Q:

Can anyone attend a repo car auction?

A:

Quick Answer

If a car auction is a public auction, anyone can attend, bid and buy. Most car auctions, however, are dealer auctions, which are only open to professionals in the car industry.

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Can anyone attend a repo car auction?
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Full Answer

Though a buyer can get a good deal on a car at a public repo auction, there are a number of considerations to keep in mind. First, many cars at these auctions need expensive repairs that are not advertised before bidding begins. There are also no guarantees that a car in a repo auction runs or is in shape to drive distances. There is also limited knowledge available about the cars, and many of the cars at a public auction are those passed over at dealer auctions, so they may not be good investments.

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