How cheap do used cars sell at public car auctions?
Posted by: Cherry
August 31st, 2009 >> Cherry talk to you
I want a newer car for 2000-2007 truck or sedan or maybe even suv. Is this the cheapest way to get a car, what are the disadvantages and advantages of this and how cheap can you get a car! Also what kind of cars do you see there nice ones or junk?
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7 Responses to “How cheap do used cars sell at public car auctions?”
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August 31st, 2009 at 8:26 am
There are several types of public auctions. Some are government auctions, and some are auctions that take consignments from the public, businesses, government agencies, charities that get the vehicles as donations, and dealers.
What you will usually find is that most cars in the auctions are there for a reason. Either the dealer does not want to put the car on their retail lot and warranty it, or someone donated it to charity because it had problems.
You will also find that there are dealers who are at these auctions Depending on the auction, they may have a minimum price set on the car, or the person who consigned the vehicle may be allowed to bid on the vehicle to "protect" it from being sold at a price that is too low. If a good vehicle comes through from a private seller, they will bid on it if it is priced low. The dealers know the value and will not pass up a great deal.
Most all auctions are selling cars as-is, where is, how is. This means that they do not guarantee anything, they many times so not even announce a salvage or branded title. The old saying "what you see is what you get" applies.
Be very careful buying a car at a public auction. You can end up spending more in repairs than the car is worth.
August 31st, 2009 at 8:26 am
I don’t know about prices, but I do know that sometimes you can get a car that has been in an accident before, and they have tried to fix it. It might look like the car is intact but it may have suspension damage or other type of damage that you can’t see or can’t tell until you drive off on the freeway. This is what happened to me. I bought a used car at a used dealership, 08 Corolla. I did get a good deal on it but the car had damage from a prior accident that they didn’t tell me about. The dealership bought it at an auction and then sold it to me. Luckily they completely fixed it for me because I let them know the problem right away and the people I dealt with were very good at making me happy. They understood how serious my problem was since it pertained to the suspension. I guess they didn’t want to be sued, since I paid cash for the car, I know, my BIG mistake. But it worked out for me.
August 31st, 2009 at 8:26 am
http://urlhawk.com/csf
- here’s a good website to look for real cheap quality car from government auctions!
I bought my car for just $1250 with a milage of 5,270!
And it’s been already a year I’m riding my car and it’s still doing well!
August 31st, 2009 at 8:26 am
You can get a pretty nice car from a car auction, depending on which one you go to. I saw a 2006 Maxima sell for $6,000 at the last one I went to. The only thing about it is that the cars don’t come with a warranty. But, you’ll be alright as long as you give it a good inspection. Or better yet… take a mechanic with you.
August 31st, 2009 at 8:26 am
If you know someone that is authorized to get a car/truck for you at the auction you will save 100’s of dollars (litterly) good luck Go Red sox… I used to live in Maine, but now live in Pennsylvania.. still a big Red Sox Fan
Grant M
August 31st, 2009 at 3:06 pm
Very Interesting and useful post….
February 5th, 2010 at 10:38 am
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