The largest company in the world that makes its money by auctioning cars runs the Manheim auctions. It provides the sellers with those specific services that allow a car to be prepared for presentation by the auctioneer. Those services include financing, title creation, and transportation, recovery and auto repairs.
The same company also provides services to bidders. Each bidder must have a dealer’s license. The Manheim auction is ready to work with dealerships. It stands ready to assist with a dealer’s remarketing efforts.
The company’s first sale concerned the purchase of a single vehicle, one of three that had been auctioned on that same day. That sale was made soon after the company’s founding in Manheim, PA, during the year of 1945. At the moment, the name Manheim auctions is linked to auctioning events that take place in 130 different locations, across the expanse of the Earth.
Each bidder can take advantage of the available post-sale inspections, which are performed by means of a software program. Such inspections can prove especially useful, when the bidding takes place at the initial site, in Manheim, PA. That is because Pennsylvania law requires display of an updated inspection sticker on every car that travels down the road, bearing a Pennsylvania license plate.
Each inspection sticker remains valid for six months. Hence, it would seem that a dealer might want to buy a vehicle with a sticker that would remain valid until the time of the next inspection. However, there are only two options available to each bidder/dealer. He or she can request either a 7-day or a 14-day sticker.
Those who take the time to study posted comments on the Internet will discover that dealers are not the only people who place bids at one of these large auctions. Sometimes, a car-buyer will pay a dealer for the chance to appear at the auction-site, holding a dealer’s license. Car-buying men and women use that approach, when they are seeking to save a few extra dollars.
In actuality, the bidder’s total savings do not come to a large figure, since each of them must be balanced by added costs. Some of those costs result from the cash spent, while traveling to the auctioning site. Other added costs result from the need for arranging for a pick-up of the purchased vehicle, as well as the payment made to the license-holding dealer.