Cheap Used Trucks Ready At Vehicle Auctions
What Exactly Is An Auto Auction?
You can find cheap used trucks at most auto auctions -- a variety of auction that pushes only vehicles like cars, trucks, SUV's, and more. Several millions of cars find new homes every year thanks to these types of auctions. Unfortunately, most are reserved for dealerships looking for new products to sell, but there are others that do cater to the public. Online auctions are also starting to gain popularity, for instance through eBay.
Extreme Low Pricing: Truth or Lie?
There are without a doubt some incredibly low prices present at each auction. Vehicles have been known to be driven off the lot for 90% off the price of an original, a sale owed to the fact that many cars that have been reposessed are shoveled back out into the market through auto auctions.
Many dealers have introduced the concept of "reserve pricing" lately to combat the low prices. What "reserve pricing" means is that a dealer will only sell a vehicle to a bidder if their winning bid is at or over that reserve price, which happens to be declared before the auction ever takes place.
On the flip side of the coin, car prices can zoom skyward just as easily as it can drop through the floor. Picking up your dream car for bargain basement pricing isn't impossible, but it doesn't happen often.
Where Are They Located?
Auto auctions are held all across the country almost every day. Most of the time, they're held by Federal and government agencies, police departments, or privately sponsored auction houses. The schedules of auto auctions are frequently posted online on websites, in the offices of the agencies taking part in the show, company brochures and even in your local newspaper. Find one near your location, visit and see if you can find that cheap used truck you've been looking for.
Proper Identification
You have to pay a registration fee in order to attend a vehicle auction. The only positive side to this is that you can pay when you're on site on the day of the show.
No Warranty
Keep in mind that any cheap used truck you purchase in an auction won't have that "in house" warranty that a dealership would. If there's a manufacturer's warranty that hasn't expired, then that should still be valid, though.
Quality Of The Vehicles
Cheap used trucks and other vehicles you can look at during an auction aren't available for test drives, but any bidders who would like to can do some small scale testing. Try out the air conditioning, heating, the engine, and many other accessories which can run while the vehicle is on. It's not much, but at least you know the ignition will turn.
How Is Payment Issued?
Auction vehicles usually are paid for the same way you buy anything else: check, cash or credit card. Check with the house where the event is held for any special instructions, if there is any, or what forms of payment are taken.
Honesty Is The Best Policy
When you win an auction, you are legally bound to pay the amount you agreed to pay over a certain period of time. If you're not able to make your payments for whatever reason, you'll be charged additional fees and penalties to compensate for your misjudgement. - 21396
You can find cheap used trucks at most auto auctions -- a variety of auction that pushes only vehicles like cars, trucks, SUV's, and more. Several millions of cars find new homes every year thanks to these types of auctions. Unfortunately, most are reserved for dealerships looking for new products to sell, but there are others that do cater to the public. Online auctions are also starting to gain popularity, for instance through eBay.
Extreme Low Pricing: Truth or Lie?
There are without a doubt some incredibly low prices present at each auction. Vehicles have been known to be driven off the lot for 90% off the price of an original, a sale owed to the fact that many cars that have been reposessed are shoveled back out into the market through auto auctions.
Many dealers have introduced the concept of "reserve pricing" lately to combat the low prices. What "reserve pricing" means is that a dealer will only sell a vehicle to a bidder if their winning bid is at or over that reserve price, which happens to be declared before the auction ever takes place.
On the flip side of the coin, car prices can zoom skyward just as easily as it can drop through the floor. Picking up your dream car for bargain basement pricing isn't impossible, but it doesn't happen often.
Where Are They Located?
Auto auctions are held all across the country almost every day. Most of the time, they're held by Federal and government agencies, police departments, or privately sponsored auction houses. The schedules of auto auctions are frequently posted online on websites, in the offices of the agencies taking part in the show, company brochures and even in your local newspaper. Find one near your location, visit and see if you can find that cheap used truck you've been looking for.
Proper Identification
You have to pay a registration fee in order to attend a vehicle auction. The only positive side to this is that you can pay when you're on site on the day of the show.
No Warranty
Keep in mind that any cheap used truck you purchase in an auction won't have that "in house" warranty that a dealership would. If there's a manufacturer's warranty that hasn't expired, then that should still be valid, though.
Quality Of The Vehicles
Cheap used trucks and other vehicles you can look at during an auction aren't available for test drives, but any bidders who would like to can do some small scale testing. Try out the air conditioning, heating, the engine, and many other accessories which can run while the vehicle is on. It's not much, but at least you know the ignition will turn.
How Is Payment Issued?
Auction vehicles usually are paid for the same way you buy anything else: check, cash or credit card. Check with the house where the event is held for any special instructions, if there is any, or what forms of payment are taken.
Honesty Is The Best Policy
When you win an auction, you are legally bound to pay the amount you agreed to pay over a certain period of time. If you're not able to make your payments for whatever reason, you'll be charged additional fees and penalties to compensate for your misjudgement. - 21396
About the Author:
Do you want to buy cheap used trucks for your business? If the answer is yes, why not visit second-hand truck auctions near you and compare them with the great prices you can find online. Before buying anything as major as a vehicle online, consider how reliable the seller is and how they do business. Be sure to only buy from a trusted web source with reputable sources.
posted by X - Men @ 3:58 AM
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