SlideShare une entreprise Scribd logo
1  sur  7
Télécharger pour lire hors ligne
Auto Auction Guide
      Atlanta 2010
How to buy a car at a public auction like a pro!




                                                   1
Auto Auction Guide. 2010 Ed.
                                   Georgia.
AUTO AUCTIONS:
An auto auction is a business that acts as the middle-man between a buyer and a seller. They work
for the seller and not the buyer. There is two basic types of auto auctions, Public and Dealer.

Auto auction houses get their inventory from several sources, below are the main ones:
   • Dealer consignment, these are vehicles car dealers own. Car dealers get these vehicles as
      customer trade-ins or buy them from other dealers or auctions.
   • Salvage, these are auctions held by a local salvage yard and impounds, the vehicles are sold
      to collect past due towing and storage fees.
   • Repo’s, these are vehicles repossessed by finance companies after a borrower stops making
      payments.
   • Off Lease, these vehicles are owned by leasing companies and are usually 2-4 years old.
      Most of these vehicles are available to dealers only.
   • Government, these are vehicles sold by the federal or local government. You can also find
      IRS and border patrol seized vehicles.
   • Fleet, these are vehicles owned by large companies and are sold after a few years.
   • Rental, these are newer model vehicles and were used as daily rentals.


Auction Lingo.

Run List:
List of vehicles that will "run" at the next auction.

Auction Block:
The area at which the vehicle is being auctioned.

Market Report:
List of all previous sales at the auction with the winning bid price.

Bid Price:
Bid accepted from the auction floor or block on that unit.

Floor or reserve price:
A minimum amount that the seller will take for their vehicle.


                                                                                                2
Lane:
Where the vehicle runs to be auctioned off. Every lane has an auctioneer assigned to it. Example,
Lane A, Lane 1 etc.

Run Number, Inventory Number or lot Number:
Location of vehicle in a particular run, example: A12.

In-Op:
These vehicles do not run. Inoperative.

Clean Title:
No title defects. This does not mean the car does not have accidents, just that it wasn’t bad enough
to be salvage.

Rebuilt Title:
Car has previous salvage history and has been rebuilt and inspected by state and reinstated for
use.

Salvage Title:
Title issued on a total loss vehicle due to an accident.

Buy Fee:
This is an amount charged by the auction house above and beyond the winning bid. It’s usually
proportional to the price of the vehicle.

Bid # or Bidder's #:
Issued at registration and used when purchasing a vehicle, every buyer has a number.

Absolute”
Vehicle that does not have a "floor" price, will sell for the highest bid.

"if" or "verified with seller purchased":
If seller isn't present or not sure, the sale will be pending his approval.

Red Light:
Vehicle sold "AS IS" “WHERE IS” which means they carry no warranty of any kind either expressed
or implied.

Green Light:
Some kind of implied guarantee is attached to the vehicle. Listen for the Auctioneer’s remarks for
more info.

Ride and Drive:
The buyer has the right to drive and inspect the vehicle before paying for it and withdraw from the
sale if major items are discovered.

Ring-man:
This is the auctioneer’s assistant, he collects bids from the auction floor.

Title Attached:
This is actually confusing because it means exactly the opposite. Title is not present at the time of
sale.
                                                                                                        3
Public Auto Auction Houses:
This guide does not include junkyard or impound auctions as we NEVER recommend them. You can get better
deals at regular public auto auctions 100% of the time.
Always call these auctions before visiting them and always pull a run list and highlight the vehicles you are
interested in the most and pull reports on them (see page 6).


ABC Red Top Atlanta
www.redtopaa.com
444 Joe Frank Harris Parkway
Cartersville, GA 30120
770-382-1010
Public Auction Tuesdays @ 6:00PM


Adesa Atlanta.
http://www.adesa.com/Atlanta
5055 Oakley Industrial Blvd.
Fairburn, GA 30213
770-357-2277
Public Auction 3rd Thursday of the month @ 9:30AM.


