here, making it a more attractive proposition than you'd expect. You might not use it as religiously as eBay, but it's surprising what you can come across with an occasional browse. 


4. Bonanza.com: Best for extra features 

Bonanza

(Image credit: Bonanza)

Bonanza

Bonanza offers some neat features like photo editing but has fewer users than ideal

Fees: Yes | Customer support: Email | Business users?: Yes | Payment methods: Paypal, Credit Card, Debit Card

Attractive layout 
Built-in photo editing tools 
Can import from other sites 
Limited user numbers 

With enthusiasm for the unusual, Bonanza almost seems like Etsy with categories that capture a sentiment as much as it does a product type. That could make it a perfect place for gift ideas as well as for selling. Bonanza appreciates it's up against it with competition as you can easily copy your items across from eBay, Amazon, and Etsy, as well as use its well-designed photo editor to correct images on the site itself. 

Predictably then, the big issue here is that not many people use Bonanza, so you won't get the reach you would with more significant sites. It also has quite limited support with email only or live chat if you're willing to pay more. 

On the plus side, fees are relatively well priced, and you can choose to sign up for a professional account to boost your credibility. 

Bonanza has some neat ideas that make you want to use it more often. It just needs more users to be a must-visit site. 


5. Auction Zip - Best traditional online auction site 

Auction Zip

(Image credit: Auction Zip)

Auction Zip

Auction Zip brings the urgency of a 'proper' auction to your computer

Fees: Yes | Customer support: Email | Business users?: Yes | Payment methods: Credit Card, debit card

Thrill of a 'true' auction 
Simple to use website 
Some weird lots available
Not always convenient 

If you love the thrill of standing in an auction hall and making a 'proper' bid, then Auction Zip is for you. It captures that same spirit, allowing you to bid in real-time for various items. Those items are quite unusual a lot of the time, which can make things more appealing. It's simple to use, and you can pay through the usual methods, potentially bagging yourself an eccentric result.

However, those same advantages are Auction Zip's disadvantages. It's a fascinating site, but some of the items are a little too strange, and it's not always convenient to need to be available for the bidding process. 

We can't help but admire the ambition here, though, and purely as something to browse through and occasionally take a shot on, Auction Zip is far more gripping than larger sites. It's almost addictive watching the bidding unfold. Just look out for its limited customer support, which could cause issues. 


How we researched the best online auction sites 

We browsed each online auction site and checked multiple different factors. That includes how easy they were to look through as a guest, along with how simple the sign-up process was and how quickly you could get started. We also searched for a mixture of common and unusual items to see the breadth of what each online auction site offered. 

We also researched the fee structure for each site extensively and consulted how simple it was to get in touch with the site if an issue arose. Finally, we looked at how users could resolve issues between buyer and seller if any occurred. 

How much does it cost to sell on an online auction site? 

Online auction sites have many ways of eating into the bottom line of your sales. Here are the most common fees you need to consider:

  • Subscription fees can range between $2 and $299 per month. The fees depend on how much you sell and what seller tools you want to incorporate in your store.  
  • Seller verification fees are often free but can sometimes cost between $10 and $29. Some sites require monthly payments to maintain the verification.
  • Final value fees are the percentage each auction site takes from every sale you make. These percentages range between 0.75 and 10 percent and vary depending on how much the final bid is. Sites like eBay and eBid have flat rates that stay consistent with each sale.

What’s the difference between a listing and a Web Store? 

A single item that you list in an auction is a listing. A listing has a description of the product, a suggested selling price and photos. Unfortunately, most sites will only let you list a certain number of items for free before charging you for each listing. If you want to avoid this fee and have many items to sell, look into opening a web store.

A web store lets you pay a monthly subscription for lower listing fees and fewer fees overall. Buyers can browse all your listings in one place, instead of finding you by searching for the individual items.

Are online auctions safe? 

Auction fraud usually occurs when a seller doesn’t ship a purchased item. It can also happen when you accidentally purchase black-market goods and are subject to numerous hidden fees. It’s important to research any seller you’re buying from. Be cautious of sellers outside your country or any who ask that you mail payments to a P.O. box.

If you make a purchase on an auction site, be sure to pay with a credit card or another payment option where you can dispute the charges if you don’t receive the items. Don’t mail a check and never send cash.