Originally Posted By: Ramblejam
Originally Posted By: JTK
Originally Posted By: CKN
How many ordinary people have access to an auction?
Exactly. Maybe in some areas. But most? No way. Dealers snap up anything that's decent and registered walk-ins get the crumbs. I've been there
So you've been to an auction, and now you're an expert on them? Great.
Look, auctions aren't for everyone. However, there are many options out there for John Q. Public to get whatever they want at them.
I'm not an expert on them but, for a very brief period of time, I owned two auctions.
In my area, the cars available to the non dealer public at an auction were the bottom of the barrel used cars.
Can Joe Q. Public get a servicable vehicle this way? Sure. Something has to be at the bottom of the barrel - doesn't mean it's not servicable.
Joe Q. Public can also get the car that had sawdust put in the diff, liquid glass in the coolant, loctite on the cylinder head threads, and all the other low life tricks people do to get their clunker running long enough for a "trade" at a dealer. These are also public auction cars. Someone has to buy them.
Cars are a commodity. Doesn't matter if it's a Mazer or a Mazda. If the exchange lets just anyone in, don't delude yourself that the best pork bellies are going to be traded that day.
Even dealer only auctions aren't all that great. In my area, these were at best second tier cars, but typically third tier cars.