How to Buy a Car That Was Purchased at an Auction
Several cars are sold through auctions after they are surrendered as trade-ins, removed from corporate and rental company fleets or confiscated by law enforcement agencies. Used car dealers, brokers and private buyers attend auctions to purchase vehicles for less than their current blue book value. Other auto auctions are held for collector cars selling for millions. Buy a car that was purchased at an auction from a broker, dealer, purchasing agent or private owner.
Other People Are Reading
Instructions
-
How to Buy a Car That Was Purchased at an Auction
-
1
Buy auctioned cars from brokers and dealers. Often, several of the vehicles on a used car lot were purchased at auctions. Brokers and car dealers stock their lots with vehicles bought through auctions.
-
2
Buy an auctioned vehicle directly from the purchaser. Auction sales records might be made available to interested members of the public. DMV records showing registered owners of vehicles are obtainable through state specified procedures. Contact the owner of an auctioned car you want and ask about buying it.
-
-
3
Buy a car from an auction purchasing service. Request the type of car you want, and the auction buying service can locate and purchase it for you. The price can be agreed upon in advance.
-
1
Tips & Warnings
Run a check on the vehicle identification number to find out what insurance claims for repairs have been made on it before agreeing to buy an auctioned car.
