| Automobiles are still important in this day and age, and | | | | - Cars that were traded in, but did not meet the |
| thousands of vehicles are bought every day, whether | | | | trader's standards, can also be sold at public |
| at the local car shop or at public automobile auctions. If | | | | automobile auctions. The variety of such cars will be |
| you are looking for cars, then perhaps public | | | | wider, and their warranties will differ depending on their |
| automobile auctions can help you get the vehicle you | | | | initial state. |
| need. | | | | Before you engage in bidding at public automobile |
| What kinds of vehicles are sold at public automobile | | | | auctions, take note of these facts about such events. |
| auctions? | | | | - The prices of such vehicles can be much, much |
| - Off-lease vehicles, or vehicles returned to a financial | | | | lower at auctions than they will be on a dealer's lot. |
| institution after their lease has ended, are commonly | | | | This, of course, will depend on the tastes and budgets |
| offered up for bid at public automobile auctions. | | | | of fellow bidders, but because the cars being dealt |
| However, due to the large volume of such vehicles, | | | | with are not brand new, prices will be of a much lower |
| private auctions tend to feature them more often than | | | | range. |
| not. | | | | - Some off-lease vehicles may be sold just before the |
| - Car rental companies tend to dispose of their cars | | | | expiration of their factory warranty. Take care when |
| after some time, since these cars can suffer wear | | | | bidding for such vehicles, because you may have little |
| and tear due to constant use. These off-rental | | | | time to spare to have any repairs made. |
| vehicles are then sold at public automobile auctions. | | | | - Repossessed vehicles can present more a hazard |
| Because of the care exercised by these companies, | | | | than advantage, especially if the previous owners did |
| such off-rental vehicles will often be in very good | | | | not take care of the car. Such vehicles may often |
| condition, and will not have been on the road for more | | | | earn you more if you sell them to junk shops, as they |
| than a year. | | | | may not function properly. Moreover, not all previous |
| - Companies will often replace their company cars or | | | | owners are angels: some may have sabotaged their |
| fleet cars after some time, while those that have | | | | cars without the dealer knowing, so take extra care |
| already been used will be up for bid at public | | | | when bidding on such cars. |
| automobile auctions. Compared with the volume of | | | | - As when buying all other cars, take note of the fine |
| cars from car rental companies, such cars will be of a | | | | print and terms and conditions of the public automobile |
| wider range, and public automobile auctions of such | | | | auctions you will be bidding at. There may be hidden |
| batches will have a large variety of vehicles, from | | | | fees and missing warranties that will work to your |
| luxury sedans to even a worn out delivery truck. | | | | disadvantage. |
| - Repossessed vehicles are often sold at public | | | | Public automobile auctions can be great places to buy |
| automobile auctions because these are the easiest | | | | your vehicle, but remember these advantages and |
| methods by which local banks can still stand to gain | | | | disadvantages well, and you may soon find yourself |
| from them. Such vehicles, however, may not be in | | | | the owner of the vehicle of your dreams - and at a |
| optimum shape, so care must be taken before bidding | | | | good price as well. |
| for them at public automobile auctions. | | | | |