Is It A Good Idea To Buy Car From An Auction? The simple and obvious answer for why you would want to buy a used car from an auction is price. A car auction is a great place to buy a vehicle for a fraction of what it would cost to buy from a dealer
Does Repo Cars Have Low Resale Value? Is it OK to Buy Repossessed Cars in the Philippines? Yes! Most definitely . With websites like Automart.Ph, the process is much easier and a lot less risky. How are repossessed cars priced? Pricing at auctions According to experienced auctioneers, these reserve prices tend to be between 10
How Do Repo Car Auctions Work? Banks need to quickly liquidate their repossessed assets so they turn to auction houses (like us) who conduct frequent repossession auctions. The auction house will sell the vehicles and will receive a portion of the final bid as payment, then the rest of the money will be used to
How Find And Buy Repo Cars? Check for warranties and motor plans. … Make sure you know what the car you’re planning to buy is worth. … When you view the vehicle, make sure you inspect it thoroughly – including checking its service record. … Get the vehicle’s VIN number. How long will Repo Man