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What else can I help you with?
Does a repoed car have to be sold at auction?
No. Who ever holds the note gets to decide how the vehicle is resold.
Where can women clothing be resold at?
Women Clothing can be resold at badfit. one of latest fashion brand for women. try badshah collection for ladies.
Do you need a driving license to buy cars at police auction?
No! You can buy any vehicle you like from a police car auction however you will need a licence to drive the vehicle on public roads. Either arrange transportation or someone with a licence to remove the vehicle from the police auction
After a car repo if late fees storage fees and payments are updated can you get the car back even if it has gone to an auction house?
Up until the vehicle is resold at auction, it can be redeemed...in most cases. If the lender has determined the vehicle is a "direct drop," that is it is immediately taken to auction upon repossession, then redemption is going to be unlikely. If you have paid the outstanding fees, and at least have arrangements with the lender, demand the return of the unit. Do not stall, do not wait for them to move.
What states require out of state dealer licenses in order to buy a vehicle at auction?
States have nothing to do with an auction choosing to be a dealer only auction or a public auction. Thus there is no state that "requires" a dealer licenses to buy at an auction. This a requirement of the auction if it chooses to be dealer only.
If you have a choice should your repossessed vehicle be sold at a private or public auction?
It is generally better for a repossessed vehicle to be sold at a public auction to reach a wider customer base and potentially secure a higher selling price. Public auctions also provide transparency and fair competition among buyers.
Does the vehicle have to be worth more than the amount owing in order to repossess it?
No. Vehicle can be resold, you still take the hit on your credit.
If your car is reposessed do you have the right to bid for it at auction?
If your vehicle is being sold at a "Public" auction where anyone can go in and bid - then yes you can bid and/or buy your vehicle. Keep in mind that - if for instance - you owe $5000.00 and you buy your car back at auction for $3000.00 - you will still owe the lender the $2000.00 difference. In other words - you are not going to be able to get by on purchasing your vehicle at auction for less than what you owe and then not have to pay the rest to the lender.
What happens to cars?
Repossessed cars are typically cleaned up and resold on a dealers lot. However, if the lienholder (the person who repossessed it) feels that it will cost too much to restore the vehicle to a sellable status, they will just put it in an auction and take whatever they can get for it. Repossessed cars are first examined fully to determine the remaining value of the car. If the car is suitable for repossession, it will be resold to another person for a discounted price.
Where do you find cheap vans?
If you mean the shoes, they are cheap when new. If you mean vehicle-a public auction or buy from a private party in the recycler.
What license do I need for vehicle auction?
How do I get an auto auction licence? So I can buy cars at an auction.
What does a public auction refer to?
A public auction refers to the selling or trading of items in a public setting. Anybody can attend and bid on the items up for auction and the profits are often to satisfy a judgement decided in court.
