Auto auctions are a method of selling new, and most often, used vehicles based on auction system. Auto auctions can be found in most nations, but are often unused by most people, since in most nations such as the United States, auto auctions are exclusive to used car dealers. In a few countries, such as Japan, auto auctions are well known and used, sometimes indirectly, by most residents.
It’s frequently said that buying a car at auction is a simple way of saving a lot of money. And now is as good a time as any for private buyers to attend auctions because fewer traders are on the lookout for cheap cars in the run-up to the slow Christmas period.