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This is what is happening at the auto auctions this spring 2023:

1. Prices of used vehicles are still high.
2. Dealers buy used vehicles because they are affordable to mid-class customers, used vehicles hold value.
3. Very cheap cars are hard to find. Good car deals are hard to find. Luxury and theft vehicles are easy to find but they are not easy to sell and dealers who bid on these cars have already customers willing to pay close to MSRP for a car which is not available at the new car dealer lot.