Athens Auto Auction.
http://www.athensautoauctionga.com
5050 Atlanta Hwy
Bogart, GA 30622
770-725-7676
Public Auction every Tuesday @ 6:30PM.


Blue Ridge Auto Auction
http://www.blueridgeautoauction.com
107 Whitepath Road
Ellijay, GA 30540
706-635-1500
Public Auction Tuesdays @ 6:00PM


Georgia-Carolina Auto Auction
http://www.gcautoauction.com
884 East Ridgeway Road
Commerce, GA 30529
706-335-5300
Public Auction Wednesday @ 7:00PM and Fridays @ 6:30PM



                                                                                                                4
Manheim Metro Atlanta
http://www2.manheim.com/locations/BBAA/events
2244 Metropolitan Pkwy SW
Atlanta , GA 30315
(404) 767-3652
Public Auction 2nd and 3rd Tuesday of the month @ 2:00PM



Oakwood's Arrow Auto Auction
http://oakwoodsarrowautoauction.com/
4712 Flat Creek Rd.
Oakwood , GA 30566
770-532-4624
Public Auction Thursdays @ 6:00PM


Peach State Auto Auction
http://www.peachstateautoauction.com
2970 Highway 78 SW
Loganville, GA 30052
770-466-9000
Public Auction Mondays & Wednesday @ 7:00PM


Southeastern Auto Auction
http://www.southeasternaa.com
1712 Dean Forest Road
Savannah, GA 31408
912-965-9901
Public Auction Every Thursday @ 7:00PM




                                                           5
Online Public Auto Auctions:
These are government websites.

http://www.govdeals.com

http://gsaauctions.gov

http://autoauctions.gsa.gov

Private websites:

http://www.copart.com

http://motors.ebay.com




                                 6
Before you Bid:
   1. Pull a vehicle history report, there is two main sources, www.carfax.com or www.autocheck.com ,
      you get 1 free report with this guide. Additional reports are $5 each

   2. You can also run a free vin check for salvage title at:
      https://www.nicb.org/theft_and_fraud_awareness/vincheck/vincheck

   3. Inspect the vehicle, if you know nothing about cars then bring somebody with you.

   4. Have an idea what the car is worth. www.kbb.com or www.edmunds.com or www.nadaguides.com
      or you can text us the VIN# and miles and we will give you free Black Book Value which is the
      most accurate.

   5. Look up what others are selling their cars for www.autotrader.com or www.cars.com

   6. Make sure the vehicle has GA emissions, you can do this using this website:
      http://www.cleanairforce.com/motorists/virreprints.php

   7. Don’t be the first to bid on the vehicle you want, but make sure you keep eye contact with the
      auctioneer.

You can text us any questions you have 9AM to 9PM. 678-404-0455.

Good Luck.




                                                                                                       7

Contenu connexe

En vedette

Applications of Atomic Absorption Spectrometry (AAS)
Applications of Atomic Absorption Spectrometry (AAS)Applications of Atomic Absorption Spectrometry (AAS)
Applications of Atomic Absorption Spectrometry (AAS)Maharishi Dayanand University
 
Avaya Network Management Overview
Avaya Network Management OverviewAvaya Network Management Overview
Avaya Network Management OverviewMotty Ben Atia
 
BUSINESS ETIQUETTE AND CULTURE IN EUROPE
BUSINESS ETIQUETTE AND CULTURE IN EUROPE BUSINESS ETIQUETTE AND CULTURE IN EUROPE
BUSINESS ETIQUETTE AND CULTURE IN EUROPE Suharsh L
 
Cloud 101: The Basics of Cloud Computing
Cloud 101: The Basics of Cloud ComputingCloud 101: The Basics of Cloud Computing
Cloud 101: The Basics of Cloud ComputingHostway|HOSTING
 
The AWS Big Data Platform – Overview
The AWS Big Data Platform – OverviewThe AWS Big Data Platform – Overview
The AWS Big Data Platform – OverviewAmazon Web Services
 
Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Jas Singh Bhasin
 
Oracle Billing and Revenue Management(BRM)
Oracle Billing and Revenue Management(BRM)Oracle Billing and Revenue Management(BRM)
Oracle Billing and Revenue Management(BRM)Raghwendra Vikram
 
Big Data Analytics with Hadoop
Big Data Analytics with HadoopBig Data Analytics with Hadoop
Big Data Analytics with HadoopPhilippe Julio
 
Barriers to communication
Barriers to communicationBarriers to communication
Barriers to communicationNamrata Jadhav
 
Secrets of Smart Car Buying
Secrets of Smart Car BuyingSecrets of Smart Car Buying
Secrets of Smart Car Buyingmilfamln
 
Teradata Demand Chain Management (DCM): Version 4
Teradata Demand Chain Management (DCM): Version 4Teradata Demand Chain Management (DCM): Version 4
Teradata Demand Chain Management (DCM): Version 4Teradata
 

En vedette (14)

Applications of Atomic Absorption Spectrometry (AAS)
Applications of Atomic Absorption Spectrometry (AAS)Applications of Atomic Absorption Spectrometry (AAS)
Applications of Atomic Absorption Spectrometry (AAS)
 
Avaya Network Management Overview
Avaya Network Management OverviewAvaya Network Management Overview
Avaya Network Management Overview
 
BUSINESS ETIQUETTE AND CULTURE IN EUROPE
BUSINESS ETIQUETTE AND CULTURE IN EUROPE BUSINESS ETIQUETTE AND CULTURE IN EUROPE
BUSINESS ETIQUETTE AND CULTURE IN EUROPE
 
Cloud 101: The Basics of Cloud Computing
Cloud 101: The Basics of Cloud ComputingCloud 101: The Basics of Cloud Computing
Cloud 101: The Basics of Cloud Computing
 
The AWS Big Data Platform – Overview
The AWS Big Data Platform – OverviewThe AWS Big Data Platform – Overview
The AWS Big Data Platform – Overview
 
Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]Customer Relationship Management - Case Study [Mercedes Benz]
Customer Relationship Management - Case Study [Mercedes Benz]
 
CAD presentation
CAD presentationCAD presentation
CAD presentation
 
Oracle Billing and Revenue Management(BRM)
Oracle Billing and Revenue Management(BRM)Oracle Billing and Revenue Management(BRM)
Oracle Billing and Revenue Management(BRM)
 
Big Data Analytics with Hadoop
Big Data Analytics with HadoopBig Data Analytics with Hadoop
Big Data Analytics with Hadoop
 
Barriers to communication
Barriers to communicationBarriers to communication
Barriers to communication
 
Kasus penggelapan uang para nasabah citibank oleh melinda dee
Kasus penggelapan uang para nasabah citibank oleh melinda deeKasus penggelapan uang para nasabah citibank oleh melinda dee
Kasus penggelapan uang para nasabah citibank oleh melinda dee
 
Get Cargo insurance quote
Get Cargo insurance quoteGet Cargo insurance quote
Get Cargo insurance quote
 
Secrets of Smart Car Buying
Secrets of Smart Car BuyingSecrets of Smart Car Buying
Secrets of Smart Car Buying
 
Teradata Demand Chain Management (DCM): Version 4
Teradata Demand Chain Management (DCM): Version 4Teradata Demand Chain Management (DCM): Version 4
Teradata Demand Chain Management (DCM): Version 4
 

Similaire à Georgia Auto Auction Guide 2010

Essay About Assessment
Essay About AssessmentEssay About Assessment
Essay About AssessmentKatie Gulley
 
How To Buy A Used Car
How To Buy A Used CarHow To Buy A Used Car
How To Buy A Used Carchartwick
 
Carproof used-car-buying-guide
Carproof used-car-buying-guideCarproof used-car-buying-guide
Carproof used-car-buying-guideAdam Guerguis
 
