Whois & Analysis for autoauctionmall.com

Auto auctions are a method of selling new, and most often, used vehicles based on auction system.

Auto auctions can be found in most nations, but are often unused by most people, since in most nations such as the United States, auto auctions are exclusive to used car dealers.

In a few countries, such as Japan, auto auctions are well known and used, sometimes indirectly, by most residents.

A vehicle (from) is a mobile machine that transports people or cargo.

Typical vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses), railed vehicles (trains, trams), watercraft (ships, boats), aircraft and spacecraft.

A car is a wheeled, self-powered motor vehicle used for transportation and a product of the automotive industry.

Most definitions of the term specify that cars are designed to run primarily on roads, to have seating for one to eight people, to typically have four wheels with tyres, and to be constructed principally for the transport of people rather than goods.

The year 1886 is regarded as the birth year of the modern car.

In that year, German inventor Karl Benz built the Benz Patent-Motorwagen.

Cars did not become widely available until the early 20th century.

One of the first cars that was accessible to the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company.

Cars were rapidly adopted in the United States of America, where they replaced animal-drawn carriages and carts, but took much longer to be accepted in Western Europe and other parts of the world.

A truck (United States, Canada, Australia, New Zealand, Puerto Rico and Pakistan; also called a lorry in the United Kingdom, Ireland, South Africa, Malaysia, Singapore, and India) is a motor vehicle designed to transport cargo.

Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles.

Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators.

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then buying the item to the highest bidder.

The open ascending price auction is arguably the most common form of auction in use today.

Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid.

An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.

In a Dutch auction, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met.

While auctions are most associated in the public imagination with the sale of antiques, paintings, rare collectibles and expensive wines, auctions are also used for commodities, livestock, radio spectrum and used cars.

In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.