Cars Auctions

By admin, November 1, 2009 3:08 am

How should I deal with a broker who sells cars bought from auctions?

A close friend of mine said he would like to introduce me to a local garage that sells cars bought from auctions. (I suppose the correct term to use is “a broker”). Apparently, cars sold this way can be reasonably cheap, and the broker in question also owns a garage that can repair the cars when necessary. As this is a close friend, I don’t want to refuse, saying I’ll meet the broker, although I don’t really know how honest the broker is.

Do you have any advice?

Buy an extended warranty from a third party and consider that part of the purchase price.
If the two add up to more than you are willing to spend, then it is not a good deal.
Insist on a carfax report that shows all inscurance claims made for the VIN of the vehicle.
Cars bought at auction could have serious frame damage, water or smoke damage too.
Great that the guy can fix the cars, but unless you get something in writing that says he will do it for free it doesn’t mean a thing.

EDIT:
He is a middle man, you can pay a small fee and buy a car at an auction and eliminate the middle man mark up if you want to do your homework. Either way inquire about an extended warranty first and call that part of the ‘price’.

Car Slams Into Crowd at Ga. Auto Auction


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