Dealer Auto Auctions
Okay - so this answer seems simple - it is an auction where many car dealers both sell cars and buy cars. How does this work? Easy. Say you drive a five year old Toyota Camry but are going to trade it in for a big upgrade - lets say a Mercedes. You trade in your car and drive home with your new Mercedes but now the Mercedes dealer has a Toyota Camry to sell. A Camry really does not fit into the Mercedes cachet and the dealer likely does not want the Camry on his lot. People who go to browse at a Mercedes dealer are not looking for a used Camry.
The Mercedes dealer will then offer up the Camry for auction along with cars from other dealers to create the pool of cars that make up a Dealer Auto Auction. So now we have the inventory for the dealer auto auction so next we need the buyers. The typical buyer at a dealer auto auction might be local used car dealer. They are looking for inventory for there lot and these auctions are one great place to go.
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