Car AuctionsYou in all probability know a thing or two about authorities repossessed automobile auctions and are interested to purchase a car there at an enormous low cost. So what do most school drops out do? Promote cars proper? I figured I might go into the automobile business and sell vehicles since my Rocket Science Diploma was a bunch of B.S. Speaking of B.S., I guess you need to have a level of it to be within the car business. Fee. Auctioneers cost the vendor a commission, which is typically a share of the gross sales. For instance, an auctioneer charging the seller 15% on the gross proceeds of $25,000 would earn $3,750.

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