What is a Car Dealer Auto Auction?
Okay – so this answer seems simple – it is an auction where many car dealers both sell cars and buy cars. How does this work? Easy. Say you drive a five year old Toyota Camry but are going to trade it in for a big upgrade – lets say a Mercedes. You trade in your car and drive home with your new Mercedes but now the Mercedes dealer has a Toyota Camry to sell. A Camry really does not fit into the Mercedes cachet and the dealer likely does not want the Camry on his lot. People who go to browse at a Mercedes dealer are not looking for a used Camry. The Mercedes dealer will then offer up the Camry for auction along with cars from other dealers to create the pool of cars that make up a Dealer Auto Auction. So now we have the inventory for the dealer auto auction so next we need the buyers. The typical buyer at a dealer auto auction might be local used car dealer. They are looking for inventory for there lot and these auctions are one great place to go. The cars available at a dealer auto auc