What Are Public Car Auctions?
Find out all about public car auctions. Learn what types of cars are typically sold at car auctions open to the public, and the latest in online car auctions. Public are auctions are a great space to find a car for cheaper than at a dealership. And if you use an online auction you can find even better prices. Read on to find out what to expect at a live public car auction.
What is a Live Public Auto Auction?
A live public auto auction is open to anyone, even those without a dealer licenses. At these auctions you can place a bid on a car and if you have the highest bid you can purchase the car. Usually registration is required along with an entrance fee.
Types of Cars Sold at Car Auctions
Live public car auctions are a great place to find deals on all types of cars. From used cars to salvage cars, there is a lot to choose from.
Clean Titled Cars
There will be a large selection of used cars at public auctions. Usually these cars have been repossessed from banks, trade-ins, and wholesale lots. The quality of cars can very from auction to auction so it is important to do some initial research to find out how much you are willing to put into the car you purchase.
Salvage cars are cars that are not legally allowed to be driven on the road. This means that insurance companies have wrote it off and are usually the ones selling the car. Insurance companies have written the car off because it is of better value to sell than to pay for the damages. There are many reasons that cars can be written off - accidents, vandalism, flooding, or even stolen and recovered. It is important that you look into the reasons the car was given a salvage title. While they are the cheapest cars at auction, they are usually purchased for their parts.
Police and Government Cars
Another option at public car auctions are police and government cars. You can usually find these cars at auctions hosted by their respective authorities. Government and police cars will have higher mileage but are usually in good condition as they have been maintained properly throughout their lifespan.
Online Car Auctions
If you’re looking for convenience and some of the best rates, online car auctions may be your best bet. You can browse through the selection of cars from the comfort of your home. Using your desktop computer or mobile browser, AutoBids offers a quick and easy way to find cars at auction. You can filter by car type, mileage, price, and location. All you have to do is register for an account and you can start bidding today!