How to Buy Cars at Dealer Auctions
- 1). Locate a dealer's auction site. You can find most auction sites in the phone book or on the Internet.
- 2). Obtain you dealer's license. Only licensed dealers may participate in dealer's auctions.
Follow the guidelines of your particular state. Most states will require you to have a business name, and you must be bonded. Bond amounts vary state to state, so check with your state's motor vehicle department. - 3). Determine the type of vehicle you want and the cost range.
- 4). Attend the auction. Register at the auction site and examine the vehicle inventory. If you find a vehicle you like, be ready to bid on it. If you win the auction, have your paperwork prepared and make payment for the vehicle. Many auction sites will have delivery available; however, you may need to arrange delivery on your own.