About Car Auctions

Types of Auto Auctions

An auction for cars is an ideal method to find the vehicle of your dreams for a reasonable price. It is important to know all options offered by auctions of cars prior to attending. There are various kinds of auctions that come with their own advantages, and it's important to understand them all.

Auto dealers can purchase and sell automobiles from many manufacturers at dealer-only auctions. They also have dealer-only advantages like extended warranties as well as car history reports. Auctions open to the public gives tourists with the opportunity to purchase an used vehicle at an affordable price, and the thrilling and unforgettable pleasure of participating in live auctions, whether in the area or far from it. Government agencies auction off vehicles which have been removed or are in violation of compliance in auctions which allows the public to purchase the vehicle for a cheaper price than what the market will offer.

There are many auctions that can suit your needs. So whether you're looking for the ideal car for your family or if you want to make money from flipping cars and cars, you can start looking for auctions.

About Car Auctions

Frequently Asked Questions

Public auctions provide no warranties or guarantees. Banks, on average, have the best inventory at the best prices. According to Edmunds, these are the vehicles to look for at public auction. They are usually repossessed cars and trucks that the lender simply needs to sell for a profit in order to make up for losses.

GREEN LIGHT: Indicates that the vehicle is subject to the auction's arbitration provisions. Any vehicle selling for $3,000 or less is sold AS-IS and cannot be arbitrated for any reason other than an odometer or title discrepancy, regardless of the light.

Most of the vehicles auctioned are government surplus vehicles. This happens when different government agencies purchase new vehicles, and they need to dispose of the old ones. Other vehicles in these auctions are also government-seized vehicles that have been confiscated for various reasons.