Where to Look for Repo Auto Auctions

Start your search for repo auto auctions by contacting your lender and other local lenders, especially any that do a high volume of auto loans. Some sell repossessed vehicles on their own and can tell you who to contact to find out when and where to look at the cars and what is available. Most hire auction companies to sell all their repos at large auto auctions. Ask how to contact the company to find out more about their auction times and policies.

Besides contacting auction companies the lenders told you about, you can also call other auction companies and ask if they manage repo car auctions. If that company doesn’t, ask if they can tell you which companies do. Once you find those that put on the auctions, inquire if the auctions are at set times and places and if the company has a notification list you can get on.

Another useful local source is the newspaper. Your local newspaper will run auction ads, but they often are only once a month or less. Call the paper to find out what day they print those ads and which section they are in. They are usually all together, making it easy to quickly get the information you need.

Online repo auto auction websites gather information about repo auto auctions all around the country and from many different companies. They usually will provide email notification of future auctions once you have signed up. However, most of them do charge a fee, typically a one-time or annual membership, to use their site and receive the notices. Some also have a repossessed vehicle database, allowing you to search for specific makes and models you are interested in. These can save you money with the time they save you and help they give you in finding the car you want.