Auto Auctions

Auto Auctions are a method of selling new, and most often, used vehicles based on auction system. Auto auctions can be found in most nations, but are often unknown to most people. This is, such as in the case of the United States, because this a protected source for used car dealers.

In the USA, auto auctions are relatively unknown to the public at large, but play a major role as a wholesale market for second-hand vehicles. Most auto auctions are closed auctions, meaning only dealers can use them. There are also auctions that are open to the public. These auctions are a primary outlet for financial services firms to dispose of their large volume of off-lease returns, for rental and other companies to sell off their aging fleets and for car dealerships to dump trade-ins or other unwanted inventory. Some auctions in the United States are used by banks, the IRS, and other government agencies to sell vehicles that were repossessed for failure to make monthly payments or pay taxes, or were seized by the FBI, DEA, or the police. Also, there are some that sell US Government vehicles. Finally, there are those catering to the salvage market where insurance companies sell totaled vehicles.

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Copart auction is a salvage auction with 147 locations. Copart sells vehicles for a variety of consignors including finance companies, banks, dealers, fleets, rental car companies and the insurance industry.

IAA north american salvage auto auctions Insurance Auction Sells total-loss vehicles for insurance companies and dealers. Recently IAA acquired Adesa Auction to expand its re-marketing services.

Manheim auction dealer’s auction for wholesale vehicles with 113 locations worldwide. Not open the general public, used by financing companies & car manufacturers for re-marketing.

QCSA an umbrella of independent auction houses, Salvage Direct and Crashed Toys, specialize in the sale of cars and trucks, motorcycles, ATVs, RVs, boats, personal watercraft & other vehicles.

To transport a car from auction you will need:
  • Document required to pick up a car after hours at Manheim guard shack
  • Buyer #: Required for both IAAI & Copart
  • Stock/Lot #: Inventory number for the vehicle being picked up
  • VIN #: The full 17 digits or at the last 6 is required for verification
Handling inspections and damages:
  • Prior to Pickup: Upon request the driver can perform a visual inspection for specific items.
  • During Transport: Damaged vehicles can be covered and loose parts tied.
  • On Delivery: To unload a non-running vehicle makes arrangements for a fork lift or tow-truck.

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