I came across an online ad from an auto dealer willing to take people to these dealer only auctions for a fee. Has anyone had any experiences with these auctions? Is it a significant savings for a car in good condition?ThanksOne important question: what is a good benchmark to use to determine wholesale price? Would trade in value be approximate?

A friend of mine knew a dealer who did the same thing. They ened up getting a heck of a deal in the action. But I think the dealer had to be the one to actually pay for it. They gave him the money and they got the car for cheap. Hope this helps.

dealer only auctions are great, for all involved. unless that fee is more than%5 of what you'll spend on the car, take the opportunity to get a deal.

there are good deals at dealer auctions, there are also junkers at the same auctions. I was a dealer for 10 yrs and when you buy a car at 1 of these auctions , you own it if it breaks in 2 , you own both halves, caveot emptor, sorry for the spelling

I have taken a few select customers to auctions, and they can be great places to buy cars.There are different lanes, and some cars are totally as-is, while some cars have limited guarantees placed by the seller.Know what you are looking for, what you can afford before you go, because some of these go fast, and there is not a lot of time to decide.Work with the dealer beforehand, try to get cars that have been inspected, or have a seller warranty, and know what you can spend, and you should do ok.

Ask yourself this question, if the auction is for dealers only and your allowed to bring along whom ever why bother having car lots ???... I would sure like for you to add a reply to your question where you have seen this add, yes you can sneak a friend in as a guest and buy that person a car, but advertise the service no wayMy guess is its dealer public auction and someone trying to make money showing you a fair buy...for what I think about public auctions check out my webpage http://www.usedcartips.org/AUCTIONS.html