I don't think it is as easy as it sounds that online or live auction can demolish the traditional auction scope. In my opinion, online auctions are increasing the interest of car buyers into sales. I am also planning to buy a bank repossession vehicle via public auction because I think used car dealers are very expensive. Right now, I am reading this article ( https://carauctionnetwork.com/buy-cheap-bank-repos/ ) that helps a lot how I can get a cheap car via public bank repossession auction. Moreover, live auctions could only be good for bidding, but buyers must have to inspect the vehicles physically especially if we talk about the test drive.