Question by : buying a car from private seller that they bought in auction?
Seems more and more sellers are buying cars from auctions. Should i trust this kind of car some say the had it for 2 or 4 months? It checks out on autocheck, but would you buy are car from a private seller that bought it in a auction?
Best answer:
Answer by Vipassana
What’s to trust or not to trust?
Whether it’s a used car at an auction, or a private sale, or a flea market, it’s a used car.
You don’t buy a car based on where it was purchased, you buy it based on researching that specific vehicle, and deciding whether it’s a good purchase or not.
Know better? Leave your own answer in the comments!
6 Responses
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Sharp Shooter Says:
Most cars sold at auction , had trouble being sold elsewhere. So have someone you know check it out real good. Before you plunk down your money. If the seller seems reluctant to let you do so. Say good bye and go elsewhere. There are millions of cars in this country. you will find a nice one. Just dont grab the first one.
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fire4511 Says:
The first thing you want to be sure of is the title situation on the vehicle. Make sure that the seller has the title in their name, and is not trying to sell you the car with just auction paperwork. Unless you are a licensed dealer, you have to have a vehicle titled in your name before you can legally sell it. If there is a problem(such as the car being reported stolen) and the seller was not the legal titled owner, you could loose your car and the money you paid.
If the seller bought the car, titled it and then is selling it, there is no problem. Some people will buy a car, do some repairs on it, and sell it after a few months in the hope of making a profit. Most states allow a private seller to sell a few vehicles a year without getting a dealer license, as long as the car is titled in their name, and tax is paid.
Have any used car you are considering checked out by your own qualified mechanic prior to purchase. Autochek and Carfax are not a substitute for a hands on inspection.
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PETER GRIFFIN Says:
There are always inherent risks to buying a used car.
Remember, these are complicated machines with thousands of parts that could break down. Which is why you have to hire a mechanic to check it over thoroughly.
With that being said, I’ve purchased several cars that were previously purchased from auctions and they were reliable. But they were traditionally reliable makes such as Honda & Nissan.
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robertjboatwright Says:
90% of the cars go to the auction because;
1.That particular car does not sell very well at the dealership it was traded in at.
2. They tried to sell the car for 90/60 days and did not.
3. They have maxed out their floor plan and simply they need to free up some cash to make payroll
4. They need to liquidate stock to make room for fresh/new cars on the way and no place to put them
ASIDE FROM THAT
Dealers check out the cars they buy and if there is a problem they take it arbitration at the auction
The auction is responsible for the correctness of the title,flood,frame/pan damage,and paint on current year cars.
Dealers do not want any car to come back to haunt them.
GOOD LUCK!!! -
N Says:
Do they have a clean title ?
Why are they selling it ? If it was a good car, why are they selling it already ?
Did they register it in their name or not ? If not, you may have title issues and never get a clear title.
Auto check is meaningless for all practical purposes.
It might be a wanna be car dealer who bought at auction to try to sell it at a profit. That’s how many wannabe dealers start out. I did.
Generally, auctions open to the public don’t have the best cars by any means, or, if they do, they sell for too much or don’t sell at all.
Occasionally you can get a good car from a wholesaler who might bring a bunch of cars and will sell one if it brings a certain amount over his purchase price.
Dealers dont work for free.
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janelle Says:
depending on what type of car it is or how much, i would pay a mechanic to check it out. if it passes his inspection then go forward with the purchase. or just go to the auction yourself. you can search what cars are being auctioned and where the auction is going to be held at http://certified-auctions.com/
