How do car auctions work?

Answer 1

There are many different kinds of car auctions, including ones that are strictly for dealerships. Public car auctions display the cars before the actual auction takes place. Then, bidding takes place in which bidders can compete to buy the car.

Answer 2

Generally, the cars in auctions, are either repos or old fleet vehicles that need to be sold. As with all auctions, the highest bidder wins.