Car auctions in GTA?

[whoam]

Does anyone know of any car auctions in or around the Toronto area?

Also will it be any cheaper to buy a car at auction, rather than from a used car dealer?

[3weddings]

In order to attend an auction you have to be with a dealer or broker. The general public can't just walk in and bid on vehicles.

That being said
Manheims is in Milton and it serves the GTA
http://www.manheim.com/guests/auctions/reg.mpl?aid=TAA

[bizzmanager]

At the very minimum you need to be an OMVIC registered salesman with authorization to attend an buy with the auction. And you need a dealership location.
There are other public auctions up north you can attend, But keep in mind when buying from an auction its "as is".
Fees that add to price.
Buyers fee: 250-350
Transfer fee: 10
Post sale insp: 100
Transport: 50-90
Safety: 500-1500

[IoannI]

L V G Auctions & Appraisers
Address : 13726 Airport Road, Caledon East, ON L7C 2W4
Telephone : 905-584-7766
Website : lvgauctions.com
Category : Appraisers, Auctioneers
Directory : Toronto Central - East, Toronto Central - West

And you can get into here. I went last Thrusday to see if I could get a cheap van or truck of some sort cause I kinda need one for work, well I have a company vehcile (Chevy Uplander) but I don't really like leaving unattended all night long. Mostly because its a new vehicle and I have all my tools in it and I would prefer to have something happen to a vehicle that I own instead of a vehicle that some one else owns.
Anyways they had and always have a huge selection of vehicles. You just gotta go there first thing in the morning because I didn't and I missed the auction for the vehicles and had to wait a few hours for them to do the vehicles again.

[MkmBandit]

In order to attend an auction you have to be with a dealer or broker. The general public can't just walk in and bid on vehicles.

That being said
Manheims is in Milton and it serves the GTA
http://www.manheim.com/guests/auctions/reg.mpl?aid=TAA

The amount of knowledge you possess is quite impressive 3weddings. I'm waiting for the day when someone asks a question you don't know the answer to :cheesygri


OP, theres also Impact Auto, in Stouffville, just north of Markham. As 3weddings points out, you must be the guest of a dealer to gain entry

http://www.impactauto.ca/index.jsp?content=/auction_sites/viewAuctionSiteDetails.jsp&siteCode=STOC

[CatDog]

The amount of knowledge you possess is quite impressive 3weddings. I'm waiting for the day when someone asks a question you don't know the answer to

Now just ask her where to buy FTA/Viewsat products from ;)

[NLI10D]

repo depo. more of a "silent auction". its where my sister got her suv and she got a pretty good deal on it. only downside is you can't really test drive the car, u can start it but that's about it. i dont know if at an actual auction you get to test drive.

[nightcrawler007]

Does anyone know of any car auctions in or around the Toronto area?

Also will it be any cheaper to buy a car at auction, rather than from a used car dealer?

Dont listen to the people above. There are a number of car auctions you can attend in the GTA that are open to the public.

www.ntva.ca

They have a monthly auctions with over 400 cars. They are located in Innisville and have a tonne of former government vehicles. They are very thorough and do carfax on all cars sold and are completely up front with any damage or questionability with the vehicle being sold.

www.mrjutzi.com

They are located in Breslau (Waterloo Airport). Smaller auction... they have some consignment vehicles as well as vehicles from some municipalities. You can get an old cop car with 80 km (2003 Impala or something)... for under $3K if your lucky.

www.abrams.ca

This is a car auction where they sell cars that are seized by the Metro Police and also cars that have been towed and neglected to pay their lot fees. The cars were repossessed by the tow yard and sold to the public. Been to this one before and its shaddy to say the least. Stupid tricks like charging you $100 for the key and a $65 vehicle transfer fee, and the vehicle is listed us unfit on its license so you cant drive them out... you have to get a tow. So you end up winning a car for $200 and walk out spending $650. The cars are usually wrecks... unless your a mechanic or on a very low budget i dont suggest going.

I am a seasoned auction veteran... here are some tips to watch out for.

1) Buyers Premiums: Some auctions charge you a buyers premium... usually 10%. So if you buy a car for $1000 you will then pay $1100... plus tax. So your $1000 bid is actually $1243. 24.3% more than you thought you were paying.

2) Auctions charge GST: If you looking to buy a used car, when you buy a car from an individual as opposed to an auction or a dealer you dont have to pay GST. This can be a savings of 5%.

3) Other auction fees: Most car auctions will charge you a fee to transfer the ownership over. Usually $40-$80. Its another kick in the b*&^s that you wouldnt have to deal with should you buy the car second hand off an individual.

4) Fit or unfit ownerships: If your car is listed as being unfit, you cant get a temporary plate to drive the vehicle around. So you have to tow the car to your mechanic in order for him to certify it. Once the car is certified you can get a temporary plate, and drive it to an emmissions center to get your drive clean permit. Then you can get a hard plate and the car is yours to drive. In most cases a tow will cost over $100. The cheap option is to rent a car dolly from U Haul for $35.

5) Be careful: Cars are usually in an auction for a reason... because there are a few things wrong with it, and the owner doesnt want to bother fixing it so the car has been put up for auction. Some auctions sell "lot Lizards"... used cars taken in off a trade in that cant sell at the lot, or a car that is not worthy of being on the lot (over 120K, rust, too expensive to cert, etc etc). So do your research first. Find out what car you want, know what goes wrong with them. Find out what the car will take to certify and know the market on the vehicle.

6) Dont fall in love: I have seen many suckers walk into an auction with 50 junkers and 3 decent cars. The cars that are decent look great among the wrecks, and people end up spending waaaaay more money than the vehicle is worth especially considering all the risks outlined above. Set a price in your head of what you want to pay for something and stick with it. If it goes over that price, walk away.

7) Bidding: Get in late. If you want to spend $2000 on a car, dont open the bidding at $2000 and expect to get it. Wait till the bidding slowes down and the auctioneer looks like he is going to sell the car and then get in. There is a lot of psychology at auctions, and if you bid right you can buy the car cheaper.

If your educated and know whats in store for you and you ask the right questions you can walk away with some pretty great deals. If your stupid and walk into something blind, you can and will get ripped off and you will end up spending more money than what a car is worth on resale, or what you could have bought a car for on the open market with less headaches.

Hope this was of help.

cheers, Nightcrawler