Auto Auctions Buyers Club

Types of Auto Auctions

Attending a car auction can help you find the car you've always wanted for a reasonable price. The first step to prepare for an auction of your car is to be familiar with the various choices. There are a myriad of car auctions that each have their particular advantages. It is crucial to be familiar with them each.

For example, auto dealers are able to purchase and sell vehicles that come from a range of manufacturers at dealer-only auctions which also give them access to benefits only available to dealers such as extended warranties and vehicle histories. Auctions that are open to the public provide holidaymakers the chance to purchase an existing vehicle for the lowest price and enjoy an exciting and memorable experience of attending live auctions, regardless of whether they live in the area or far away. Cars that have been confiscated or that are in excess of requirements are sold at auction by government agencies. they are available for purchase by the general public at prices which are significantly less than what they are worth.

There are many auctions to suit your needs. Therefore, whether you're looking for the ideal car for your family or if you want to earn money from flipping cars, start searching for auctions.

Auto Auctions Buyers Club

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.