Tips for Car Dealer Auction Success

By Mike Richards Updated: 05/23/2019 Posted: 09/21/2017

You might have enviously watched those luxury car auctions and wondered what it would feel like to bid on a vehicle you wanted. Though you don’t have the budget for one of those super exclusive luxury vehicles so often appearing in televised auctions, you might be surprised to know that you can participate in a car dealer auction.

Typically reserved only for licensed dealers, the auctions can enable buyers to get bargain basement prices on vehicles that can then be restored or immediately re-sold. There are many different ways that a car dealer auction occurs, but what they all share in common is that restriction – licensed buyers only.

Fortunately, the age of the Internet has made it possible for you to find agents who will use their valid dealer’s license to obtain the vehicle of your choice in a car dealer auction. Yes, that means what you might already be thinking – you get to purchase a car or truck for the same low price that your average dealer pays.

How to Find the Right Car Dealer Auction

To enjoy the opportunity of buying a deeply discounted vehicle means finding a site that will participate in the car dealer auction for you. However, you also want to be able to do all of the searching and monitoring of the auctions in which you are bidding. This limits your pool of options, but you can work directly with some truly amazing sites.

They are going to let you look through all of the possible auctions and inventories in which they can bid. For example, they won’t just limit the pool to cars manufactured within the past few years. No, they understand that there are collectors willing to refurbish vehicles or those who want vehicles strictly for salvage and/or parts. They also know that many buyers want reasonable prices on cars only a few model years old, and so the best sits have easy to use search engines that include data like year made, type of vehicle, make and model.

They will then setup an account for you, allow you to make a deposit on the vehicle, and then they take over with the bidding. You are always able to adjust your bidding prices to remain in budget or get a bit more competitive, and you may even be able to watch any auction in real time.

And when the auction ends? This is another reason to choose car dealer auctions because your agent will be able to complete the necessary paperwork and help you to get the vehicle into your hands. Even if you are an international buyer, you can work with the better car dealer auction sites to arrange for safe and effective shipping.

If you are willing to participate in an online car dealer auction, you can find an amazing array of high quality vehicles. The key is to find a site that has the valid licensing and the support services to get you into that car you’ve been dreaming about.