Bid Like at Dealer at the Biggest Auto Auction in Tennessee!
Powell Auction & Realty holds the most awaited public auto auction in Tennessee. You don’t need to be a dealer in order to stop by! We welcome anyone who wants to find a good deal on cars, SUVs, trucks, or any other kind of vehicle.
Whether you are an individual looking to get behind your first wheel, a franchise owner who wants to expand your lot, or an independent dealer looking to close more sales, our public auto auction is the place to be.
The Auto Auction You Wouldn’t Want to Miss
Sell like a dealer! As a consigner, we let you sell your car for only $25.00. As a buyer, you can purchase vehicles at wholesale prices.
Attending our public auction for used autos in Tennessee gives you access to up to 200 low-mileage, one-owner cars. Our selection easily makes us the largest public auto auction in Tennessee.
Powell Auction & Realty holds the only first public auto auction in Knoxville and the first in Tennessee: in fact, our license says number one. For the past five decades, we have been owned and operated by the Phillips family. That is three generations of auctioneers with a solid reputation for honesty, integrity, and excellence in the Knoxville community.
Talk to our professional and hardworking team about a particular lot you’re interested in. Email us at email@example.com or call 865-938-3403.
Auto Auction Details
We hold auto auctions every first and third Saturday of each month, at 9:00 a.m., at this address:
Powell Auction & Realty
Location 6723 pleasant ridge rd.
Knoxville TN 37921
Phone: 865-938-7653 (865-938-SOLD)
Drop by one of the biggest public used car auctions in Knoxville, TN! Visit our website for more information!
Powell Auction & Realty: Your Auto Auction Partner in Knoxville TN
Powell Auction & Realty has been in the auto auction industry since 1972. We hold license #1 for Tennessee Public Auto Auctions. We believe that our experience is testament to our ability to provide good deals and treat our customers right.
Here, we let you bid like a dealer. Get access to hundreds of vehicles of all models and make and find the perfect vehicle for your budget. First-time bidders and old-timers alike are always set to have a good time here at Powell Auction & Realty.
The truth about car auctions is, they don't always dole out dream-come-true deals. Some auctioneers find themselves stuck with a car that eats up wads of cash in repairs year after year, some end up dealing with murky deposit terms.
Choosing to attend an auction conducted by a trusted company makes all the difference between bringing home a good deal or not. Your choice of auto auction company makes the difference between flushing hard-earned cash down the drain and well-spent dollars.
While other auction companies only want to earn your business, Powell is about earning your trust, friendship, and respect. We see you not only as a customer, but as a partner. And as our partner, your interests become ours.
What are Auto Auctions?
Auto auctions are the go-to place for buyers who are looking for used cars at a lower price. As a buyer, you can purchase a car through a bidding process. This means you can get your car in a lower price than you could at a dealership.
What's more, some companies allow you to buy a vehicle from the comfort of your home through online auto auctions. Powell Auction & Realty, for example, posts on their website the list of available vehicles, in the days running up to the auction.
When you attend an auction, you're likely to find vehicles that have been leased, traded in, or repossessed. Of these, the best ones are going to be those that have been repossessed.
A lender repossesses a vehicle when a borrower has become unable to continue paying for it. As the lender has no use for the repossessed vehicle, they want to sell it the soonest time possible so they can recoup their investment. This means you're unlikely to get a repossessed vehicle that's in such a bad shape, insurance companies would no longer touch them.
Public auto auctions are the place to go if you want fantastic deals that will not burn a hole in your pocket. If you're a dealer, on the other hand, auto auctions are a hassle-free way to find a market for your cars.
Know Your Auction Types
The type of auction you'll take part in greatly affects the experience and the types of vehicles you're likely to find. You can either go to a government or a public auction.
A government auction is pretty straightforward: you're likely to find government vehicles that have been replaced, such as old police cruisers. You will be given access to the history of your car of choice, along with plenty of other useful information.
While you have significantly fewer options in a government auction, you are highly likely to get high-quality and well-maintained vehicles.
Public auctions are more like a mixed bag. Dealers usually turn to public auctions to empty their inventory and make room for new vehicles on their lots. This type of auction will feature any number of different vehicle models and makes. From a $150 Volkswagen to a $150,000 Ferrari, the options and possibilities in a public auction are endless.
Truth be told, some public auctions can be a bit unsavory. But there are also reputable auto auction companies that welcome prospective buyers to inspect vehicles ahead of time.
