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2. Auto auction - Wikipedia

   en.wikipedia.org/wiki/Auto_auction

   Most car dealerships do not pay cash for the vehicles they buy at auto auctions. [23] They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. [24] This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory. [25]

3. List of most expensive cars sold at auction - Wikipedia

   en.wikipedia.org/wiki/List_of_most_expensive...

   It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [ 1 ] On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction ...

4. Manheim Auctions - Wikipedia

   en.wikipedia.org/wiki/Manheim_Auctions

   Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling ...

5. 25 Tips for Buying a Car at Auction - AOL

   www.aol.com/25-tips-buying-car-auction-120000942...

   Buying a car at auction requires a whole new set of rules and things to watch out for, whether it's a government or law-enforcement auction or one with vintage and high-end cars meant for collectors.

6. 6 Cars That Sold for Big Money at Auctions — and What Makes ...

   www.aol.com/6-cars-sold-big-money-190742554.html

   1956 Aston Martin DBR1. Sold for: $22.55 million (Sotheby’s, Monterey, Calif., 2017). Sotheby’s deemed this car, “the most important model in Aston Martin history.” It is also the first of ...

7. 5 Unexpected Places To Buy Used Cars for Cheap - AOL

   www.aol.com/5-unexpected-places-buy-used...

   The average cost of a used car is $26,510, according to Kelley Blue Book. While this is significantly less than what you can expect to pay for a new vehicle, it's still not exactly cheap. And with ...