Charlotte’s most famous and celebrated auto show, the Charlotte AutoFair wants to make sure you get the most out of this spectacular bi-annual event. If you're going to be attending the upcoming spring auction, it's important to be familiar with the auctioning terms when looking to bid on collector cars or antique cars.

The experts from Charlotte AutoFair present some of the most common lingo used at a car show auction: 

• Auctioneer: Auctioneers are the ones with a microphone who run the show and declare a winner of the auction.
• Dealer: Dealers are licensed by the state to buy and sell vehicles.
• Minimum Bid: Some vehicles don't have a reserve, but they might have a minimum starting bid. The auctioneer usually states this price at the beginning of the auction.
• Open, Opener, or Opening Bid: This is the bid with which the auctioneer starts the auction. Sometimes it’s an accurate price, but mostly it’s an ideal bid.
• Straight Sale: A vehicle with no minimum opening bid and no reserve price is known as a straight sale.
• Title: Different vehicles have different types of titles so it's crucial to pay attention to this detail.

The Charlotte AutoFair has been a highly successful event for car collectors and enthusiasts for more than 30 years. The bi-annual, four-day auto show in Charlotte, NC has fair vendors sprawled along 150 acres with over 150,000 guests in attendance.

Make the most out of this event with this list of commonly used terms. For vendors looking to attend and be a part of this exciting auto show event, register with the Charlotte AutoFair and receive your vendor pass and admission ticket. For more information, call them at 704-841-1990 or visit them online.