Buying a car can be expensive, but what if you could get your hands on one for thousands less?
That’s where auto auctions come in.
Whether you’re a dealer looking to stock your lot or just someone searching for a deal, these massive auctions are where vehicles change hands at lightning speed.
If you’re browsing car auctions in NJ, you already know how competitive and exciting these events can be. But some auctions are bigger. Much bigger. The kind of places where thousands of vehicles sell every week, from brand-new models to salvage cars ready for a rebuild.
Today, we’re taking a deep dive into the biggest auto auctions in the U.S. and showing you exactly how they work. Ready to explore? Let’s go.
How Auto Auctions Work
Auto auctions aren’t just about showing up, bidding, and driving off in a new ride. There’s a process. And understanding it can mean the difference between getting a deal and making an expensive mistake.
Most large auctions fall into two categories: dealer-only auctions and public auctions. Dealer auctions are restricted to licensed professionals. These are where car dealerships source inventory, often at wholesale prices. Public auctions, on the other hand, are open to anyone willing to bid.
Top Largest Auto Auctions in the USA
Manheim Auto Auctions – The Industry Giant
Manheim is the largest wholesale auto auction company in the U.S. With over 100 locations nationwide, they process more than 5 million vehicles annually. Established in 1945, Manheim has built a reputation for handling high-volume transactions while maintaining a strong focus on customer service and technological innovation.
Manheim offers both in-person and online auctions, with digital tools that make bidding seamless. The Manheim Express app provides real-time inventory access, giving buyers the ability to browse and bid from anywhere.
Why Choose Manheim?
- Largest auction network in the U.S.
- Advanced digital bidding tools
- Comprehensive vehicle services, including inspections and financing
ADESA Auto Auctions – A Nationwide Powerhouse
ADESA operates more than 75 locations across North America, specializing in dealer and fleet auctions. They work with rental companies, financial institutions, and manufacturers to auction a wide range of vehicles, from compact cars to commercial trucks.
ADESA stands out with its high-tech digital auctioning capabilities. Their LiveBlock and Simulcast auctions allow buyers to bid remotely in real time. The company also provides financing and transport solutions, making the buying experience smoother.
Why Choose ADESA?
- Wide selection of fleet, dealer, and commercial vehicles
- Real-time digital bidding and AI-driven vehicle reports
- Convenient financing and transportation services
Copart – The Leader in Salvage and Insurance Auctions
Copart dominates the salvage auto auction market, with over 200 locations worldwide. They specialize in insurance-totaled, flood-damaged, and wrecked vehicles, making them a hotspot for buyers looking to rebuild or source parts.
Copart operates exclusively online, making it accessible from anywhere. They provide detailed condition reports, high-resolution images, and vehicle history data to help buyers make informed decisions.
Why Choose Copart?
- Largest selection of salvage and insurance vehicles
- Fully online auction process
- Great for parts resellers and rebuilders
IAA (Insurance Auto Auctions) – A Key Player in Repossessed and Salvage Vehicles
IAA operates in over 170 locations and specializes in repossessed and insurance vehicles. They work with lenders, insurance companies, and rental agencies to auction off vehicles that have been written off due to accidents or other damage.
IAA has embraced a digital-first approach, offering real-time bidding, vehicle reports, and pricing data through their online platform, IAA Buyer.
Why Choose IAA?
- Large inventory of salvage and repo vehicles
- Advanced digital bidding tools
- Transparent pricing and vehicle history reports
Mecum Auctions – The Go-To for Classic and Collector Cars
If you’re a classic car enthusiast, Mecum Auctions is your paradise. They specialize in rare, collectible, and muscle cars, with auctions that often feel like car shows.
Mecum events are known for their exciting, high-energy atmosphere, where bidders compete for iconic vehicles like Shelby Mustangs, vintage Corvettes, and classic Camaros.
Why Choose Mecum?
- Largest auction house for classic and collectible cars
- Exciting live bidding experience
- Exclusive, high-value inventory
Barrett-Jackson – The Ultimate Luxury and Collector Car Event
Barrett-Jackson auctions are a must-attend event for luxury and classic car collectors. Known for their TV coverage and celebrity attendance, these auctions feature high-end sports cars, custom builds, and one-of-a-kind collectibles.
Their auctions attract serious collectors and enthusiasts looking to own some of the rarest cars in the world.
Why Choose Barrett-Jackson?
- Prestigious reputation in luxury and collectible cars
- Highly publicized, well-attended auctions
- Unique inventory with rare, high-end vehicles
America’s Auto Auction – A Growing Force in Dealer-Only Sales
America’s Auto Auction is an emerging force in dealer-only wholesale auctions, with multiple locations across the U.S. Their focus is on fleet, rental, and lease vehicles, providing steady inventory to dealers.
They offer in-person and online bidding, making it accessible for dealers nationwide.
Why Choose America’s Auto Auction?
- Expanding network with reliable dealer inventory
- Competitive wholesale pricing
- Both in-person and online bidding options
Metro Auto Auction – Regional Excellence in Fleet and Dealer Sales
Metro Auto Auction focuses on fleet and rental vehicle sales, particularly in the Arizona and Texas markets. They provide a mix of commercial, dealer, and government vehicles at wholesale prices.
They have built a strong reputation for offering well-maintained fleet vehicles, often with lower mileage.
Why Choose Metro Auto Auction?
- Strong focus on fleet and rental vehicle sales
- Regional expertise in the Southwest market
- Competitive pricing and dealer-focused services
DAA Northwest & Other Regional Auctions – Local Markets with a Big Impact
DAA Northwest and similar regional auctions cater to specific markets, often offering better deals for local buyers. They may not have the scale of Manheim or ADESA, but they provide high-quality vehicles at competitive prices.
Their smaller size also means less competition, which can lead to better deals for buyers.
Why Choose DAA Northwest & Regional Auctions?
- More competitive pricing due to lower bidder volume
- Focus on regional markets and customer service
- Strong relationships with local dealerships
Who Attends These Auctions?
Auto auctions attract a wide range of buyers:
- Dealers looking to stock up on inventory at lower prices and turn a profit.
- Private buyers searching for a good deal on used vehicles, often at prices well below retail.
- Rental companies and government agencies that need to clear out their old fleets to make room for new vehicles.
- Insurance firms selling off damaged or written-off cars that can be resold or parted out.
But attending an auction isn’t just about buying a car. Many participants come to study market trends, network, and observe. Knowing how competitors bid and understanding the flow of the auction can be just as valuable as winning a bid.
Tips for Buying at Large Auto Auctions
Do Your Research
Check vehicle histories, condition reports, and pricing before bidding. Look up past sales to see what similar models have sold for. This will give you an idea of the price range you should expect.
Set a Budget (And Stick to It)
It’s easy to get caught up in the excitement. Set a max price and don’t go over. Auction fever is real, and emotional bidding can lead to overspending.
Understand Auction Fees
There’s more than just the bid price. Factor in buyer’s premiums, taxes, and transport costs. These fees can add up quickly, so always read the fine print before committing.
Inspect Vehicles When Possible
Some auctions allow pre-bid inspections. Take advantage of it. Even if you can’t start the engine, a visual check can reveal a lot about the car’s condition.
Be Prepared to Act Fast
Bidding moves quickly. Hesitate, and you could lose out. Have your research ready, know your limits, and be decisive when the time comes.
Final Thoughts
Auto auctions are where deals are made and cars move fast. Whether you’re a dealer or a buyer, understanding how these auctions work can save you thousands.
Looking to get started? Find an auction near you, do your homework, and happy bidding!