Why Car Auctions?
Used car salesmen have earned their reputations for being pushy snakes who will try any trick they can think of to sell a “lemon” to the first unsuspecting customer to walk in from the street. Honesty is not one of their strong points. They don’t care how high your notes will be or whether you can afford it, and they have a reason to feel that way. The more you pay, the higher their commission is. Doesn’t that make your blood pressure rise? The next landmine to avoid when purchasing a used car is buying through a private sale. Whether you found the seller of the car you are considering through newspaper classified ads or Craigslist, how do you know that the title is clear and the sale is legal? Car auctions are different. The cars sold at auction often come from governmental agencies, were seized by the police, or were repossessed by the bank. It costs a lot of money to store all those cars, so the government and the banks would rather sell them at a loss. And their loss is your gain.