Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How cheap do used cars sell at public car auctions?

0
10 Posted

How cheap do used cars sell at public car auctions?

0
10

There are several types of public auctions. Some are government auctions, and some are auctions that take consignments from the public, businesses, government agencies, charities that get the vehicles as donations, and dealers. What you will usually find is that most cars in the auctions are there for a reason. Either the dealer does not want to put the car on their retail lot and warranty it, or someone donated it to charity because it had problems. You will also find that there are dealers who are at these auctions Depending on the auction, they may have a minimum price set on the car, or the person who consigned the vehicle may be allowed to bid on the vehicle to “protect” it from being sold at a price that is too low. If a good vehicle comes through from a private seller, they will bid on it if it is priced low. The dealers know the value and will not pass up a great deal. Most all auctions are selling cars as-is, where is, how is. This means that they do not guarantee anything, th

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123