Car Auctions For Public

Types of Auto Auctions

It is possible to locate the car of your dreams at a price you are able to afford by attending a car auction. It is important to know all options offered by car auctions before you go. Different kinds of car auctions offer different advantages, and it's important to know the different types of auctions.

Dealers from auto dealers can purchase and sell vehicles from a variety of manufacturers at auctions that are only for dealers. Dealer-only benefits like extended warranties and vehicle history reports. Auctions that are open to the general public give tourists with the opportunity to purchase an older vehicle at the lowest price and enjoy the thrilling and unforgettable experience of participating in a live auction, whether local or away. Cars that have been confiscated or are otherwise in excess of requirements can be auctioned off by government agencies, where they can be bought by the general public for prices which are significantly less than what they are worth.

There are a variety of auctions that will meet your needs. If you're searching for the perfect vehicle for your family, or if you want to earn money by flipping cars, you should start looking for auctions.

Car Auctions For Public

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.