Most of the time, 98% of the sales at public auctions go off without any hitch. But in the event that you wind up purchasing a vehicle that has been greatly misrepresented on the auction block, you have the right to cancel your check and fax the auction company a follow-up notice the next morning.
Why Public Auto Auctions are the Place to Be
If you’re a first-time car shopper, you’re probably wondering whether it’s best to get your car from a dealership or an auction. If you’re a fun-loving auto enthusiast who likes doing things differently, an auction is for you. Quite possibly, you’ll find the excitement, the crowd, and the chance of getting behind your dream wheel appealing.
But apart from the experience, here are more benefits to going the auction route:
Quality. First, if you go to an auction by a reputable company, you are likely to find vehicles that are of high quality. A lot of these vehicles are recent trade-ins, some are almost new, and if you’re lucky, you may even chance on new ones. As was mentioned earlier, dealers also turn to auctions to refill their inventory.
Price. Despite having to compete with other bidders, you may still end up saving thousands of dollars. It’s possible to find vehicles being sold at wholesale prices. And if only a few buyers bid on the vehicle you like; you walk out with a steal.
Choices. You’re likely to find hundreds of options, including high-end cars that may have never been to a dealer’s showroom. Some of the most coveted cars have been sold at auctions, rather than dealers or a private party.
Apart from finding a market for cars that you need to sell, to give room for new models, there are more benefits to turning to auctions for car dealers.
Time. In both good markets and low markets, an auction lets you sell your vehicles quickly and efficiently.
Effort. Marketing vehicles take a considerable amount of time and money. Partnering with an auction company saves you from wasting valuable resources, as the company takes care of all getting word about the auction to individuals who are actually interested in buying a vehicle.
Market. Marketing to those who may not have the ability to purchase or those who are unable to make the decision to buy is also a genuine waste of money. By taking your vehicles to an auction you’re sure that you’re marketing your products to a market that has the intention and ability to make a purchase.
Why Choose Powell Auction & Realty
In the past, auto auctions were available only to those who hold a dealer’s license. Powell Auction & Realty has brought the public auto auction to Tennessee and today, you no longer have to miss out on great car deals – all you need to do is drop by our auction lot to start bidding like a dealer!
Our many years of experience have allowed us to form the best practices for conducting fun, simple, and hassle-free car auctions. And as our auction lot showcases hundreds of quality, low-mileage, and one-owner cars, it’s easy for you to get behind the wheel of your dreams.
What’s more, our VIP customer service can’t be beat. That is because as your partner, we’re not here to simply make a sale. Instead, we’re here to form a lasting relationship with you and help improve your shopping experience.
As a dealer, being our partner helps you reach out to qualified buyers, but minus all the effort and costs associated with marketing. For a small fee, you can take advantage of a carefully planned marketing campaign that’s communicated to consumers who are looking for exactly what you offer.
Be part of the biggest public auto auction in the state!
When it comes to public car auctions, there is no other company like Powell Auction & Realty to provide you with an exceptional experience. We offer buyers an impressive selection of vehicles and a transparent process. On the other hand, dealers can benefit from our low registration fee and our innovative marketing techniques. With our simple and no-hassle process, we make car auctions a fun and easy process.
Knoxville's Top-Rated Public Automotive Auction
Powell Auction & Realty, LLC is located on 6729 Pleasant Ridge Road Knoxville. From McGhee Tyson Airport (TYS) head southwest on McGhee Pl and keep right to stay on McGhee Pl. Then continue onto McGhee Pl and continue straight onto McGhee Pl/Terminal Loop Dr. Next, continue straight onto Terminal Loop Dr and slight right onto Alcoa Hwy. After that keep left at the fork, follow signs for US-129/N Knoxville Oak Ridge and merge onto US-129 N. At this point merge onto US-129 N and continue onto US-129 N. Keep right at the fork, follow signs for Asheville/Lexington and merge onto I-40 E and head straight for 0.8 miles. Then use the right 2 lanes to take exit 387A for I-275 N toward Lexington and continue onto I-275 N. Next, continue onto I-75 N and take exit 112 for TN-131/Emory Rd toward Powell. Finally, use the right 2 lanes to turn right onto TN-131 N/E Emory Rd and use the left 2 lanes to turn left onto TN-33 N. Pass by McDonald's (on the right in 11.8 mi) and Powell Auction & Realty, LLC will be on your right. We are open Monday to Friday 8:30am - 5pm. For additional questions you can call us at 865-938-3403 or you can find us on Yelp.