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Auto Auctions
Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot. When you trade in your used vehicle at an auto dealer, it will often be re-sold at an auto dealer auction.
The cars, trucks and suvs for these open to the public auctions come from a variety of sources including government, banks and insurance companies. These auto auctions occur locally a few times a year depending on where you live and in many cases, you'll find auto auctions online where you can participate in an auto auction regardless of location. 2) Dealer auto auctions process millions of vehicles every year. These auctions are restricted to the general public and only licensed dealers can participate.
Buy government and bank seized cars at significant discounts under market value. Auto auctions let you purchase virtually any type of vehicle at discount prices. Often these vehicles have been reposossed by banks, involved in some kind of police action, or part of an insurance company inventory. You can find auto auctions online line or attend local car auctions near you. There are two types of auto auctions: 1) Auto auctions for the general public.