how much can you expect to save at a repo auction?

by admin on September 29, 2009



my boss has a car dealers license and has offered to help me buy a car at a repo action i wanna get like a little 98 toyota tacoma or a 98 nissan frontier and i only have about two thousand dollars and i want to know if that’s enough when the dealerships are selling them for about 4 or 5 thousand

Originally posted 2008-12-24 23:47:17.

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{ 1 comment… read it below or add one }

mccoyblues December 25, 2008 at 8:04 am

Buying at the auction is a very risky move. Most repos are torn up, damaged and beat to death. You have no way of inspecting the car, unless you are a mechanic, you have no way of knowing if they poured syrup in the gas tank before the bank stole it back. People are fools and when they know the repo man is coming they will destroy a car rather than give it up. The radio will be gone, the tires flattened, the battery is missing, anything they can remove and sell they will.

It’s your money but it’s a high risk adventure buying a car from the repo auction.

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