Manheim policy may vary across the world, but here in the UK they're open to private buyers on most lots.
My nearest auction house is Saltash, Plymouth and twice/weekly sales and upwards of 200 vehicles go through the books. It's quite something to see a car brought to the line, bid on and sold in 2 minutes.
Private buyers pay a larger commission per sale compared to bulk buyers, but hammer price is the same.
There's a twice-yearly plate change in the UK also, so in the coming weeks (from Sep 1) there will be a glut of used cars traded as part exchange for new vehicles.
Opening up the auction to private individuals doesn't bring more buyers, as the brokers are just middlemen -- all the cars they buy get passed on to end customers in a matter of weeks. It may bring more money, if people are willing to pay more to disintermediate the brokers.
However, this adds a lot of headache and risk for the auction operator - tons of uneducated customers who won't be able to pay, try to back out of bids, get pissed when the car has defects (auctions are typically as-is affairs), crowd the lot, etc.
However - if you see a car you want coming up, try asking a local broker to buy it for you for a flat fee, a few hundred bucks over the closing price. It's a guaranteed sale for them with no hassle ...
This is what I do. Friend of a friend is a dealer. He's at the auctions every other day. I just put in an order with him and he'll call me when he finds something good. I trust him. Having had a bad deal yet. Charges $400.
My nearest auction house is Saltash, Plymouth and twice/weekly sales and upwards of 200 vehicles go through the books. It's quite something to see a car brought to the line, bid on and sold in 2 minutes.
Private buyers pay a larger commission per sale compared to bulk buyers, but hammer price is the same.
There's a twice-yearly plate change in the UK also, so in the coming weeks (from Sep 1) there will be a glut of used cars traded as part exchange for new vehicles.