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Vehicle: 2003 VW Passat
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Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
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im going to take 4k 1)any decent cars i can get? 2)im interested in an impala as well. what year would i be able to get?

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3 Comments »

  1. Beware. If you spend your money at an auction, it is yours. No background history. It may be at the auction for a reason. You really need to know what your doing.You will have buyers fees. Most likely 100.00 to 215.00 buyers fee. Auctions are not for the average person. Maybe try in newspaper and meet the owners. Anyway, to answer your question. It depends on year and mileage. Anywhere from 02 to 05 /could have 100 thousand to 200 thousand .Miles and condition are everything. You will probably buy on RED light. That means AS IS.

    Comment by gena o — March 5, 2010 @ 6:37 am

  2. They vary greatly from week to week,

    As is MEANS as is.

    Ride & Drive means no MAJOR problems. a dozen $400 problems don’t count.

    Don’t forget buyers fees when buying.

    Comment by N — March 5, 2010 @ 6:37 am

  3. Don’t spend all of your money you will likely have reconditioning expenses if you have 4k I would probably only spend 3k. Try not to buy a car that a used car dealer is selling, most of the time they have a good reason for it. Try to buy it under a green light that means if you have any major problems you can arbitrate it. Arbitrating means you can cancel the sale because of major issues it does not mean minor issues sensors belts pwr windows radios ect. Try to get there earl so you can look the car over good and get some ideas of what you want and their values. But whatever you do save some of your money it is rare that you buy an auction car in your price range with out having to fix a few things. try to buy at wholesale book you need to for any expenses you might incur. Lastly do not get caught up in a bidding war it will only cost you money.

    Comment by Adam — March 5, 2010 @ 6:37 am

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