Online Auto Auction for Dealers

 

Online Auto Auction for Dealers  

 

An online auto auction for dealers is the most common type of online auto auction. What it means to you if you are not licensed is that you can not participate. Actually you can participate if you can find a dealer that will bid for you. Probably the best place to find these types of auctions is by using a site like Auctionresource.org 

 

Click here for a list of the top rated auction sites 

 

There are a couple of major differences between an online auto auction for dealers and one that is open to the public besides the fact that the dealer auctions are for folks that hold a dealers license.  

 

The Stock  

 

At an online auto auction for dealers the inventory is going to be a bit different. For example you may find inventory that comes in lots. This means that more than one vehicle is being auctioned off at a time.  

 

Public auction very rarely will sell vehicles in lots. It typically is not something your average Joe is willing to bid on but for a dealer finding vehicles in lots that say come from government surplus could be a gold mine.  

 

There may also be more vehicles that are being sold for parts at an online auto auction for dealers simply because dealers are the ones that can benefit the most from cars that are not salvageable but still have many parts that are in top condition.  

 

Another exclusive to online auto auction for dealers inventory items are cars or trucks that have salvage titles. In many case these cars or trucks were ‘totaled’ by the insurance company but  can be resold with a little bit of an investment. Many dealers are more than willing to go the extra mile and put in the money to be able to resell these types of vehicles at huge profits.  

 

The Action  

 

Lets face it dealers are more savvy than the average consumer they know what sells and they know what most people are looking for in a car so the action is a bit heavier in an online auto auction for dealers.  

 

There may be a couple of cars that are on the block that there is a frenzy around because the dealers as a collective know that those are the cars that have the highest resale value.  

 


Click here for a list of the top rated auction sites 

 

Dealers are all about the potential profit. They are looking to make a quick buck so the bidding action is a bit different at an online auto auction for dealers than it is at an auction open to the public.  

 

Finally there is less competition at an online auto auction for dealers because obviously not everyone can participate.