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Do you need a new car, but are afraid of the notes associated with it?
Used car auctions lists provide quality used cars at prices anyone can afford.
How?
Find the car auction that’s the best fit for your family by perusing the reviews below. Our editors have given each site a thorough once-over and provide all the ins and outs associated with each site below.
How do car auctions work?
Cars brought for auction come from various resources including governmental agencies that have declared them surplus property, banks that have repossessed them for nonpayment, and police departments that have seized cars involved in criminal activity. These cars are brought to auction because it’s cheaper to sell them at a loss than to store them indefinitely.
Is it legal?
Car auctions are 100 percent legal. They are held by federal, state, county and local governments across the country. They also are held by private companies. You can check out every car at auction before the sale by attending the pre-sale inspection days each auction house holds. Many auction houses also offer Carfax reports on each vehicle on the auction block.
Why don’t more people use car auctions?
The short answer is that used car dealers don’t want you to know about the great deals you can get at car auctions. If everyone knew about the deals, then car dealers couldn’t buy used cars at up to 90 percent off the retail price and then resell them to you at drastic markups.
Why should I buy from a used car auction?
The cars in these auctions average only 2-3 years in age and 40,000 miles on the meter. You can get up to 90 percent off the retail price. Additionally, you don’t have to deal with high pressure sales tactics on a used car lot, and you don’t have to wonder if you are buying someone else’s problems through a private sale. In short, you set the price you want to pay, and you can walk away from the deal at any time if the price isn’t right.
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