Auctions Wholesale

How much do dealers pay at auctions for cars.?

I want a car that is 5,000 dollars. How much would it sell for at auction something like a 97 Mercedes Benz E320? The 5000 is what a dealer would sell for, how much would the dealer buy it wholesale at auction? for $250 a dealer salesman will take me to the auction.

Public Comments

1. There are way too many variables: the condition of the car, the mileage, the color combination, options, its "heat" factor in your area, and if its a previous rental. All these play into the final bid for each car. And unless you buy and sell cars for a living and know them inside out, including their wholesale and retail prices, plus how much repairs will be, you'll be making a blind bid. And that can haunt you if you bid wrong. A salesman is charging you $250 to go to the auction with him? What a rip off! It doesn't cost him a thing to go. He's made a decent commission off you without selling you anything! What if you don't find a car on the day you go? Will he refund your rmoney? Or take you for free until you do find a car? I doubt it. Do yourself a huge favor, forget the auction. Save your $250 and put it towards a car that's already been thoroughly reconditioned.
2. One of those will cost you a little more than $5,000 at a dealer's auction. You should make sure that they have that car for sale first before you even go to the auction with the dealer. Otherwise you'll be wasting $250. If you want a good car auction you can go to, you should join one of those car auction sites that list auctions in you city/state. They also let you know what cars they have for sale before you even go so you won't waste your time.
3. Send me an email, tell me what car you're looking for (year, make, model, and mileage). I'll send you a run list from the major dealer only auctions in Florida with the average wholesale prices.