| Repo Auctions is no doubt a great way to get cheap | | | | big risk in taking a car, what ever may be the excuse |
| cars. Cars that have been repossessed can be had at | | | | the seller offers. |
| prices that are far lesser than their actual market | | | | - Check vehicle history with the VIN: The Vehicle |
| value. But there are some problems you should keep | | | | Identification Number is unique for every vehicle and |
| your eyes peeled for. One of them is that such | | | | the customer can obtain a VIN report by providing this |
| auctions can and do bring with them the risk of stolen | | | | number to understand the origin and vehicle history |
| cars. The best method to resolve the problem of | | | | - Verify source of car: Cars that are put up through |
| stolen repo cars is to understand and avoid it. | | | | government departments, corporates, banks, leasing |
| Repo auctions host vehicles that come from anyone. | | | | companies etc are generally reliable |
| This is especially true of the small auctioneers without | | | | - Check registration papers to ensure that vehicle's |
| a reputation who take in cars - no questions asked. It is | | | | VIN matches |
| really quite difficult for even people in the car auctions | | | | - Vehicle inspection: Stolen cars at repo auctions |
| sale to smell out a stolen car. | | | | typically have locks changed, car repainted and such |
| For normal customers who are eager to get a cheap | | | | tell-tale signs |
| car in good condition from auctions it is almost | | | | - "Car check" through a company: There are |
| impossible. So the first step for a customer is to | | | | companies that do a background check on cars for a |
| choose a well known and respected auction house to | | | | small fee. |
| pick his/ her car. | | | | - Checking up on owner contact: A home phone |
| Other things a customer can do are: | | | | where the owner can be reached anytime could be |
| - Verifying the documentation: It is important to check | | | | an indicator of a genuine owner as against only mobile |
| documents that come with the car - the V5 log book | | | | contact and/ or contact only at specific times |
| which is the vehicle registration paper, MOT, Tax | | | | Armed with these tips stolen cars can be avoided |
| receipt, service receipts and records are some of the | | | | quite easily. To know more about repo auctions and |
| crucial documents to verify. Without the V5 book it is a | | | | some really cool offers click on the link given below. |