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Just curious if a used car dealer can buy crashed cars from auctions and resell them exactly as they buy them "crashed" the the public? Or do the have to fix them before they sell them.
What kind of cars are at Public Car Auctions?
1st August 2011
Question by who?cares: What kind of cars are at Public Car Auctions?
My dad wants to get a new car, (the one we have is junk), and my uncle suggestion an auction, what kind of cars are there, are the new or old, are they reliable, or are they junk?
Thanks.
Best answer:
Answer by todd
haha dident i just answer this ??
o well public car auctions are repos,or just cars that the ar lot couldent sell you see a car lot can only keep a car on there lot for a certin amount of day (unless its private owned) and after that they send it to the auction or some times it can just be a car smeone traded in or even donated usally cars at public auctions are in decent shape and before the auctioin you get to go look at all the cars and you can write down what you thing about it and how much you will go up to it (make sure you bring a notepad) and also rite dwn the number of the car so you know the correct one to bid on and from there its just a game of cat and mouse you compete with other people to win the car and
TIP: dont bid straight out with your highest price make room to adjust your price if needed if you have any more question you can email me directly at todytoddtodd@yahoo.com
What do you think? Answer below!
Public car auctions, yes or no?
15th June 2011
If you are car dealer reading this I would greatly appreciate your opinion. My bf and I have been contemplating on going to a public auto auction so we can find a great deal on a car but after going to the first public sale we are beginning to think maybe this isn’t the way to go. Public sales allows all of the public and of course the dealers. Given that the dealers have the type of money that both my bf and I took years saving up, getting a deal on any car seems nearly impossible for the general public without a dealer license. Are we better off just going to a used car lot with our cash?
In case you’re wondering….
* No, I don’t know anyone who has a dealer license and would never trust a stranger who has one that can "supposedly" offer me a deal.
How do banks or auto dealerships expect a person to pay off the remaining balance of a reposessed vehicle ?
28th May 2011
if reposesses the vehicle..how does the bank or finance company expect the person to pay off the remaining balance of the vehicle? and which percentage of the time..do they sell the vehicle at auction for a fraction of what it is worth? (why they do this too? and which percentage of the time do they just put it on their car lot and sell again as used ? why not do this?)
please explain what you can
and out of curiousity , if you know,,how this differs between Britain and the USA and why?
thanks for your answers!




