In my experience I have found that a lot of people are intimidated by seized car auctions. I usually try to allay those fears. There is nothing to be afraid of a car auction. You should not feel like you have to hold back perhaps because you are not entitled to go. This attitude I found in many people. But generously I think I'm writing this article to help people to use vehicle auctions. So to do this I would like to give you my experience going to car auctions. I'd also like to explain how they help me. Perhaps this will help you to get a good viewpoint of car auctions.
The first time that I used a vehicle auction I was looking for a 1999 Honda Accord. I can't recall the exact price that I was finding at car dealerships and in classified ads. It was somewhere in the neighborhood of $10,000. I knew I could never afford to pay that much for that car. I needed to find something different. That's one of friend help me find repo auctions in my area to attend. I was a little like you, not sure what to expect.
How shocked I was to find the exact car I wanted flying off the holding lots for at least half off the price that they were going for at dealerships and in the classified ads. My eyes grew bigger. I had found what I was looking for! By the end of the day I had a Honda Accord for about $3000. It was in 1999 model just like I wanted and red.
This really opened my eyes to car auctions. So I decided to go again to buy another car. My intention this time was to resell it. So I got a similar vehicle, a Toyota Camry. I ended up selling that car to my cousin that next week at a price that he thought I was losing money on. Actually earning $3000 on that sale! So from then on I have used car auctions to make a living.
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