Buying a used car at a judicial auction can be absolutely convenient, but it is a procedure suitable only for those who are used to doing business online or like that.
The advice is not to throw yourself headlong into these experiments, because if you do not know how the rods work, it could be really dangerous.
Buying a used car at auction is nothing new, there are those who have always done it, but there is a lot of talk about it only now. It is a third waywhich arises between the purchase from a private individual and the purchase from a dealer.
Obviously for avoid finding yourself having to solve problems of a certain weightit is good to know all the details of the case.
Used car purchased through the judicial auction, here’s how it works
Meanwhile, it is important to know that there are two types of auction that allow you to buy a used car online or in person, certainly saving important sums. The one with charm is a race to the upside. The car is sold to the highest bidder. Then, there is the auction without auction where interested parties deposit a sealed envelope containing the proposed purchase of the machine. In this case, the person who has offered the most gets the car. The used cars that end up in the judicial auction are simply vehicles seized, foreclosed, affected by seizures or bodies of crime.
In some cases these are old vehicles, maybe in bad shape, in others they may be semi-new cars still in excellent condition. In some cases they are real opportunities not to be missed. Everyone can participate in the auction except the debtor or the previous owner of the car.
How to participate in the auction for the purchase of a used car
To participate in the auction without enchantment, 10% of the final cost of the car must be paid, while as regards auctions with enchantment, the money to be paid in advance is established directly in the seat, by the judge who deals with the matter. Obviously the figure cannot exceed 10% of the final sum of the sale of the machine.
If you do not have to judge the car, the sum paid before participating in the auction is returned. Those who cannot go to court in person can participate in online auctions. These are so many. If you are interested in a vehicle, you can submit an offer directly by contacting the caretaker, but you cannot take a test drive. So you just have to trust and accept the fact that there could be defects ready to come out immediately after the purchase of the vehicle. It can be a deal like everything the other way around, it’s all about luck.