5 Ways to Increase the Market Value of Your Car
5 Ways to Increase the Market Value of Your Car5 Ways to Increase the Market Value of Your Car
5 Ways to Increase the Market Value of Your CarGlen Hunter
 
Motor Vehicle Positive Aspects
Motor Vehicle Positive AspectsMotor Vehicle Positive Aspects
Motor Vehicle Positive AspectsCynthia Wilson
 
Motor Vehicle Positive Aspects
Motor Vehicle Positive AspectsMotor Vehicle Positive Aspects
Motor Vehicle Positive AspectsMaggie Turner
 
Autosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used carAutosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used carShervin Hessamfar
 
Automobile Donation: Charity Car Donations: Giving Back Community
Automobile Donation: Charity Car Donations: Giving Back CommunityAutomobile Donation: Charity Car Donations: Giving Back Community
Automobile Donation: Charity Car Donations: Giving Back Communitycardonation243
 
Car Selling Guide - Get the Best Price
Car Selling Guide - Get the Best PriceCar Selling Guide - Get the Best Price
Car Selling Guide - Get the Best PriceCCV Grooming Ltd
 
Auto Parts Executive Summary
Auto Parts Executive SummaryAuto Parts Executive Summary
Auto Parts Executive SummaryJessica Anderson
 
Sell Junk Car in Austin, TX for Cash
Sell Junk Car in Austin, TX for CashSell Junk Car in Austin, TX for Cash
Sell Junk Car in Austin, TX for CashJunkCarMedics
 
Cheap salvage other auto auctions bid n-drive
Cheap salvage other auto auctions   bid n-driveCheap salvage other auto auctions   bid n-drive
Cheap salvage other auto auctions bid n-driveBid N Drive Inc
 
Sell Junk Car in San Antonio, TX for Cash
Sell Junk Car in San Antonio, TX for CashSell Junk Car in San Antonio, TX for Cash
Sell Junk Car in San Antonio, TX for CashJunkCarMedics
 
File (5)
File (5)File (5)
File (5)lilfato
 
Buying a Used Car - It's a Money Thing
Buying a Used Car - It's a Money ThingBuying a Used Car - It's a Money Thing
Buying a Used Car - It's a Money ThingTim McAlpine
 
How to avoid the used car sales trap
How to avoid the used car sales trapHow to avoid the used car sales trap
How to avoid the used car sales trapViisLiam
 

Similaire à Georgia Auto Auction Guide 2010 (20)

Essay About Assessment
Essay About AssessmentEssay About Assessment
Essay About Assessment
 
How To Buy A Used Car
How To Buy A Used CarHow To Buy A Used Car
How To Buy A Used Car
 
Carproof used-car-buying-guide
Carproof used-car-buying-guideCarproof used-car-buying-guide
Carproof used-car-buying-guide
 
5 Ways to Increase the Market Value of Your Car
5 Ways to Increase the Market Value of Your Car5 Ways to Increase the Market Value of Your Car
5 Ways to Increase the Market Value of Your Car
 
Carauction pre1
Carauction pre1Carauction pre1
Carauction pre1
 
Motor Vehicle Positive Aspects
Motor Vehicle Positive AspectsMotor Vehicle Positive Aspects
Motor Vehicle Positive Aspects
 
Motor Vehicle Positive Aspects
Motor Vehicle Positive AspectsMotor Vehicle Positive Aspects
Motor Vehicle Positive Aspects
 
Autosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used carAutosource unlimited llc how to buy a used car
Autosource unlimited llc how to buy a used car
 
Automobile Donation: Charity Car Donations: Giving Back Community
Automobile Donation: Charity Car Donations: Giving Back CommunityAutomobile Donation: Charity Car Donations: Giving Back Community
Automobile Donation: Charity Car Donations: Giving Back Community
 
Art elica 04_genesove1993
Art elica 04_genesove1993Art elica 04_genesove1993
Art elica 04_genesove1993
 
