Go to Dealer Auctions!

Posted on October 9, 2012 by Aaron

By now, you’ve probably heard about the amazing deals people receive when they attend dealer auctions, buying cars for hundreds, if not thousands, of dollars less than market value. Want in on the action? Well, it’s not that easy. If it was, everyone would do it. But let us help explain the process and get you set up to attend dealer auctions.

There are various types of car auctions, including government, police, public, and dealer auctions. Of these, dealer auctions are where the buyer can find the best deals on vehicles. However, to attend a dealer auction, you must be either have your own dealer license or be a representative of a dealership with authorization to attend the dealer auction. Once you are listed as a dealer with your own dealer license or as a dealer representative, you’ll be able to view all of the vehicles you would at a regular auto auction, and bid on them on behalf of your dealership.

The most exciting thing about these dealer auctions is that the prices are much lower than what you’d pay for a similar vehicle at a public auction. But, please take note, dealer auctions tend to have more salvage title cars than other public auctions. However, many used car dealers find salvage vehicles to be profitable, as most dealers and dealer representatives won’t bid on salvage title vehicles.

Now that you’re excited to attend a dealer auction, what’s next? Well, you have two options. You can either go through your DMV, create your own dealership and obtain a dealer license for your state, or you can become a representative of a dealership, or in other words, an employee.

Visit www.MyAutoLicense.com and let us help you gain access to dealer auctions!