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Autoauction, is a method of selling new, and most often, used vehiclesbased on auction system. Auto auctions can be found in most nations,but are often unknown to most people. This is, such as in the case ofthe United States, because this a protected source for used cardealers. Since 1948, the National Auto Auction Association (NAAA) hasbeen helping colleagues in the remarketing community. The NAAAconsists of over 300 domestic and international auctions. Thisorganization demands that its members meet certain requirements andoperate secure, neutral auction settings. In other countries, such asJapan, auto auctions are well known and used (indirectly) by mostpeople.ACar dealer auction is a specialized form of auction. Millions ofvehicles are sold at dealer auto auctions every year. These auctionsare restricted for the general public and only licensed dealers canparticipate. Prices of vehicles sold at dealer auctions tend to belower than those advertised on any dealers lot. Sellers forgo apotentially higher sticker price to take their inventory to a dealerauction where it will be auctioned off for thousands less than retailfor a number of reasons. Maintaining aging inventory costs dealersboth money and reputation. Most vehicles sold are off-lease returns,replaced replaced fleets, company cars, repossessed vehicles, andtrade-ins.Pricing. Regardless of theirsource, vehicles are sent to auction with the main purpose to be soldquickly and hassle-free, and this usually happens at prices thatdealers can easily recoup with a small profit from a resale. Contraryto popular belief, cars seldom sell for unreasonably low prices atthe dealer auctions. This may happen if there are not enoughinterested bidders or if the vehicle is exceptionally unattractiveand should not be taken for granted. Many sellers put reserve priceson their stock specifically to prevent this from happening. Thereserve price is not disclosed publicly and a winning auctionbid is only considered a sale if the reserve price is met. Sellershave the option to re-list vehicles that did not sell at a particularauction.Condition. As with any usedvehicle, overall vehicle condition varies greatly. Many aspects ofthe vehicle appearance may suffer in the term of everyday use andresult in any of the following damages: stained or otherwise usedupholstery, scratched bumpers, dings on the doors, chipped hood,dented quarter panels. Most of these can be fixed with touch-up paintand/or a dent removing kit. Scraped wheels and worn tires may costmore to repair or replace.Inspection. Pre-sale vehicle-inspection or test-driving is not allowed at some of the auctions.Mechanics and guests are not usually allowed to see the cars untilafter the sale is completed. Some auction locations inspect andprepare the cars for sale if the listing dealer so chooses (at apremium). More extensive reconditioning is also available. Manyauctions offer (for a fee) post-sale inspections for qualifyingvehicles which can determine mechanical or frame damage issues whichallow the buying dealer a window of opportunity to back out of thepurchase. On the other end, sellers can also (for a fee) have theirvehicles pre-sale inspected which allows purchasing dealers to buywith confidence that the vehicle passed a pre-sale inspection and iffree of any mechanical or frame damage issues.Ifyou are looking for any advertisement of the cars, then join in theonline auto sales, where you would be able to get different type ofcollections. If you can contact with any auto dealer, then they willhelp you to reach towards your destination of car. New and usedbranded car, both are available there and you would be able to getyour most favorite model of the car from the given huge, differenttype collections.Onceyou've made an appointment to see a car, go and see it with aknowledgeable friend or local mechanic. You want to make sure thatthe used car classifieds find is something that is perfect for yourneeds. The mechanic can also look to see if there are any repairsthat need to be done immediately and then you can negotiate the pricefurther with the seller. Too often, a customer will just go and seethe car, drive it around the block and then make their decision. Acar is an investment that you need to take more seriously than that.If you don't know any mechanics, set up a meeting with a mechanicduring the time of your appointment to see the car. When you aredriving the car, you'll want to take it on the highway as well as onlocal roads. This will give you an idea of how the car moves undermore strenuous conditions. You will also want to take it in heaviertraffic areas to see how it handles being in idle and other drivingconditions.
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