Car Selling Guide - Get the Best Price
Car Selling Guide - Get the Best PriceCar Selling Guide - Get the Best Price
Car Selling Guide - Get the Best Price
 
The Guide to Buying a Used Car
The Guide to Buying a Used CarThe Guide to Buying a Used Car
The Guide to Buying a Used Car
 
Auto Parts Executive Summary
Auto Parts Executive SummaryAuto Parts Executive Summary
Auto Parts Executive Summary
 
Sell Junk Car in Austin, TX for Cash
Sell Junk Car in Austin, TX for CashSell Junk Car in Austin, TX for Cash
Sell Junk Car in Austin, TX for Cash
 
Cheap salvage other auto auctions bid n-drive
Cheap salvage other auto auctions   bid n-driveCheap salvage other auto auctions   bid n-drive
Cheap salvage other auto auctions bid n-drive
 
Sell Junk Car in San Antonio, TX for Cash
Sell Junk Car in San Antonio, TX for CashSell Junk Car in San Antonio, TX for Cash
Sell Junk Car in San Antonio, TX for Cash
 
File (5)
File (5)File (5)
File (5)
 
Buying a Used Car - It's a Money Thing
Buying a Used Car - It's a Money ThingBuying a Used Car - It's a Money Thing
Buying a Used Car - It's a Money Thing
 
The preowned car
The preowned carThe preowned car
The preowned car
 
How to avoid the used car sales trap
How to avoid the used car sales trapHow to avoid the used car sales trap
How to avoid the used car sales trap
 

