What happens to unsalable cars at Auto Auction?
This is where unsalable cars go to die. As Edmunds.com puts it, “If a vehicle has been traded in, leased, repossessed or totaled, it will find itself among the nearly 9 million vehicles that are purchased each year in an auto auction.”. That doesn’t mean every car on the auction lot is junk.
How many cars are sold at auction each year?
As Edmunds puts it, “If a vehicle has been traded in, leased, repossessed or totaled, it will find itself among the nearly 9 million vehicles that are purchased each year in an auto auction.” That doesn’t mean every car on the auction lot is junk.
Are there any Car Auctions open to the public?
Popular Mechanics reports there are two major categories of car auctions open to the public, government car auctions and public car auctions: Government or police auctions: These include county and city vehicles like buses, police cruisers, utility trucks and more.
Can you buy a car from an auction?
You’re not the first person considering buying a car from a dealer who bought from an auction before, nor will you be the last. No matter why you’ve come to this decision, right now, you’ll want to find out as much as you can about this type of trade, as well as auctions themselves.
What happens when a car is sold at auction?
If this vehicle is sold, the seller has a certain period of time to deliver the title to the buyer. Dealer vehicles for sale at auction are primarily trade-ins and aged inventory. In some cases, a dealer will take a vehicle in trade that does not meet his dealership profile and will immediately offer that vehicle for sale at auction.
Popular Mechanics reports there are two major categories of car auctions open to the public, government car auctions and public car auctions: Government or police auctions: These include county and city vehicles like buses, police cruisers, utility trucks and more.
Where can I find the run lists for auto auctions?
Run lists are available online or via fax, but the most complete listing can be obtained the day of the auction. Lists are generally available at the entry of the auction facility, and can also be printed out from kiosks around the facility.
Can you buy an unsalable car at auction?
Be careful. This is where unsalable cars go to die. As Edmunds.com puts it, “If a vehicle has been traded in, leased, repossessed or totaled, it will find itself among the nearly 9 million vehicles that are purchased each year in an auto auction.”