Cheapest Place To Find Cheap Used Trucks
Defining The Auto Auction
You can find cheap used trucks at most auto auctions -- a variety of auction that pushes only vehicles like cars, trucks, SUV's, and more. Several millions of cars find new homes every year thanks to these types of auctions. Unfortunately, most are reserved for dealerships looking for new products to sell, but there are others that do cater to the public. Online auctions are also starting to gain popularity, for instance through eBay.
Ludicrously Low Prices: Urban Legend Or Reality?
You can definitely find some remarkably low prices at auto auctions. You can bag some cheap used trucks and drive them off the lot for up to 90% off the original price -- these are inevitably going to be repossessed vehicles, but hey, any port in a storm, right?
The negative side is that dealers use "reserve pricing" nowadays, which is a term for setting a minimum asking price that bidders must meet in order to actually win the vehicle. This can put a damper on that bargain basement price you were hoping for, but you can still get quite a good savings despite the reserve price's interference.
The other problem with car auctions is that the prices can just as easily go up as they can drop down. That being said, buying your dream car for peanuts at a vehicle auction certainly is not impossible, but don't expect it.
Where Can I Find An Auto Auction?
There are auto auctions taking place across the country every single day. Police departments, Federal and government agencies, and auction houses sponsored in private can all house vehicle auctions. The schedule of such auctions are typically announced through website posts, in your local newspaper, offices of participating agencies, and even company brochures. If you're interested, find one near you and try attending. There's no harm in trying to find that car you've been fiending for, is there?
Registration?
A registration fee is required to enter an auto auction. You can pay this fee at the door before you are allowed in on the day of the event, so it's not overly inconvenient.
Things To Consider
Most cheap used trucks you're going to pick up at an auction are not going to come with a dealer "in house" warranty like in other car sales departments. Any manufacturer warranties that may still be good will remain up to date, though.
Do These Vehicles Actually Work?
Good question. If you're interested in a vehicle, you can't actually test drive it like you could at a dealer's location, but any bidders who would like to can test the engine, air conditioning, heat and numerous other accessories while the engine is running. At least you'll know the engine turns on when you twist the key.
How Is Payment Issued?
Typically, auction vehicles are paid for by cash, check, or credit card. Be sure to check with the house where the auction is taking place for any special instructions, or if only some forms of payment are acceptable.
When An Auction Is Won...
If you can't afford to pay for your cheap used truck, then don't try to win the auction as you will be bound legally to cough up that cash. If you do win, and can't pay, you'll be stuck with additional fees and penalties that will make life more difficult for everyone involved. - 2368
You can find cheap used trucks at most auto auctions -- a variety of auction that pushes only vehicles like cars, trucks, SUV's, and more. Several millions of cars find new homes every year thanks to these types of auctions. Unfortunately, most are reserved for dealerships looking for new products to sell, but there are others that do cater to the public. Online auctions are also starting to gain popularity, for instance through eBay.
Ludicrously Low Prices: Urban Legend Or Reality?
You can definitely find some remarkably low prices at auto auctions. You can bag some cheap used trucks and drive them off the lot for up to 90% off the original price -- these are inevitably going to be repossessed vehicles, but hey, any port in a storm, right?
The negative side is that dealers use "reserve pricing" nowadays, which is a term for setting a minimum asking price that bidders must meet in order to actually win the vehicle. This can put a damper on that bargain basement price you were hoping for, but you can still get quite a good savings despite the reserve price's interference.
The other problem with car auctions is that the prices can just as easily go up as they can drop down. That being said, buying your dream car for peanuts at a vehicle auction certainly is not impossible, but don't expect it.
Where Can I Find An Auto Auction?
There are auto auctions taking place across the country every single day. Police departments, Federal and government agencies, and auction houses sponsored in private can all house vehicle auctions. The schedule of such auctions are typically announced through website posts, in your local newspaper, offices of participating agencies, and even company brochures. If you're interested, find one near you and try attending. There's no harm in trying to find that car you've been fiending for, is there?
Registration?
A registration fee is required to enter an auto auction. You can pay this fee at the door before you are allowed in on the day of the event, so it's not overly inconvenient.
Things To Consider
Most cheap used trucks you're going to pick up at an auction are not going to come with a dealer "in house" warranty like in other car sales departments. Any manufacturer warranties that may still be good will remain up to date, though.
Do These Vehicles Actually Work?
Good question. If you're interested in a vehicle, you can't actually test drive it like you could at a dealer's location, but any bidders who would like to can test the engine, air conditioning, heat and numerous other accessories while the engine is running. At least you'll know the engine turns on when you twist the key.
How Is Payment Issued?
Typically, auction vehicles are paid for by cash, check, or credit card. Be sure to check with the house where the auction is taking place for any special instructions, or if only some forms of payment are acceptable.
When An Auction Is Won...
If you can't afford to pay for your cheap used truck, then don't try to win the auction as you will be bound legally to cough up that cash. If you do win, and can't pay, you'll be stuck with additional fees and penalties that will make life more difficult for everyone involved. - 2368
About the Author:
Used commercial vehicles may be available at auctions all across the country, but they can also be bought online. When you find one you like, do some research into the seller and their history as a business. Buy cheap trucks from a verified web resource that can help hook you up with the right vehicle through a dealer who wants the right amount of cash.
posted by Frank Potter at 1:35 AM
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