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Question by Tony: government/bank auction car?
Anyone buy an auction car before, please tell me your experience with it, can you really find and decent vehicles at the auction? I know that they sold the car as is and there’s no warranty or return. Is it worth the risk.

Where can I find local listing for bank/ government repossess car auction. There are a few site on the internet claiming to have listings for this, but they don’t look very credible.

Best answer:

Answer by FleetTech
Ask your local banks how they sell their repossessed vehicles. Some auction them off, others just take sealed bids.
Here In Ohio a company called Skipco has auctions of repos and seized vehicles .
Yes you are taking a chance as you do not get to test drive them, just inspect them an hour or so before auction.
But if you get it cheap enough you can afford to make some repairs.
www.skipco.com

Know better? Leave your own answer in the comments!

Question by yellowbone242004: Are there any free government auctions?
I want to buy a car but all the government auctions on the web charge a fee to help u find the car u want.

Best answer:

Answer by dave007
My experience in vehicle purchasing dictates that if you’re not willing to do a little leg work to investigate vehicle purchases then someone else will have to and that individual wants to get paid. Government auctions on the most part sell vehicles in AS IS condition. No warranty implied or expressed. You will have to bring the vehicle to a mechanic after-wards to ensure that all the safety aspects of the vehicle are with government tolerances, including emissions in some States. Unless you’re familiar with the ins and outs of purchasing a vehicle in this manner, I would suggest you visit your local dealership and go with a knowledgeable individual to work out the best deal possible.

Hope this helps.

Cheers

Add your own answer in the comments!

OK, I asked another question yesterday about "unknowingly being sold a car with a salvage title" — http://answers.yahoo.com/question/index?qid=20061128073937AAwWAu9 — which the dealership is supposedly still uncertain of.

Well, the saga continues. Now they claim they should get the title today, they’re just waiting for the auction people to send it. I’ve been told that the auction part is normal, though them not knowing any details about their purchase seems odd, to say the least.

They’re claiming they’re in the same position I’m in! Isn’t it their responsibility to know? Plus when I asked they insisted it hadn’t been in a wreck, and they went further to give me a warranty.

Assuming the car has only been in a wreck (that resulted in a settlement for k in 12/2005) how does that effect the so-called "bumper-to-bumper" warranty they gave me? Is this alone fraud, even if it doesn’t have a salvage title?

Shouldn’t they reduce the price? Am I stuck?

(I’m in TX.)
I purchased the car 11/22 but didn’t get the insurance stuff until after the Thanksgiving holiday. That’s when my insurance agent discovered the wreck, on 11/27.

I have called the TX Attorney General and the DMV and they’re telling me to submit a complaint. I’m going to call the legal people provided through my job later today, but I was hoping to settle this peacefully.

Initially they seemed to won’t to resolve this, yesterday they implied they were already looking for a new Ion, and insisted they wouldn’t leave me in a wrecked vehicle.

Now it just seems like they’re trying to get out of it and shirk responsibility. But I don’t think ignorance is an adequate defense. At the very least I think the price should be lowered, or I should be released from the contract.

I do know that I would not have bought the car had they told me it was in a k wreck and they acknowledge that that’s likely the case. Still, they insist the wreck doesn’t effect our deal.
I got it from a smaller local dealer called "Auto Max."

My issue with the wreck is that I specifically asked if it had been in a wreck and they said no. I asked two separate salesmen and they both said no.

My insurance agent only found the k claim through one insurance company — he was checking them all for the lowest price. None of the other insurance companies were showing this claim BUT I’m sure the dealership knew what was what.

I can’t accept that the auction didn’t let them know the history of that car — I’m sure the truth of the matter was in the price they paid for it. If they got a severely discounted price on it they had to know why, in my opinion. I doubt they got gypped too.

Though, I did initially give them the benefit of the doubt, thinking maybe they really didn’t know, but now I’m thinking the shock was more a reaction to the fact that I found out about it, rather than true ignorance/innocence.

And still, they claim they don’t have the title.

Ok, here is the deal. I was stupid and young and let myself get talked into buying a neon 4 yrs ago. The car is having some major issues with the transmission and the repair costs more than I can afford. The warranty has expired and I owe more than it’s worth(duh). I can’t get approved for a car because my credit is bad and the car adds about 5,000 onto the potential loan. I have some other debt I accrued while I was unemployed and couldn’t pay my bills and I am thinking about filing bankruptcy. I understand that if I file bankruptcy they might not include the car because I owe way more than it is worth. So the question is do I let them re-po it first and then file bankruptcy and if so do both show up on the credit report? Help! And thanks in advance to all of you that give serious answers.

How do you transfer warranty on a used car or does it just happen automaticly?
This is for a 2005 vehicle which still has manufacter warranty left and is a private sale (not through a dealership).

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