A yellow light at an auto auction indicates what?

Study for the Nashville Auction School Exam. Prepare with flashcards and multiple choice questions, each with hints and explanations. Get ready for your auctioneer license!

In the context of an auto auction, a yellow light typically signifies that there are defects present in the vehicle. This alert serves as a warning for bidders to carefully inspect the car and consider any potential issues that may impact the vehicle's value or safety. It is an important indicator that cautions buyers to be diligent, as the presence of defects could lead to additional costs for repairs or maintenance after the purchase. Understanding this signal helps participants make informed decisions during the bidding process, ensuring they are aware of the condition of the vehicles they are interested in.

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