Cars · Trucks · Motorcycles · Motorhomes
Salvage exchange for cars
Residual values for accident, hail and total-loss vehicles that the market really pays, through sealed, four-week binding bids from verified commercial buyers.
Free during the pilot phase
One marketplace, many asset types
Every type of vehicle reaches the right buyers
Cars, trucks, motorcycles, motorhomes and trailers: Restbid takes every vehicle to the right commercial buyer network of car dismantlers, commercial-vehicle exporters, workshops and parts dealers.
- Cars
- Estate cars
- SUVs & off-road
- Vans
- Trucks & commercial vehicles
- Motorcycles
- Motorhomes & caravans
- Trailers
- 2 min
- from document to finished listing via AI
- 4 weeks
- binding bids incl. collection guarantee
- 0 %
- commission on the purchase price
- 10+
- asset types from car to plant
How it works
Four steps to a defensible residual value
- Step 1
List the object
Upload the vehicle registration, appraisal or cost estimate; the AI reads the technical data and fills the form. Set the bidding deadline, done.
- Step 2
Sealed bids come in
Verified commercial buyers submit sealed bids. No one sees the others’ bids, what counts is genuine willingness to pay.
- Step 3
Highest bid becomes binding
After the deadline the highest bid is the defensible residual value, binding for four weeks including the obligation to collect at the bid price.
- Step 4
Residual-value certificate as PDF
All bids with amounts and timestamps as a PDF, robust for appraisals and claims settlement. Whether to sell is entirely the seller’s decision.
No interface needed
Captured in 2 minutes, the AI reads your documents
Other exchanges need a software integration. Restbid does not. Upload the vehicle registration, appraisal or cost estimate as a PDF or photo, and our AI recognises the technical data and fills the form automatically.
- No retyping: Make, model, first registration, mileage and more are transferred directly.
- No integration required: Works in the browser, independent of your appraisal software.
- Data-minimal: Uploaded files are used only for reading the data and are deleted afterwards.
Your advantages
Why Restbid instead of a classic salvage exchange
Market-based
Real market value instead of a table value: your residual value emerges from the competition of verified buyers who are looking for exactly this object.
Binding
Binding bids: every bid is valid for four weeks including the obligation to collect at the bid price.
Documented
Court-proof evidence: all bids with timestamps as a PDF residual-value certificate for appraisals and claims settlement.
Versatile
One access for everything: vehicles, machines, plant and spare parts on one platform instead of many specialist exchanges.
Web-based
Ready to go instantly: entirely in the browser, without installation or updates, on smartphone and tablet too.
Features
Everything for a defensible process
Sealed-bid process
No buyer sees the others’ bids. The highest bid reflects genuine willingness to pay, without the price-driving of open auctions.
Verified B2B partners only
Every participant proves their business registration and is manually approved. No right of withdrawal, no anonymous bids.
The right buyer network per asset type
From car dismantlers and commercial-vehicle exporters to agricultural-machinery refurbishers, every object reaches the right buyers.
PDF residual-value certificate
Bid summary with amounts, timestamps and buyer companies, robustly documented for insurers and courts.
Subscribe to categories
Buyers subscribe to their asset types and regions and receive matching new objects automatically by email.
Recover instead of scrap
Every placed object stays in the loop. Reuse before recycling, as the EU waste hierarchy prescribes.
Inside look
The platform in action
This is what the salvage exchange looks like for sellers and buyers, from capturing the object to the residual-value certificate.
FAQ
Questions about the salvage exchange
What is the residual value of an accident car?
The residual value is the amount a vehicle still achieves on the market in its damaged condition. At Restbid it arises from the highest bid of verified commercial buyers after the bidding deadline and serves as robust evidence for the appraisal.
When is the salvage exchange worthwhile for a car?
As soon as there is an economic total loss, i.e. the repair costs exceed the replacement value. The appraiser then determines the residual value, which the insurer deducts from the compensation.
Who may buy accident vehicles?
Only verified commercial buyers: car dismantlers, dealers, workshops and exporters. Everyone proves their business registration and is manually approved, pure B2B without anonymous bids.
Do I have to sell my car once bids are in?
No. The residual-value certificate only documents the bids. Whether and to whom you sell is decided by the owner or seller after the deadline.