How A Private Buyer Can Still Find A Bargain At A Car Dealer Auction

A car dealer auction can be a good place for a private individual to source their own vehicle, and it can also be a good place for a commercial operation to secure its fleet. Car dealer auctions have traditionally been exactly that, auctions for car dealers. In the decades gone by, there were very few private individuals who found their way into these auctions. This was not usually due to any strictly enforced rule keeping them out, but merely due to the fact that very few members of the public knew the events were taking place.

Now, many vehicle auctions have a far higher profile. They have been featured extensively in business opportunity magazines, because they are an easy sell for people who publish such magazines. There will always be the odd isolated incident where a vehicle fetches a price comfortably below that which was expected. Publishers can latch onto this, and cite it as an example, conveniently omitting the fact that it was a one off incident and is extremely unlikely to happen again.

Nevertheless, there are still many bargains to be had at car auction sales. Relatively few of the vehicles which are on offer at these sales have come from private individuals. The vast majority of them have been put up for auction simply because the organizations who have seized them will lose money and time by having to store and maintain them. Some of these vehicles will be top of the range models, and many of them will be nearly new.

Many of the modern car auctions also a run a car auction site. These auctions have seen the success of online auctions such as eBay, and have decided to start their own operation. The auction site gives a totally different type of bidding environment, but one which demands no less discipline. If you in a room on your own, then there is nothing or no one to control your behavior other than your own discipline. On the other hand, there is not the same frenzied atmosphere that you can get in auction room when people are bidding against each other.

These dealer auto auctions can be good places to pick up cheap vehicles, but you do need to be very careful. The vast majority of vehicles sold at these auctions are used vehicles, and they need to be inspected very carefully. If you do not have sufficient mechanical experience to make an informed judgment as to the state of a vehicle, try to bring along someone with more experience. If the vehicle has been put into auction by experienced dealer, there may well be cosmetic cover up of certain mechanical faults. Failing to diagnose these could result in you making a very expensive mistake. Provided you can carry out a good enough inspection, and show the required discipline, you could do well at a car dealer auction.

 

 

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Auction Genius Turbo Charges Auction Buying for Car Dealers - MarketWatch (press release)

Auction Genius Turbo Charges Auction Buying for Car Dealers
MarketWatch (press release)
25, 2012 /PRNewswire via COMTEX/ -- Auction Genius has just announced a unique web-based software solution for auto dealers buying vehicles at auction. The system provides a quick and simple way to access critical information allowing dealers to make .

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BURCHMORE APPOINTS NEW AUCTION MANAGER - 3D Car Shows

3D Car Shows

BURCHMORE APPOINTS NEW AUCTION MANAGER
3D Car Shows
As auction manager, Roux manages a multitude of operations EUR from sourcing the vehicles to marketing the sale and customer liaison. EURśWith his energy, passion and knowledge of motor cars, he's really ideal for this job. An auction manager, he needs to .

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The Comeback Gains Traction as Prices Soar for Rarest Cars - New York Times

New York Times

The Comeback Gains Traction as Prices Soar for Rarest Cars
New York Times
THE collector car community left its annual week of auction extravaganzas here with much to think about. After some uncertain years, have the value fluctuations caused by worldwide economic turmoil ended? Are the record-breaking sale prices limited to .
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Valley car auctions generate $176 million, breaking slump
Barrett-Jackson had its best year since 2008 with nine cars that sold for more than $1 million...


1948 Tucker Torpedo sells for an amazing $2.91 million [Car Auctions]
# carauctions The top seller of the high dollar automotive spectacle that is Barrett-Jackson Scottsdale was a beautiful blue 1948 Tucker Torpedo . More »..


Latest market commentary from CCFS auction analyst Richard Hudson-Evans 27 Jan - Classic Cars for Sale

Latest market commentary from CCFS auction analyst Richard Hudson-Evans 27 Jan
Classic Cars for Sale
Although a 'Pagoda Top' 1968 Mercedes-Benz 280SL in fine cosmetic order cruised past the Anglia Car Auctions rostrum to a results-topping 28875, by far the biggest bark in show was emitted by the mighty 6-Litre Oldsmobile Rocket 88 V8 which lit up .

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Six Valley car auctions to be held starting next week
Barrett-Jackson Collector Car Auction on Sunday starts week of auto auctions that will attract thousands...


Last Lamborghini Diablo ever built to sell at auction later this month [Car Auctions]
# carauctions When Lamborghini replaced the legendary Diablo with the Murcielago in2011 they ended the model's 11 year run with 40 individually numbered Special Edition cars. The final 40 cars were all individually numbered Diablo 6.0 VTs equipped with AWD and a 550 horsepower V12. More »..


Collector Car Auctions Accelerate Into 2012
The 2012 car auction season kicks off the last two weeks of January in Scottsdale, AZ and Kissimmee, FL. This is just the beginning of a year chalked full of exciting events for buyers, sellers and spectators. Contributor: DM Reesling Published: Jan 13, 2012..


Pasco officials approve car auction site in Holiday - Tampabay.com

Pasco officials approve car auction site in Holiday
Tampabay.com
By Lee Logan, Times Staff Writer NEW PORT RICHEY EUR” Over the objections of two neighbors, commissioners on Tuesday gave their blessing for auto auctions at the old Sun Toyota car lot on US 19 in Holiday. Sun Toyota plans to lease the property to Your .

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Collector-car auctions shift into gear
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Collector cars get top dollar
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BizBox to be Featured at Barrett-Jackson Collector Car Auctions
SCOTTSDALE, Ariz. , Jan. 9, 2012  /PRNewswire/ -- New technology will share the spotlight with old in 2012 as Barrett-Jackson , creator of "The World's Greatest Collector Car Auctions„˘," is teaming ...


Valley car auctions generate $176 million, breaking slump - Tucson Citizen

Business Insider

Valley car auctions generate $176 million, breaking slump
Tucson Citizen
22, 2012, under Arizona Republic News Collector-car buyers, seemingly removed from economic hardships, bought more than $176 million in cars over the past week at six Valley auctions. Two mid-1950s Mercedes-Benz 300SL Gullwings, a trio of Ferraris and .
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$16M house (21-car garage) pitched to car-auction buyersArizona Republic
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First "General Lee" ever built heads to auction [Car Auctions]
# carauctions At next weekend's Barrett Jackson Scottsdale auction the first 1969 Dodge Charger ever used in "The Dukes of Hazzard" will cross the block with No Reserve. The car was used and destroyed filming a jump off a dirt ramp that was featured in the opening of all 145 episodes of the show. More »..


Selfridges IT chief moves on to British Car Auctions
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Third Corvette ever sold to cross the auction block [Car Auctions]
# carauctions Any of the only 300 Corvettes sold in 1953 are rare and desired vehicles, but the fact this white 'vette is the third oldest example of the now iconic model makes it particularly collectible. More »..




 

 

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