Sunday, January 8, 2012

Why are cars at an auto auction? Are they good cars?

I am considering purchasing a car that was bought at an auto auction by a reputable car dealer. It has a good price, a clear title, and a perfect Carfax report.





It seems like a great car, but I wonder why it was at the auction? It is a Toyota, and they are usually great cars to buy and sell.... so I'm rather suspicious.





Can someone tell me why cars end up there, and if cars there can be okay cars?|||I wouldn't be worried if the carfax is clean and the car checks out ok. We take trades of all makes, but only sell bmw's on our lot, everything else goes to wholesalers or auctions. Doesn't make them bad, we just don't sell them.|||Dealers buy 99% of their cars from Auctions.





But there are auctions for dealers and auctions for public, to get an understanding about this go to this link on my website http://www.usedcartips.org/AUCTIONS.html|||it is normal for cars to end up at auction for legitimate reasons (such as: dealer takes it as a trade in, but doesn't sell that kind of car), don't worry about it. if you like the price and the car has been well maintained, there's no reason not to purchase it.|||It has been wrecked - dealer repaired will not show up on a carfax - I have fixed many out of pocket and they still show clean title.





Need major repairs - like struts, engine seals - cv shafts


etc, and dealer wont go that far.





to old for a dealers lot - most try to stay within 5 years or newer





Not there favorite brand - from a trade in





As far as dealer only - they are usually pretty well junk also - they sit in fields like cows waiting for a new owner - sometimes for months just sitting and rusting -





Public auctions where dealers are not getting any special treatment are the places to find a real deal -


+I get cars from the Flint Michigan auction all the time - NO DEALERS allowd - And I have only bought from the actual auction 3 times, all other deals were struck between me and the seller.





Here are some deals I have got :


2005 Dodge Neon SRT - 1500.00 - 95000 miles


1985 Vette - 3000.00 - nedded exhaust - 500.00


1997 Chevy 1 ton dually 4X4 - 2200.00 paint - 1000.00





All of these ended up turning huge profits for me.


All were bought on the same day cash in hand.





So it depends on how well you look - how careful you are and how much you really know about cars mechanically.|||A lot of dealerships take in trade-ins of cars they have no intention of selling themselves, mostly because of age, condition or mileage. They, for the most part, dispose of these cars at auctions.


Then there are the repos by banks for non-payment, defaults, etc. Or confiscated by law enforcement.


These cars will mostly be in unknown condition, which could be from excellent to very bad.


If you do intend to buy one, I recommend you have a mechanic accompany you to get his(her) opinion.|||It is better to check, there has been news of stolen cars in the UK. The thieves have been caught but many cars were not recovered because they were exported. We are not sure if this applies to your case.





Find this: UK Car Scam Gang Busted!|||Vehicles sold at auction come from a variety of places, they may have been rental cars, they may have been fleet cars from any bussiness that buys cars in bulk for use as company cars, they could have been taken as trade ins but for some reason or another deemed hard sells, like high mileage cars, in those cases the dealer that took them in on trade sells them to an auction yard, they could have been delivery vehicles,etc,etc, hope this helps.


George|||for the same reasons there are mental intitutions, nursing homes and prisons for humans... high mileage,worn out,cosmetic imperfections etc..

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