Georgia Auto Auction Guide 2010

  • 1. Auto Auction Guide Atlanta 2010 How to buy a car at a public auction like a pro! 1
  • 2. Auto Auction Guide. 2010 Ed. Georgia. AUTO AUCTIONS: An auto auction is a business that acts as the middle-man between a buyer and a seller. They work for the seller and not the buyer. There is two basic types of auto auctions, Public and Dealer. Auto auction houses get their inventory from several sources, below are the main ones: • Dealer consignment, these are vehicles car dealers own. Car dealers get these vehicles as customer trade-ins or buy them from other dealers or auctions. • Salvage, these are auctions held by a local salvage yard and impounds, the vehicles are sold to collect past due towing and storage fees. • Repo’s, these are vehicles repossessed by finance companies after a borrower stops making payments. • Off Lease, these vehicles are owned by leasing companies and are usually 2-4 years old. Most of these vehicles are available to dealers only. • Government, these are vehicles sold by the federal or local government. You can also find IRS and border patrol seized vehicles. • Fleet, these are vehicles owned by large companies and are sold after a few years. • Rental, these are newer model vehicles and were used as daily rentals. Auction Lingo. Run List: List of vehicles that will "run" at the next auction. Auction Block: The area at which the vehicle is being auctioned. Market Report: List of all previous sales at the auction with the winning bid price. Bid Price: Bid accepted from the auction floor or block on that unit. Floor or reserve price: A minimum amount that the seller will take for their vehicle. 2
  • 3. Lane: Where the vehicle runs to be auctioned off. Every lane has an auctioneer assigned to it. Example, Lane A, Lane 1 etc. Run Number, Inventory Number or lot Number: Location of vehicle in a particular run, example: A12. In-Op: These vehicles do not run. Inoperative. Clean Title: No title defects. This does not mean the car does not have accidents, just that it wasn’t bad enough to be salvage. Rebuilt Title: Car has previous salvage history and has been rebuilt and inspected by state and reinstated for use. Salvage Title: Title issued on a total loss vehicle due to an accident. Buy Fee: This is an amount charged by the auction house above and beyond the winning bid. It’s usually proportional to the price of the vehicle. Bid # or Bidder's #: Issued at registration and used when purchasing a vehicle, every buyer has a number. Absolute” Vehicle that does not have a "floor" price, will sell for the highest bid. "if" or "verified with seller purchased": If seller isn't present or not sure, the sale will be pending his approval. Red Light: Vehicle sold "AS IS" “WHERE IS” which means they carry no warranty of any kind either expressed or implied. Green Light: Some kind of implied guarantee is attached to the vehicle. Listen for the Auctioneer’s remarks for more info. Ride and Drive: The buyer has the right to drive and inspect the vehicle before paying for it and withdraw from the sale if major items are discovered. Ring-man: This is the auctioneer’s assistant, he collects bids from the auction floor. Title Attached: This is actually confusing because it means exactly the opposite. Title is not present at the time of sale. 3
  • 4. Public Auto Auction Houses: This guide does not include junkyard or impound auctions as we NEVER recommend them. You can get better deals at regular public auto auctions 100% of the time. Always call these auctions before visiting them and always pull a run list and highlight the vehicles you are interested in the most and pull reports on them (see page 6). ABC Red Top Atlanta www.redtopaa.com 444 Joe Frank Harris Parkway Cartersville, GA 30120 770-382-1010 Public Auction Tuesdays @ 6:00PM Adesa Atlanta. http://www.adesa.com/Atlanta 5055 Oakley Industrial Blvd. Fairburn, GA 30213 770-357-2277 Public Auction 3rd Thursday of the month @ 9:30AM. Athens Auto Auction. http://www.athensautoauctionga.com 5050 Atlanta Hwy Bogart, GA 30622 770-725-7676 Public Auction every Tuesday @ 6:30PM. Blue Ridge Auto Auction http://www.blueridgeautoauction.com 107 Whitepath Road Ellijay, GA 30540 706-635-1500 Public Auction Tuesdays @ 6:00PM Georgia-Carolina Auto Auction http://www.gcautoauction.com 884 East Ridgeway Road Commerce, GA 30529 706-335-5300 Public Auction Wednesday @ 7:00PM and Fridays @ 6:30PM 4
  • 5. Manheim Metro Atlanta http://www2.manheim.com/locations/BBAA/events 2244 Metropolitan Pkwy SW Atlanta , GA 30315 (404) 767-3652 Public Auction 2nd and 3rd Tuesday of the month @ 2:00PM Oakwood's Arrow Auto Auction http://oakwoodsarrowautoauction.com/ 4712 Flat Creek Rd. Oakwood , GA 30566 770-532-4624 Public Auction Thursdays @ 6:00PM Peach State Auto Auction http://www.peachstateautoauction.com 2970 Highway 78 SW Loganville, GA 30052 770-466-9000 Public Auction Mondays & Wednesday @ 7:00PM Southeastern Auto Auction http://www.southeasternaa.com 1712 Dean Forest Road Savannah, GA 31408 912-965-9901 Public Auction Every Thursday @ 7:00PM 5
  • 6. Online Public Auto Auctions: These are government websites. http://www.govdeals.com http://gsaauctions.gov http://autoauctions.gsa.gov Private websites: http://www.copart.com http://motors.ebay.com 6
  • 7. Before you Bid: 1. Pull a vehicle history report, there is two main sources, www.carfax.com or www.autocheck.com , you get 1 free report with this guide. Additional reports are $5 each 2. You can also run a free vin check for salvage title at: https://www.nicb.org/theft_and_fraud_awareness/vincheck/vincheck 3. Inspect the vehicle, if you know nothing about cars then bring somebody with you. 4. Have an idea what the car is worth. www.kbb.com or www.edmunds.com or www.nadaguides.com or you can text us the VIN# and miles and we will give you free Black Book Value which is the most accurate. 5. Look up what others are selling their cars for www.autotrader.com or www.cars.com 6. Make sure the vehicle has GA emissions, you can do this using this website: http://www.cleanairforce.com/motorists/virreprints.php 7. Don’t be the first to bid on the vehicle you want, but make sure you keep eye contact with the auctioneer. You can text us any questions you have 9AM to 9PM. 678-404-0455. Good Luck. 7