Have you ever had a conversation with your friends about what your top 5 best movies, TV shows, or artists are? You’ll usually explain why your top 5 are your favorite, and you may even get your friends to check them out. Similarly, if you’re a new auto dealer, you may ask other dealers “Which auto auctions are the best?”

When you go to an auto auction, you usually attend with the intention of buying a vehicle. Whether it's a car, truck, or SUV, you have a plan to take home a unit. But did you know you can also take home a dog?

Have you ever missed a new episode of your favorite show and felt sad? Then, by luck, the episode came on again and you were able to watch it before someone spoiled it for you? That’s what a second chance sale is like for auto auction buyers and sellers.

In 1929, The Roaring Twenties came to a catastrophic end when the stock market crashed. After 9 years of market value reaching peak highs, they dropped to rock bottom, ushering in to the Great Depression. Due to this, the demand for goods decreased.

Do you wish there was a guide to success that told you everything you needed to know to live a comfortable life? Unfortunately, there isn’t one. However, if you’re an auto auction bidder looking for a guide to help your business, we’ve got you covered.

In the words of Homer Simpson, “Everyone makes mistakes. Yours is just public and expensive.” Sometimes bidders at an auto auction make the mistake of bidding on a vehicle, which can be expensive.

In the 1950s, business owners would hire the Mafia to protect their establishment. Every week, these owners would pay the Mafia around $100 to guarantee the neighborhood remained safe. The Mafia made sure to keep drug dealers, gangs, and burglars away from their client’s business. However, if you refused to pay the Mafia for their services, they would burn your business down.

Have you ever gone on a date and the person ended up looking completely different than their profile photo? That’s called being “catfished” and it’s a horrible experience (or so I've been told). It may make you skeptical of any photo you see and question whether what you’re looking at is real or not. But did you know it can happen with vehicles, too?

In a perfect world, we could simply put a “For Sale” sign on our used cars and someone would pay whatever we ask. Realistically though, that’s not the kind of world we live in. Unless your vehicle was featured in the “Fast and The Furious” series, the odds of you getting a large amount of money for it aren’t high.

Back in the 1800s, the only way to transport goods was by a horse-pulled wagon. A single horse would pull a wheeled vehicle containing up to 2,000 pounds of items. Now, imagine having to use a horse to transport your lot of vehicles to and from an auto auction house. That would be crazy!