car buying  

Car Auctions

 
 
 

Car Buying > New CarsUsed CarsAuctions • LeasingLoans

 
Automobile Auctions
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
Washington, DC
West Virginia
Wisconsin
Wyoming
car auction hammer
Car Auction Hammer

The best car auctions are dealer-only auctions operated by firms such as Manheim and Adesa.  These auto auction companies operate wholesale vehicle auctions in major metropolitan areas across the United States and Canada.

At dealer auctions, car dealers purchase a large percentage of the cars that they sell on their used-car lots.  The profits they make on these cars are often far greater than their profits on new car sales.  A dealer may buy a late model automobile at auction and mark it up 50 or even 100 percent!  New-car markups, on the other hand, are often 5 to 10 percent over the manufacturer invoice price.

At these efficiently run, dealer-only auctions, cosmetic and mechanical condition reports are provided for most auctioned vehicles.  Dealers expect these vehicle condition reports to provide accurate, detailed, unvarnished information.  They rely on these reports and the integrity of the dealer-only auction firms to make sound car buying decisions.

Unfortunately, access to a wholesale dealers' auction is only available to licensed car dealers.  Auto auctions that are open to the public may be labeled Public, Government, Insurance, or Charity auctions.  Purchasing a vehicle at these auctions involves a greater degree of risk.  They are often patronized by people who know cars well or have access to a low cost repair facility.  At most public car auctions, attendees can walk around the vehicles, open their doors, note their odometer mileages, and open their hoods, trunks, and tailgates.  In most cases, potential buyers are not permitted to drive the cars or even start their engines.

Full payment is normally required immediately after a successful bid.  Vehicles are sold "as is", sales are final, and no warranty is provided.  If you insist on purchasing a car at such an auction, be sure you have the expertise to identify signs of water damage, accident damage, or poor maintenance.  Ideally, bring along a trained auto mechanic or auto body expert who can spot such problems.

Use the directory menu above to find dealer-only and public auto auctions in each state of the United States and the District of Columbia.


Copyright © 2006-2015 CarBuying.us.  All rights reserved.
For your convenience, certain external links will open in new windows.

Auto Auctions - Car Auctions