Whether you’re a dealer, body shop owner, or dismantler, chances are you are always looking for a great deal! Here are a few options — some old, some new — at your disposal as you try to get the best prices on the vehicles.
* Trade-ins. This option works well for many dealerships, but you also have to rely on your customer base for the types of vehicles you’ll be bringing in. However, you can get a good price from customers who simply want to upgrade to a newer vehicle and be done with their old one.
* Repossessed vehicles auctions. Pros have been getting great prices at repossessed vehicle auctions for years. It pays to know the auction rules ahead of time and be aware of taxes and fees that come after winning an auction.
* Online auto auctions. Online auctions open up a whole new world to buyers. This is probably the easiest way to find specific types of vehicles at reasonable prices, due to the sheer volume available. For example, Copart has more than 75,000 vehicles available for bidding each day, so there’s a good chance you’ll find what you’re looking for. As with respossed vehicle auctions, you’ll want to familiarize yourself with the terms before you enter.