do car auctions really sell cheap cars?
3k will get me what car?
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- Dodge Intrepid, Honda Civic, Toyota Corrola, I have bought cars for less than I buy my handbags for.
- sometimes they are repo cars from drug busts or arrests. they may have mechanical problems. outdated tags or old tickets.
- There are many kinds of auctions. If you want a descent car , you need a dealer license and go to a larger one like in Florida, Orlando hosts an auction and in Kentucky there is one also for good cars in Southeast. Most auctions are for high mile previously wrecked cars that have salvage titles etc. They go to buy here pay here lots and are vehicles a dealer would not sell. So all in all it is a crap shoot. If you are allowed to a auction without a permit then stay away is best advice. Even the big auctions are a risk and you need to be able to pull car fax on spot (Laptop) and have used car appraiser to look at car to see any damage that you cannot tell where to look. Good luck. It is possible to get a good deal but will have same reapairs as dealer when you get car as it MUST be seen by a mechanic unless you want to break down in bumf-k Egypt. That is why used cars are marked up 2-5000 above what was paid for at auction. Cars are rentals, bank Rep's and trades that have been on lots for more then 60 days for some reason.
- If you can't get into the auctions you can go to the used car dealers around you and instead of looking at what is right out in the front look at the stuff that seems to be sitt off to the side or the back. Things that they don't have out there for sell. Most the time that is stuff they are going to send to the auctions. My friend buys cars like this all the time for a few hundred to thousand. Most the time they will have little things wrong with them. If you can fix it or get it fixed cheap you get a good deal. Some times they are just older than what they sell or have to many miles but still good cars.
- A lot of times you can buy cars at auctions, but they're there for a reason. Mechanics often just fix them up enough to get them to run for a day or two, then when everything is final, you're out of the money, and you have a dead car. I'd prolly stay away from the auctions. You can find a good car for around $3,000. Just keep looking, don't rush into finding one.
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