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To the auction car features They are simple, but they can change your mind at the time of purchase. But what are these characteristics? Is it worth buying a car that is auctioned or is it better to go to a car dealership? What are the benefits of buying at auction from a financial perspective?
Buying a new car is many people's dream. In fact, it doesn't even have to be new like a new one, just be a used one that replaces the old car that the person already has, and happiness will be guaranteed. Therefore, it is essential to look for possible ways to buy a good vehicle.
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Many people actually choose to buy a new car, but as market prices are well above the norm, it is normal to search for a used car or one that has been used for a few years, to buy a quality car, but at a lower price. than a completely new car.
In today's content, we are going to talk about the auction car features. This is important information that you need to know before purchasing your vehicle for this type of event. Therefore, if you want to know more about the subject, read with us until the end of the article. Let's go!
Main features of auction cars
Financial seizure
One of the main features of auction, is the fact that the vast majority are caught by finance companies. Basically, it is a way that these banking companies find compensation, that is, to get back part of the money that was paid to the customer, at least enough to not end up in the negative.
They are generally good cars in terms of conservation. The period between the vehicle being seized and impounded lasts between 2-4 months, during which time cars usually remain parked in the garage. So, at finance car auctions you will always find good purchasing opportunities.
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Old cars are police seizures
Continuing our features of auction cars, it is important to remember that old cars are often targets of police seizures. But how so? Well, basically, if you want a newer car, you should look for finance auctions, which had financing still open (usually cars that were 10 years old).
But, if you are looking for even older vehicles (15 or 20 years ago) to pay very little at the time of auction, then you should look for vehicles from military police and federal highway auctions. Why? Because they are older motorcycles, which generally have overdue documents or fines registered, which is why they are seized.
Features of auction cars: some registered fines
As mentioned above, it is very common to find vehicles with registered fines. This is often the reason for the vehicle to be seized. Think with us: motorcycles with late documents usually have accumulated fines, whoever owns them no longer cares about anything, especially extremely cheap vehicles, the famous ones “just for running”.
Therefore, when they are seized, many owners do not even go back to regularize the vehicle, thus leaving the car with fines generating interest, late and still registered. Therefore, it is quite common for you to find some. In new cars the quantity is smaller, which is why so many people look for finance auctions.
Beats are possible
Remember: it is a used car, often auctioned off because it is no longer useful. Therefore, it is quite common to find many cars that are well damaged, with many crashes. These vehicles are easily seen in online auctions, where people can advertise themselves on the web, just using the platform in question.
It's worth analyzing, after all, a simple hit often pays off, as long as the bid you make is low. Imagine bidding 6 thousand reais for a 2012 Civic, with a bad crash that will cost you 10 thousand reais in repairs, and no one else bidding? The car is yours, and you will spend 16 thousand reais on a car that FIPE has at around R$60,000.00.
This was our guide to the characteristics of auction motorcycles. We hope we have answered your questions on the subject. If you still have any, comment below and we will respond. To the next!
