Online auctions in the automotive industry are growing more and more popular everyday.

And it's easy to see why. The auctioneer can gain access to a wider demographic and reduce costs involved with selling in traditional methods. For the buyer they can simply logon review the vehicles and bid in real time without having to travel.

In recent news Turners Auctions of New Zealand will soon hold live auctions where from the net you will be able to bid in competition with live bidders at the auction. For the net bidder they will have real time video and audio of the auction.

Sellers can also advertise there vehicles at places like ebay, Autoby Auction in the UK, Bid on Cars - UK or even bid on damaged cars in Japan at Hanamaru Damaged Car Auction.

Its not to hard to see that it wont take long and online car auctions will be where your next car may come from!