How Broken Are Cars And Trucks at a Wholesale Dealer Auction?
For those who have dabbled in the world of car sales, if they’re being brutally ...
For those who have dabbled in the world of car sales, if they’re being brutally honest, they’d likely allude to the idea that auction cars can have a bad reputation. The point of an auction is for dealers to be able to buy and sell cars. Often times, these cars will end up in the auction because the dealers with the best reputations won’t put them on their lots.
That doesn’t always mean that the cars in question are guaranteed to be bad. At the end of the day, there are certain dealerships that refuse to sell trade-in vehicles because of very specific things like mileage or simple modification. If you’re really looking for a good deal at an auction, we’re sure it’s there to be found.
However, the bad reputation for auto auctions still exists. This time, though, thanks to the VINWiki YouTube channel, we’re able to take a dive into this world. Is the auto auction industry as bad as it might seem or has it just put together a reputation that isn’t exactly fair?
After catching up with a mechanic and arbitrator at a wholesale dealer auction, we get the inside scoop on how these places operate. At the end of the day, it’s a high-intensity environment that’s constantly moving. It can be difficult to navigate because sometimes, the people buying and selling in this industry aren’t exactly honest. Trying to figure out who’s telling the truth, who isn’t, and what’s fair can definitely prove to be a full-time job and then some.
After processing this one, I think some people might come around to the idea of an auto auction. However, it certainly seems that some auction houses are probably a little bit more reputable than others. The best thing that we would recommend doing if you’re considering approaching one of these auctions is doing as much research as you can. Buying a car from a bad auction house just sounds like a downright bad time.