How complicated are the “traditional” live auctions?
Not complicated at all. Typically, you would arrive to your local-area repossessed car auction early in the morning and inspect the cars on the lot that are up for sale that day. Typically many cars would start from only $100 and if there is limited number of attendees that day (and we have so many sources that it is probable that you will have almost no other bidders) then you are likely to get the repo car you want for a ridiculously low amount when the actual bidding starts later that day! Most auction houses also offer an “inspection” day usually two days prior to auction. All you need to bring to register as a potential purchaser/bidder is a valid photo ID. We have comprehensive auction tutorials in our Member’s Area to give you the information and confidence to buy at a live auction.