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June 25, 2013

Do I have to Have a Permit or License to Buy at an Auction?

Auto auctions come in all shapes, sizes and flavors. Some auctions require you to be an active, paying member, and others only require you come on-time with money in hand.

A major factor to consider when attending an auction is whether you need a permit or license to enter. First, if you plan to go into this industry with the idea of selling cars for profit, your state may require you to obtain a car dealer’s license. I’d advise checking your local DMV for laws governing your state. Also, some auctions are only open to auto dealers so, before driving to the auction, be sure to check ahead on the license requirements.

Secondly, some states don’t require you to have a license to enter normal auctions but do require you to have a business entity such as a LLC or S Corp before you can purchase. This rule lifts the liability from you, the purchaser, and the auction house and places it firmly onto the shoulders of your corporation. Again, check the state requirements by contacting either the local DMV or the auction house and requesting a requirements sheet.

Lastly, remember even if the auction doesn’t require you to have a permit or a license, they may require you to have insurance before you can drive away from the lot with the vehicle. Although it’s the buyer’s responsibility to do so, the auction house can be fairly firm on this stance so make sure you have the proper accommodations in place before you leave the lot. In reference to auctions, my favorite set of words are “due diligence”. You must take the time to research the place where you intend on purchasing well before arriving tp participate. Doing so will save you a lot of time and money in the long run. 

April 18, 2013

ADESA Pittsburgh Auto Auction

ADESA Pittsburgh Auto Auction

ADESA Pittsburgh Auto Auction

 

Information:
ADESA’s used vehicle auction network includes auction sites that are strategically located near areas with a large concentration of used vehicle dealerships. Each site is a multi-lane, drive-through facility that hosts at least one vehicle auction per week. They provide a full range of vehicle remarketing services for buyers and sellers, including live auctioning of the vehicle in person and via the Internet using streaming audio and video. They also provide reconditioning services, including, detailing, washing, body work, light mechanical work, glass repair, paintless dent repair, tire and key replacement, and upholstery repair.

Address:
758 Franklin Rd.
Mercer, PA 16137

Phone: 724-662-4500
Fax: 724-662-2840

Website:

http://www.adesa.com/pittsburgh

Sale Day:
Every Friday: Fleet/Lease and Consignment sale at 9 a.m.

Tuesdays monthly (call for current schedule): Heavy Duty Truck sale at 10 a.m.

April 16, 2013

Pittsburgh Independent Auto Auction

Pittsburgh Independent Auto Auction

Pittsburgh Independent Auto Auction

Information:
Pittsburgh Independent Auto Auction is an independently owned and operated Dealer-Only sale that features seven lanes selling every Tuesday and GM Factory Sale every other Thursday.

PIAA has been operating at its current location for more than 30 years and has a buyer base of over 6,000 registered dealers. Services include

full-time fleet/lease department, 24-hour security, insured vehicle pick-up and delivery and on-site reconditioning facilities.

Personalized service is a tradition at Pittsburgh Independent Auto Auction.

Address:
378 Hunker-Waltz Mill Road
New Stanton, PA 15672
Telephone: 724-925-4700
Toll free at 800-632-9299

Website:

http://www.pittautoauction.com/index.html

Sale Day:

Every Tuesday staring at 9:00am

April 16, 2013

Harrisburg Auto Auction

Harrisburg Auto Auction

Harrisburg Auto Auction

Information:

Their facility has six modern auction lanes, complete on-site reconditioning facilities and related services, a cafeteria with food “fit for a king,” and an on-site, fully stocked dealer accessories store. Harrisburg Auto Auction management and staff are professional and dealer friendly. They have a full-time marketing staff, professional and fair arbitration personnel, and the best automobile auctioneers in the country. Harrisburg Auto Auction is truly “the auction designed with the dealers in mind.”

They have a dealer dividend program, cash drawings after every sale, insured and bonded checks and titles, floor plan programs, a “Select Service” program with prompt pick-up and delivery of vehicles.

Address:
1100 South York Street
Mechanicsburg, PA 17055
Ph: 717-697-2222
Fax: 717-697-2234

Website:

http://www.harrisburgautoauction.com/

Sale Day:

Thursdays at 9:00am

Hours of Operation:
Monday 8:30 – 4:30

Tuesday 8:30 – 4:30

Wednesday 8:30 – 5:00

Thursday 7:30 – 6:00

Friday 8:30 – 4:00