View Full Version : Car auctions
edwinh19
Aug 29, 2011, 07:06 PM
I wanted to start to buy cars that are either crash or not working well from car auctions and sell them for profit. I just haven't found the right website that won't scam or over charge. Can anyone give me good websites and information on how to get started?
Fr_Chuck
Aug 29, 2011, 07:32 PM
Do you have a state permit/license to sell autos ?
Most areas of the US have local auctions of similar cars.
ballengerb1
Aug 29, 2011, 07:38 PM
Where do you live? In most states you are only allowed to title and sell a limited number of vehicles per year unless you are a dealer like Fr_Chuck is directing you. You never buy a car from an auction on a website unless you want to lose money. Show up at an auto auction yard like Chicago Auto Auction | Car Auctions Chicago | Public Auction | (http://www.tsaachicago.com/) and see how it works, learn the ropes. Maybe even a Police auto auction. Personally I don't see much of a profit in this compared to simply working as a mechanic.
Fr_Chuck
Aug 29, 2011, 07:51 PM
My son travels to some areas, like chicago and denver and goes to dealer only sales ( not internet that is open to anyone)
And gets great deals on fancy cars, HIGH END. And does well selling them as a hobby.
There are police auctions and auctions of departments like city trucks, or forestry department. But most of those are in person and you have to go there in person.
edwinh19
Aug 29, 2011, 07:59 PM
I live in California and no permits