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Deals on vehicles and jewelry through a U.S. government auction website were a steal in more ways than one: An Oklahoma man pleaded guilty to hacking a website to buy the items for $1 each ...
A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
The Automobile Alley Historic District was primarily developed as a commercial district just north of downtown Oklahoma City. During the 1920s Automobile Alley, A-Alley for short, was a popular auto row, home to more than 2/3 of the city's car dealerships for several decades in the 1900s.
It sounds like a good idea to the internet savvy: Take sheriff's sales of foreclosed properties online to benefit sellers and lenders. Is it legal?
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [ 2 ] [ 3 ] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.