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What are the disadvantages for purchasing a car through auction?
Wiki User
∙ 12y ago
One of the disadvantages of purchasing or buying a car from the auctions is that you never know what you are getting. I mean by that how good of condition the car itself is under the hood. You only get a view on the outside of the vehicle. There are some advantages of buying a car from an auction as well.
Wiki User
∙ 12y ago
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What are the benefits to purchasing a used car from a car auction?
The benefits of purchasing a car from an auction are simple. One would get a car for a lower price then they would from a car dealership, or even a used car dealership.
Where can one purchase Mitsubishi SUVs?
Mitsubishi SUVs are large automobiles manufactured by the Japanese company Mitsubishi. Purchasing one new is best done through a Mitsubishi car dealership. Purchasing on secondhand can be done by private purchase from the former owner, though secondhand car dealers, online through sites like eBay or via a car auction.
What are the drawbacks of purchasing an automobile from a car auction?
The drawbacks of purchasing an automobile from an auction include the risks of not fully knowing the history of the car or owner and the sellers limited liability. Also you may pay above price if you are up against too many perspective buyers.
What are the disadvantages of getting cheap car prices?
Disadvantages of getting cheap car prices are that the car might have problems with it. It is always best to have the car looked over by a mechanic before purchasing a vehicle.
How much on average can one save by purchasing auction cars?
You can save a lot on auctioned cars compared to buying a car through a dealer , or personal person selling them . Auctioning a car allows people to bid on a car that is on sale and sometimes a car can go for one third or it's value , and even lower .
Where is the best place to auction off a car?
There are actually many websites that help you auction off your car. Just search for car auction websites in your particular area. Whether or not the buyer should pay shipping is up to your discretion. USPS is not the best place to ship your car through.
Is a motor car auction a good place to buy a used car?
I would not recommend using a car auction to buy a used car unless you want to work on it yourself. Your best bet is to buy on your own or through a local dealer.
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.
Where do you get a Car Auction licenses in Texas?
Where do you get a car auction licenses in Texas
What are the disadvantages of a cheap car tire?
Some disadvantages of purchasing a cheap tire for your car include, low gas mileage,and less smoother riding enjoyment. The threads on the tire would not last as long as a tire you would have to pay a little more for.
In order to get a car auction license you have to be a car dealer?
Not necessarily. As long as you own a car you can get a car auction license right away.
What are the main disadvantages of purchasing used vehicles?
There are many disadvantages to buying a used car, the main one being that it can be hard to determine if there are any issues with the engine or electronics until after the purchase has been finalized. This is especially the case if the car is bought from an individual as opposed to a licensed dealer.
