Dealers Auto Auctions

Every state in the US has dealers auto auctions that dealers can participate in; the dealers auto auctions that are offered are generally for professionally licensed and registered dealers only, and are therefore not open to the general public.

Dealers Auto Auctions: Considerations

Dealers auto auctions include a wide range of vehicles.  Dealers can buy or sell SUVs, cars, trucks, and recreational vehicles.  The inventory that appears on an auction block generally consists of repossessed cars and trucks, fleet cars, company vehicles, end lease offerings, and off rental options.  Car rental companies normally only keep a new car in their fleet for a few years before they auction it off.  These cars are considerably well maintained and the care of the vehicle is often tracked and logged.  Off lease vehicles are usually cars that have been leased for a few years.  These vehicles also have to be maintained in a specific manner as is specified by the lease agreement.  Company fleet vehicles are often changed and traded in every few years too.  These vehicles can prove pretty good buys if they have not racked up a lot of miles or if they have not been abused.

Trade in vehicles show up on the auction block in different conditions.  Some may be great vehicles while others may only be good as a parts car or as a fix it project.  Salvage cars are sometimes auctioned off as well; these vehicles are great for custom car builders and for those individuals looking for a parts car too.  Meanwhile, repossessed cars and trucks are also offered on the auction block so that the lender can recoup some of the monies lost on the vehicle.  These vehicles will also be in varying conditions; the condition of the car or truck will greatly depend on how well the former owner cared for the vehicle in question.

Dealers Auto Auctions: Additional Considerations

When a dealer plans on attending one of many dealers auto auctions, they need to find out about the policies pertaining to the auction itself and the policies surrounding pre-auction inspections.  There are many organizations that arrange specific days and times when all of the cars or trucks going on the auction block can be visually inspected.  Typically, test drives are not allowed, but dealers can listen the vehicle run and can examine the interior and exterior of the vehicle.  In contrast, other auctioneers do not permit a physical inspection.  In such cases, a dealer will need to get access to the vehicle VIN number to get a full history report on the vehicle in question.   In fact, even if a physical inspection is permitted, it is still recommended that the dealer get a history report to find out everything they can before bidding on the vehicle.

Dealers auctions have defined selling systems and product descriptions.  The system is usually based on a light system and vehicles are described as green light, yellow light, and red light vehicles.  Green light vehicles mean that these cars are in good condition, are sound mechanically, and they can be driven.  Yellow light descriptions mean that the vehicle is okay, but that it may have a few issues; the dealer should bid with caution and understand that repairs are likely.  Red light vehicles are as is vehicles; this means that they will require repair and that they have probably sustained significant damage or have significant repair issues.  This light system helps a dealer to truly understand the condition of a vehicle before they begin the bidding process.   

Locating Dealers Auto Auctions Online

Dealers Auto Auction of the Southwest

Dealers Auto Auction of the Southwest, otherwise referred to as DAASW, is a company that supplies dealers auto auctions each Wednesday in their Phoenix location.  The auctions are presented by Ove, OpenLane, Auction Pipeline, and GMAC SmartAuction.  The dealers auto auctions give dealers a chance to bid on trucks and cars that are being auctioned off by Cactus Jacks, PHH, Fireside, Lobel Financial, the Larry Miller Group, and Earnhardt among other sellers.  This company is an auction site offering full services including post sale inspections, automotive repair, automotive detailing and automotive delivery.  Dealers can register online and review the dealers auto auctions policies online too.  Ready to drive vehicles, and as is offerings.  For full details about the auctions hosted by this company visit http://www.daasw.com.

Dealer’s Auto Auction (DAA)

The Dealer’s Auto Auction (DAA) is another organization offering access to dealers auto auctions.  This organization hosts regular auctions in Huntsville, Alabama, Mobile, Alabama, Murfreesboro, Tennessee, and Memphis, Tennessee.  Dealers can use the application online to register for upcoming dealers auto auctions at selected destinations.  The dealers auto auctions are not open to retail customers: in order to sell or buy the auction participants must be a registered and licensed dealer.  Any purchases must be paid in full the day of the sale.  For more information about the auctions available visit http://www.dealersauto.com/.

Dealers Auto Auction of Idaho

Dealers auto auctions are also hosted in Idaho.  The Dealers Auto Auction of Idaho offers regular auctions and they list their events on their website.  Auctions are hosted at 3323 Port Street in Nampa, Idaho.  This organization also hosts public auctions and online bidding auctions as well.  There Internet bidding and onsite auction policies are accessible online too.  If a dealer bids on a vehicle that has had flood damage, substantial hidden damage, or a damaged frame, they have the right to return the vehicle within fifteen days of purchase.  All fleet lease cars and repossessed cars are offered in “as is” condition.  Any purchases made must be paid in full the day of the sale.  For more information the upcoming events and auctions visit https://www.daaofidaho.com.