Typical Auto Auction
Buyers
At a open-to-the-public auto
auction you will find several types of
buyers: from used car dealerships looking to add to their fleet
of cars for resale to salvage business-owners who want to
replenish their supply of automotive parts. But here's a
profile of the typical car auction shopper.
Which One Are You?
1 | There's the
'anything-that-runs' car auction
shopper. These folks are not too picky about the make
and model of the vehicle. Your average 'Joe' is really just
looking for something that runs, and hopefully has all its
parts.
2 | You have your
'reliability' car auction
shoppers. These buyers are convinced of the reliability
of a certain make of car. For example, they will pick up
anything with a Honda or Toyota insignia . . . and most of
them will pay top dollar (within reason).
3 | The 'fixer or
flipper' car auction shopper is
looking for something that is cheap to work on or work
with. These folks are ultimately looking to flip anything
they get at a car
auction. Nine times out of ten, you
won't see these buyers bidding on SUVs, trucks, minivans,
or luxury cars unless it's well beneath their price range
and nobody else is interested.
4 | 'Luxury'
car auction shoppers have the money to invest in
higher-end vehicles. These buyers have thousands to throw
around and aren't afraid to use it, and usually go for the
guaranteed or dealer quality cars at anything less than the
usual sticker price. They may also pick up a slightly beat
up Caddie, Beamer, or classic car to restore, if they feel
a special fondness for those kinds of cars.
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