Is Americas Auto Auction Open To The Public

Advantages of Buying a Car at Auction

A car bought at auction comes with many advantages and is much more cost-effective than buying an automobile new. Auto auctions enable car buyers to view different kinds of vehicles and brands at one time.

Perhaps one of the major advantages of buying a car through an auction is that there's no need to engage in price negotiations, which is typically the case with buying a car from a dealership or private seller. Due to the competition in the bidding procedure and the lack of the overhead costs associated operating an auction house, in contrast to running a traditional dealership that has salesmen. Prices tend to be much lower than the prices bought elsewhere. Additionally, because many auctions provide warranties on the cars they offer and potential buyers will be confident in the purchase knowing that they will have some options available to them should their vehicle develops a problem in the future.

Is Americas Auto Auction Open To The 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.