Auto Auction Buying Service

Advantages of Buying a Car at Auction

A car purchased at auction can provide many advantages and makes it more efficient. If you attend an auto auction, potential buyers have the chance to see several models and brands at the same time.

One of the greatest benefits of purchasing a car at auction is the lack of having to bargain over the price, which is not the case for dealerships or private sellers. The prices of vehicles at auctions are usually cheaper than other alternatives due to the lower cost of bidding as well as the low overhead related to maintaining a conventional dealership, with salesmen or sales representatives. Potential buyers may feel more comfortable buying a car from an auction due to the fact that they provide guarantees. This means they will have options in the event their vehicle fails at some point in the future.

Auto Auction Buying Service

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.