2007-02-12 06:55:13 · 3 answers · asked by deenbmore 2 in Cars & Transportation ➔ Maintenance & Repairs
To purchase or sell you have to have a dealers license. Unless it is a sheriffs auction or private auction then you do not. Buying from one you can score some deals sometimes. You do get to look over the vehicles before auction. Selling them there. Well this is a whole other story. You have to remember that this is an auction people or looking to make a deal not get ripped. So if you set your start price to high no one will bid on it.
2007-02-12 07:43:56 · answer #1 · answered by scott b 2 · 0⤊ 0⤋
Most auto auction have a minimum warranty price around 500 bucks, meaning if you buy a car for say 450 bucks and it is a lemon and a POC then since you paid less than 500 bucks no warranty.
Look for the car(s) you want then bid on the in small bites. try to get it for as little as possible. take a peper and write down what the car is worth from the internet. You can usually get a sheet of available cars ahead of time. write down what you would pay and stick to it. don't let another drive the price up and leave you hanging. If you are to finance it get that ahead of time. they don't finance, on the spot. You might get a real great car if you allow some flexibility
2007-02-12 15:02:05 · answer #2 · answered by Uncle Red 6 · 0⤊ 0⤋
I was under the impression that you needed a "dealership licence" in order to attend one.
It's like playing Russian Roulette. Cars can be there for any number of reasons including Flood Damage (Katrina), reposessions, rebuilt titles.. etc.
careful if you go, and go armed with Carfax!
2007-02-12 14:58:50 · answer #3 · answered by rob1963man 5 · 0⤊ 0⤋