Light Codes Guide
- Green Light (Ride & Drive): Covers mechanical defects exceeding $600 repair cost; buyer has 24 to 48 hours to arbitrate.
- Yellow Light: Specified announcements only (e.g., check engine light, prior structural repair, branded title).
- Red Light (As-Is): Complete buyer assumption of all risk; zero post-sale arbitration rights.
Never bid on an auction vehicle without paying strict attention to lane light status. Misunderstanding an announcement can leave your floorplan stuck with a blown transmission and zero recourse.
"Wholesale dealer auction access allows independent operators to purchase inventory 15% to 30% below retail book value, bypassing dealership markups entirely."
