![]() 02/17/2015 at 12:53 • Filed to: None | ![]() | ![]() |
Would it be plausible to have a dealer go to an auto auction and buy a car for me? Say I have $1200 to spend on a car but can't find one that I like (MIATA).
If I told them that whatever was not spent on the car they could keep would they do it? Would this be possible?
I'm just wondering right now... in other words in the planning stages :)
![]() 02/17/2015 at 13:00 |
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this is a terrible idea. If you have someone you know with a dealer license just pay them to let you go with them as an "employee" for the day, otherwise they are not going to have your best interests in mind. Most of them wont do it, they want to make real money off the car, and don't want to take the risk for such little reward. What happens if they buy a banger with an engine that throws a rod before it gets back to deliver to you?
I dont know the state laws where you are but in some places there are public auctions where you get worse deals, but you can actually go. And I would suggest saving a bit more money. $1000 at an auction could work if you know how to do it, but mostly you are going to get junk or stuff noone wants
![]() 02/17/2015 at 13:05 |
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Okay then scratch this idea...
Damnit this is so much harder than it seems like it should be
![]() 02/17/2015 at 13:06 |
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Short answer: probably not.
Long answer:
There are a couple reasons why not.
Reason #1 is a dealership is a business looking to make a profit. For most used car deals they have to be making at LEAST $1500 before they'll even consider selling a car, and usually more than that if they're going to go to the trouble of scouring the auctions for something specific. It takes a lot of time and time = money.
Reason #2 is liability. Any car you can buy for $1200 is going to have problems. A dealership's nightmare is customers coming back complaining about every little problem a car has. Even if you know full well what you're getting into and sign numerous forms acknowledging the car is strictly as-is it's still a can of worms they don't want to open- because for every reasonable person who understands this there are 20 who will say they understand what as-is means, sign multiple papers to that effect, and then come in making a scene/slandering the dealership online the second the car makes a funky noise three months later.
The only way you're getting a car like this at auction is to make a friend, be it someone with buying power at a dealership, a tow yard owner, junkyard owner, etc. You'll need to tag along with them at the sale and hand over your own cash the second the deal is done- all you'll be doing is "borrowing" their auction access, the rest is on you.
![]() 02/17/2015 at 13:07 |
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do you know anyone with a dealers license? What state are you in? The whole of the idea isnt bad, for you to go get an auction car, just the method is flawed and set up to fail.
![]() 02/17/2015 at 13:17 |
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No, I don't know anyone who has a dealers license...
I'm in Kansas (ugh)
![]() 02/17/2015 at 13:19 |
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Okay, the method doesn't sound so bad. I actually do know a couple of junkyard owners, so that might be to my advantage
![]() 02/17/2015 at 13:24 |
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Just make sure they have a dealer license. Most of them do.
Be prepared for the car to be a total basket case. At an auction you won't have the luxury of test driving or crawling under the car. You may not even be able to hear it run or look under the hood. Hope you're ready for a project because that's what you usually find at auction in that price range.
![]() 02/17/2015 at 13:51 |
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Not going to happen unless you know someone. You can find an auto broker that will buy a car at auction for you, but they'll expect $1200 in profit. You'd need to spend at least $5,000 on a car before they will even consider it.