Buying repo cars can be a smart way to upgrade your vehicle without paying top market prices, but it also requires a clear understanding of how repossessed vehicles enter the market and what you should check before bidding. Repo cars are vehicles that lenders seize from borrowers who have defaulted on loans. Rather than sitting on a lot with a traditional dealer, these cars are typically sold through auctions or specialized platforms that cater to dealers and, in many cases, to individual buyers through brokered access. For many buyers, the appeal is straightforward: potential savings, access to a broad inventory, and the possibility of finding later model vehicles with reasonable miles. The flip side is real, including limited transparency about prior repairs, title complications, and the risk of hidden damage. If you approach the market with a plan, repos can be a valuable part of your vehicle strategy.
To understand where to find repo cars, it helps to know the major channels that handle repos and salvage inventory. The two largest global players are Copart and Insurance Auto Auctions, commonly known as Copart and IAA. Both operate primarily online marketplaces that auction vehicles from banks, lenders, and insurance companies. Copart and IAA emphasize convenience, large selection, and the ability to bid remotely from any location. They also provide vehicle history data and post auction reports that help bidders assess condition and prior claims. Access is typically open to licensed dealers, body shops, and buyers who register with the platform; individual consumers often participate through a dealer or broker who can bid on their behalf.
Another well established path is through traditional wholesale networks such as Manheim and ADESA. Manheim, part of Cox Automotive, offers a large network of physical auction lots alongside digital bidding. Its scale means a steady stream of inventory, including repos and fleet vehicles. ADESA, part of KAR Auction Services, operates nationwide and offers both live and digital auctions, with a focus on wholesale buyers who may in turn resell to consumer channels. While these networks do sell directly to dealers, many consumers eventually gain access by engaging licensed dealers or brokers who participate in the same auctions. The advantage here can be more predictable auction procedures and sometimes access to more detailed car condition reports and more controlled bidding environments.
Public sector and government surplus platforms like GovPlanet occasionally feature fleet vehicles and other repos that have entered the surplus channel. Government auctions can present interesting value, especially for fleet purchasers or buyers who are comfortable navigating auction registration and pickup logistics. It is worth noting that the availability of repo cars on a given platform can vary by region and by the specific terms of the auction partner.
Beyond the big names, there are niche and regional auction houses and online marketplaces that list repos or salvage inventory. Some operate as brokers who curate inventory from multiple sources, while others present direct listings from lenders. The key is to recognize that each platform operates with its own rules about registration, fees, buyer’s premiums, lien checks, and title handling. For that reason, many buyers use a combination of sources and rely on a trusted dealer or broker to help with the process.
