
Car auctions
Car auctions are events where vehicles are sold to the highest bidder, often attended by dealerships, resale companies, or individual buyers. Sellers—such as banks, rental agencies, or private owners—offer cars they no longer need, and buyers bid competitively to purchase them. These auctions can be live, held in physical locations, or online, allowing remote participation. They provide a transparent process with set starting prices, and buyers inspect vehicles beforehand. Car auctions often involve vehicles with varying conditions, from nearly new to those needing repair, making them a resource for resellers and bargain hunters alike.