Iron Lot Auto Inc is an online auction platform for bank-repossessed and off-lease vehicles, boats, and equipment. We source inventory directly from banks, lenders, and fleet operators — never resellers — and connect buyers to it without dealer markup. Every lot comes with verified ownership and a documented condition report, so buyers know exactly what they're bidding on. Place a live bid or use Buy Now, pay by bank wire within 24 hours, and we arrange fully insured nationwide delivery with the first 1,000 miles included. From classic cars and trucks to RVs, boats, and heavy equipment, new lots are released every week.