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I am looking to buy a used car through a private sale and I don’t know anybody to come with me who knows about cars so what do I need to check out when I go and inspect any cars?
Many people ask me every day: “Where can I buy a cheap car?” or “Where did you buy your car?” or sometimes even “How much does your car cost?” The answer shocks them. I have bought my new car for only 2000$ . In this article I will tell you what is the easiest way to find a cheap used or even a new car and how to buy it. I will also share my experience with you.
Ok, so we all know that you can find a used car reading a local newspaper. As for me, it is the worst thing to do. First of all, have you ever thought where do all these guys get their cars? Of course from the government auctions! Then they resell these cars and earn many money. PS. I am one of these guys.
So, the best way to buy a cheap car is the government car auctions or seized car auctions as they are often called. You can find a cheap used car for sale there at a very low price. Sometimes up to 90% off the book value. The reason is very simple – these cars are confiscated from people, who did not pay on their taxes or bank loans. Sometimes these cars are even repossessed from the criminals. The government sells these cars for a very low price to free up storage space.
However you should pay a small price to take part in these auctions because they have to cover the expenses incurred in holding the auction.
Well, that is about all I got for now. If you want to know more about these auctions, you should visit the website below, which I use to buy cars and sell them later. I hope this article sheds some light for you on buying cheap cars, thank you for reading.
Government car auction
Article from articlesbase.com
My car was repossessed… however….?
29th May 2011
I was never given any information about what was to be done with the car (auction, private sale, etc). Now a couple of months later, I have a collection agency (AIC) calling me. I haven’t answered yet because I really don’t have the time to talk when they do call so I don’t know if it’s post auction or pre auction.
If it’s pre auction, I’m guessing they are just trying to collect the total amount -
Oh, and on a side note, never deal with HSBC or Ed Voyles in the Atlanta area. 2002 Jetta TDI that was k got financed by HSBC for k. That’s 50% interest and Ed Voyles had to lie to the bank saying I was putting k down but wrote me a k ‘miscellaneous’ check and withdrew it after I deposited it into my checking account using the k check I wrote them to be cashed after theirs cleared.
- However, if it’s post auction and they are trying to collect on the remainder of what it didn’t sell for, I’ve never received any written or oral information from the bank regarding what they were going to do with the car. If I’m not mistaken, I was supposed to be informed as to the course of action they would be taking prior to it being taken. If so, I was not.
What ‘rights’ per se do I have if this stipulation holds true?
Thanks in advance.
Ok, you first 3 posters are idiots and trolls.
Read the information. I’m not asking ‘oh lordy lordy what do i do?’
I admit I should have stated that I co-signed with my brother who ended up losing his job [when the layoffs started] just over a year ago and all attempts to keep the payments up HAVE been made, so I’m not some punk who signed a contract and said ‘nah, i don’t wanna pay it.’
I TOLD them to repossess it because they kept calling me asking about when I was going to bring the payments up to date.
My question isn’t How will they, why have they, or when will they repossess it. Those of you who read it as such are retards.
What I asked was [due to some information that I had read regarding Rights of People Going Through a Repossession] if anyone knew of a law that stated what happened when a creditor doesn’t inform you of what will be done to said repo’d property. Such as ‘Breach of Contract’ on the creditor’s end.
Not all repo’s are the fault of the person being repo’d.
I am thinking about starting the application process for a car dealer license. I want to sale used cars in Colorado that I will buy from auctions. Is a lot a necessity or can I sell the cars from my house.




