Dealer Auto Auction – Open To More Than Just Dealers

While the dealer auto auction is typically open only to those individuals and companies that own car dealerships, there are some dealer auto auctions that are advertised as open to the public. Is it a good deal? Maybe, but be sure of your source before you sign up. A dealer auto auction is just what the name implies – an auction of vehicles that is open only to those who buy and sell cars. It’s a good way for the smaller dealers to find some great used cars to offer for sale on their lots. Have you ever considered where a used car is likely to end up once you’ve traded it in? The answer is that the car may go almost anywhere. There are thousands of dealerships and these form a network in which cars, trucks and SUVs are traded, bought and sold on a regular basis. But sometimes a particular dealership or group of dealerships will gather more cars than they expect to be able to sell to the general public. This is where a dealer auto auction comes in. Typically, these auto auctions are advertised only to recognized automobile dealers. Most often, those companies that offer only used cars for sale will be the prevalent bidders at these auctions.

Some of the best-known used car sales in the country get the majority of their cars from dealer auto auctions. But as is true with most auctions of this kind, there are occasionally events that are open to the public. A dealer auto auction that becomes a public event is certainly a good place to get a great deal on a vehicle. But as is also true, there are some less-than-honest companies that tout the ability to grant entrance to dealer auctions. You may be asked to pay an up-front fee, only to discover that there are few choices and that the auction isn’t aimed at dealers at all. Be sure to check out your source before you offer up any registration information or pay any fees.