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Auction car
Buying an auction car is something I know a lot about. I worked for the largest auction company in the United States. The process is intoxicating. The genuine opportunity to save thousands of dollars over retail is real and tangible. My function at the car auction was to prepare the individual vehicle for sale day. My department would evaluate the vehicle and determine the units overall condition. The condition of the vehicle would determine how the vehicle was auctioned. Auction car procedure
At the car auction I worked for they would divide the vehicles into three classes. Green light meant the vehicle was in good condition and that no major system problems where detected.
The auction company would warranty a green light vehicle for 30 days and provide a refund to the buyer if major problems where discover after the sale. The next designation was the yellow light. This is when minor problems where detected like air conditioning not working or check engine lights or other problems that did not affect the power train system. The last classification was the red light vehicle. This meant that a major power train component had been identified as having a problem. Example of this would be a worn engine that smoked or a transmission that slipped. The red light vehicle was sold in, as is condition with no warranties implied. The red light vehicles attracted many mechanics looking to invest some time and money into repairing a vehicle and then reselling or even re-auctioning the vehicle under a green light auction to bring top dollar. Auction car hypeThe auction could also go the other way and you could get into bidding war that would leave you with little or no profit margin. The auction car used inventory was supplied from many different vendors but was mainly from different leasing and rental car companies. When a vehicle was turned in at the end of a lease it was shipped to an auction car operation. Also the large rental car fleets would dispose of their aging inventory at these locations. Some of the vehicles where very well maintained and some not. The buying process would best be described, as the buyer must beware and educated. Give this page a
Learn more about this subject and what its like to work in this field of the car business from one of my real life
automotive auction stories
Auction car online is it real?Buying an online auction car is a whole different animal. The online auction sites deal mostly with government or seized vehicles and also bank repos. The opportunity to save money is even greater than the land based auctions. The government vehicles have very low reserves and can be sold up to 90% off the retail price.If you can get one of these super deals the condition of the vehicle is not as important due to the fact you got the car so cheep. As long as the vehicle doesn't have frame damage you can fix it up and still have a total investment below the blue book value.
If Buying a car online scares you a little you can always slap an extended warranty on the vehicle. This can take the worry out of future auto repairs.
Each state and county have their own auctions and the data base service ties all these together. Its well worth the $25.00-$50.00 to have all of these locations laid out for you. I have researched about 30 of these database auction sites. I only found a couple I would trust. My favorite one was car-auction.com they have the largest database of online and local sales. They offer a 56-day money back guarantee so there is no risk to you. On this site you can get almost any make or model vehicle you desire. Including retired police cars. See my article on why I love police cars and how they can be a best buy for solid transportation. Visit my insiders guide to
buying a police car
How does this site Work? Every day thousands of cars are seized by the government or put in auctions. Car-Auction has created an extensive database full of these auction opportunities, giving you the opportunity to bid on many items for up to 90% off their retail value. Once you have purchased your V.I.P Membership you will have Unlimited access to the entire Car-Auction website and all it has to offer you. Who is Eligible? Everyone is eligible to take part in these online auctions! They are easy to use and fun! They have designed the site so that you can find what you are looking for Quickly! Whatever it is that you are searching for, Car-Auction has it in their large database! Is my Information Secure? Car-Auction.com uses Click bank, a trusted online retailer specializing in digitally delivered products and is used by thousands of websites today. Clickbank is 100% safe and secure. They do not share or store your information. What is a Reserve? A "Reserve" is a set price that the seller is allowed to make. If no bidders reach this set price, Reserve, than the item will not be sold. This is the absolute lowest price that the seller is willing to sell their item for. How do I Bid? Bidding is easy! When you do a search you can go through the results and choose your preferred auction site. Once you have done this, a FREE registration is quick and easy and you will be guided through every step! You're satisfaction is gauranteed!
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