Iron Lot Auto

Iron Lot Auto is a Michigan-based dealer and online auction marketplace for bank-repossessed and off-lease vehicles, boats, and equipment. It sources inventory directly from banks, lenders, and fleet operators, offering buyers a way to bid or purchase immediately without an added dealer markup. Listings span cars, camper vans, recreational vehicles, boats, and heavy equipment, with examples ranging from everyday vehicles to specialty and modified models.

Buyers can browse listings with photos, supplier condition reports, and verified titles, then place bids or use Buy Now where available. To participate in live auctions and access instant-purchase listings, customers create an account and verify their identity. Payments are handled through a verified checkout after a bid is confirmed. Iron Lot Auto also arranges insured, door-to-door nationwide delivery, with the first 1,000 miles described as free. The company states that purchases include a six-month or 10,000-mile limited warranty and a 14-day return option, providing additional buyer protection throughout the purchasing process.