| Living in Dallas, TX, I am right in the middle of auto | | | | deal with all sorts of cars. You can go to police |
| auction mania. I am always amazed at how quickly | | | | auctions, sales by the IRS, or even by private |
| the cars pass through the auto auction and are | | | | financial corporations. The way it works is that cars, |
| shipped to wherever their destination is. Many times, | | | | seized from people who were either convicted of a |
| when people trade in a vehicle, the dealership doesn't | | | | crime, fell behind on some sort of payment schedule, |
| keep that particular car on their lots. They often | | | | are resold by the government or private financial |
| times will sell that vehicle to an auto auction to be | | | | industries. You can get cars at these sales for a |
| resold to other dealerships or individuals. In fact, an | | | | fraction of the price of the kind of car auctions I |
| auto auction is where a great deal of used car | | | | was talking about, but of course there is a trade off. |
| dealerships get their inventory from. | | | | Because they are cars that have been seized, you |
| There are different kinds of Texas car auctions that | | | | do not get to find out anything about the state of |
| you can try. The one I did worked over the internet. | | | | the car, or what damage might have been done to it |
| It was actually a pretty simple system. The way that | | | | before the sale. |
| it worked was that, after signing up for an account, I | | | | The majority of the vehicles that I see on a daily |
| was hooked up to Texas car auctions all over. I could | | | | basis that are at the Texas auto auction, are |
| bid on cars, see all of the relevant information about | | | | incredibly modern cars. There might be rows of the |
| them, and even pick out custom features like | | | | exact same model and color of a particular vehicle |
| sunroofs and power steering. By the time I had | | | | but at least I know what cars are in demand. The |
| picked it up from the warehouse, I had saved | | | | auto auction has an excellent reputation because of |
| something like 3,000 dollars over the price that I | | | | their picky nature. They don't purchase vehicles just |
| would have paid to buy the same car locally. All in all, | | | | for the sake of it. They purchase vehicles that are |
| not too bad a deal, if you are willing to wait for a | | | | worthwhile and popular. If I were a dealer, I'd be |
| few months. | | | | filling my lots with vehicles from the auto auction - no |
| Of course, the more common form of car auctions | | | | doubt about it. |