dealer-only car auctions, good stuff?

[steaknshake925]

so i have a friend whose dad's best friend is a car dealer guy, and he tells me about these car auctions every week that are only for folks with dealer licenses. apparently u can get some really nice deals there, cars wayyy below market value. does anyone know anything about these things? my friend said his dad's best friend (the dealer) is pretty close with him so he could probably get me in, and i think this sounds like a pretty good opportunity for profit. does anyone have any opinions about these types of auctions, is it really a good opportunity and is there anything i should know before jumping in? as u can tell i know absolutly nothing about buying cars.

thanks all,
steak