What do cars sell for at auction

Most professional dealers will choose this avenue to purchase vehicles because of their quality. Following these principles will help you score the best deal at private car auctions.

Most of the time, you are purchasing the car based on a physical inspection only. Make sure you carefully investigate every part of the car before bidding. Watch for some significant signs of repair such as paint overspray, scored brake discs or an uneven stance.

Make sure you also use all of your senses to determine if the car was involved in a flood. You will have a tool with you that gives you the upper hand over other dealers. Write down the VIN found on the dashboard before you bid on the car. Then, compare that number to the trunk lid and door stickers. You can also use your mobile device to run the VIN through a title check. Utilize online resources to get a general estimate on what the car is worth.

Before you start bidding, it helps to observe some auctions first. This might mean they are simply trying to bump up the prices on these cars. If you want to make a profit flipping cars , then you have to know when to stop bidding. Dealer-only auctions are the main source of inventory for all auto dealerships. They feature a variety of vehicles that fall into 3 main categories:. Various dealer-only auctions feature a variety of vehicles. Most auctions specialize in specific categories such as salvage, late models, exotics and high-value vehicles.

We prefer auctions such as Manheim. Many have the full manufacturers warranty still in effect. All of these vehicles will have Condition Reports that can be accessed online prior to the auction.

These Reports detail any potential issues or where paintwork or dents need attention. Dealer-only auctions are strictly closed to the general public. Only licensed dealers can attend. Vehicle Finder. Connect with Us.

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