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Auto Auction Terms

There are automobile auctions held every day in different parts of the country. This type of auction generally involves public bidding on used cars, SUVs, pickup trucks, and minivans. Many people enjoy auto auctions because of the low sale prices or cheap rates they can get for repossessed vehicles. As you may know, government auto auctions offer used police cars, modified automobiles, and old cars that were taken in seizures all the time. It is helpful to understand some of the common key terms that apply to these auctions, and a few of them are listed below.

  • Government Seized Vehicle – A motor vehicle that was taken from someone by police officers or government agents, due to criminal activity.
  • Auto Dealer – A car dealer or automobile sales representative is a professional that specializes in selling both new and used motor vehicles.
  • Online Auto Auction – A car auction that is held online, and allows for people to buy used, repossessed, and government seized motor vehicles.
  • Repo Vehicle – This is a new or older car, SUV, truck, minivan, or motorcycle that has been repossessed by a bank, because payments were not made.
  • Wholesale Vehicles – These are motor vehicles that are purchased in large numbers by auto dealers at low wholesale rates.
  • Modified Vehicle – This is a motor vehicle that has been changed in some way from its original state.
  • Old or Classic Car – An automobile from a previous era, which is considered classic or antique.
  • Public Car Auction – These are automobile auctions that are open to the general public for bidding, but not vehicle trades.
    National Auto Auction Association
    Frederick, MD 21703
    We seek to provide you with the best auto auctions in the nation for whatever your buying or selling needs.  Listings of all sorts such as government, police, wholesale, liquidation, and every kind imaginable.
    (4) Reviews Write a review
    User Review: "A very good auction and service very pleasant. But still in comparison with the repokar.Com car auction and I think repokar..." - Jenny (CA)
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    Public Auto Auction of Hammond LLC
    2320 Michigan St, Hammond, IN 46320
    (1) Review Write a review
    (219) 844-6575
    User Review: "I bid on a car. The owner agreed to the price, but told me I couldn't get the car until after three the same day. When i..." - Myers (IL)
    Auto Auction Wholesalers
    6200 Indianapolis Blvd, Hammond, IN 46320
    (1) Review Write a review
    (219) 937-2277
    User Review: "Total disgrace of a place. There a far better places in the area, bypass this one"
    Cermak Auto Auction
    4454 W Cermak Rd, Chicago, IL 60623
    Cermak Auto Auction is Chicago's #1 Rated Public Auto Auction!! Find the car of your dreams at our public auction. At Cermak Auction, no reasonable offer will be refused!!
    (773) 521-1200
    Qcsa Auto Aucti
    1815 Summer St, Hammond, IN 46320
    (219) 932-0720
    Qcsa Auto Auction
    1849 Summer St, Hammond, IN 46320
    (219) 932-0355
    Dyer Auto Auction Inc
    641 Joliet St, Dyer, IN 46311
    (219) 865-2361
    Copart Inc
    89 E Sauk Trl, Chicago Heights, IL 60411
    (708) 755-0506
    State Line Auto Auctions
    499 E 16th St, Chicago Heights, IL 60411
    (708) 757-3600
    Family Auto Sales
    2100 S Halsted St, Chicago Heights, IL 60411
    (708) 248-6420
    South Chicago Auto Auction of Harvey LLC
    396 E 147th St, Harvey, IL 60426
    (708) 331-5533
    Insurance Auto Auctions Inc
    16425 Crawford Ave, Markham, IL 60428
    (708) 333-5700
    America's Auto Auction
    14001 Karlov Ave, Midlothian, IL 60445
    (708) 389-4488
    City of Chicago Auto Auction
    2959 W 47th St, Chicago, IL 60632
    (773) 847-6666
    Isold It
    1953 N Clybourn Ave, Chicago, IL 60614
    (773) 327-0455
    Insurance Auto Auctions
    111 Plaza Dr, Westmont, IL 60559
    (630) 794-9025

    Automobile auctions are a great way to get a deal on new or used vehicles. Though some cars sold in auctions are brand new and donated by the dealer, many of the cheaper vehicles are government owned. Often, these cars have been repossessed, donated and restored, or where gained in a property liquidation. Other vehicle may even be vehicles that police took in a property seizure, abandoned vehicles, or trucks that where towed, and never claimed. People interested in buying a car at an auction sale should consider that sometimes it is hard to find out the automobile's history. Therefore, it is wise to research auctions before attending them. To begin with, there are often vehicle reports available on the auction company's website, or by contacting the company. If the truck or SUV is used, try to find out any engine problems it may have had in the past, or any accidents the vehicle may have been in. Sometimes, this turns out to your benefit. The car is cheaper, but has been modified and updated with newer engine or body parts. Still, if this is the case, find out if the dealer has had a mechanic check over the automobile. Another reason to research any auction you are planning on attending is because often, there are specific-themed auctions. For instance, some dealers may feature only classic, restored cars, while others offer wholesale vehicles to the public. Other things you might want to consider are silent auctions that take place online, or looking for a trade-in vehicle. The only disadvantage here is that if you buy a car online, you cannot check it out first. Just remember to look into any place you are considering buying an automobile from!
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